Core Points - Starbucks is increasing its return-to-office requirement for corporate employees from three days to four days a week, effective from the start of the new fiscal year in October [1][8] - The new requirement applies to employees near support centers in Seattle and Toronto, as well as other regional offices in North America [1] - CEO Brian Niccol emphasized that in-person work enhances idea sharing, problem-solving, and cultural strengthening, which are crucial for the company's turnaround efforts [2][9] Financial Performance - Starbucks' sales for the last quarter slipped by 1%, indicating that the company's results have not yet improved [3] Employee Options - Employees who prefer not to comply with the new four-day office requirement will have the option to leave the company for a one-time cash payment [8] Leadership Changes - The previous CEO, Howard Schultz, had mandated a three-day in-office requirement starting in early 2023 [8] - CEO Brian Niccol, who began his role in September, has established an office and residence in Seattle to facilitate his work [9]

Starbucks will require its corporate employees to work four days in the office a week, up from three https://t.co/03ygJ7rbMN ...

Core Viewpoint - Starbucks is implementing a return-to-office policy requiring corporate employees to work four days a week starting in October, with an option for a voluntary exit program for those who prefer to leave the company [1][2]. Group 1: Company Strategy - Under CEO Brian Niccol's leadership, Starbucks is focused on reversing declining U.S. sales through menu simplification, enhancing the coffee shop experience, and reducing service times to four minutes per drink [2]. - The company has previously communicated to employees that failure to return to the office three days a week could result in termination, indicating a strict approach to in-office work [3]. Group 2: Workforce Changes - Starbucks cut 1,100 jobs in February and decided not to fill hundreds of open positions as part of efforts to streamline operations [3]. - As of last year, Starbucks had approximately 16,000 employees working outside of store locations, highlighting the scale of its corporate workforce [3]. Group 3: Leadership and Location - CEO Brian Niccol was not required to relocate to Seattle upon hiring, as the company promised to establish a small remote office in Newport Beach, California [4]. - Currently, Niccol primarily works in-person at the Seattle headquarters when not traveling, indicating a shift towards a more centralized leadership presence [4].

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum i ...

Restaurants & BarsDate Set For Opening Of Sustainable Fish Restaurant In NoVAAn opening date has been set for a wild-caught and farm-raised seafood restaurant currently under construction in Fairfax City.An opening date has been set for a wild-caught and farm-raised seafood restaurant currently under construction in Fairfax City. (Shutterstock)FAIRFAX CITY, VA — A wild-caught and farm-raised seafood restaurant currently under construction in Fairfax City's Kamp Washington Shopping Center will be opening in ...

America has a new favorite grill and bar. For the first time, Chili's overtook Applebee's in terms of US systemwide sales in 2024. That's according to data from restaurant tracking firm Technomic.Last quarter, Chili's reported a 31% increase in sales and a 21% increase in traffic. So, why isn't its biggest competitor, Applebee's, seeing the same success. Sales at Applebee's existing locations have actually declined every quarter for the past 2 years.Chile's owner, Brinker International, has also seen its st ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Domino's Pizza (DPZ) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 21, might help the stock move higher if these key numbers are better than expectations ...

Time for Jim and stop trading. Big fan of Melius. Obviously Ben Rees works there.His his work on the cloud as opposed to SAS very strong today. Uh they did though start Starbucks with a sale and McDonald's with a cell. And I think these are illinformed.I think that Starbucks uh you're not going to be able to again you're not going to be able to get back in. If Brian calls a bad quarter, say uh CEO goes to 86 or 88 and then the next shot is 100. I don't know how you get back in McDonald's.The value propositi ...

CHICAGO, July 14, 2025 (GLOBE NEWSWIRE) -- In honor of National Hot Dog Day (July 16), Portillo’s – the famed and fast-growing purveyor of unrivaled Chicago-style street food – is celebrating its iconic menu item, the Chicago-style Hot Dog, with a full week of mouth-watering collabs and deals that pay homage to Chicago’s iconic wiener and the seven toppings that go with it—mustard, relish, onions, tomato, pickle, sport peppers and celery salt. From $1 dogs to Chi-conic partnerships with Lou Malnati’s and Lo ...

#1 Draft Pick teams up with #1 Wings in the Nation* to debut Rookie Draft Class campaignDALLAS, July 14, 2025 /PRNewswire/ -- Wingstop (NASDAQ: WING) is pumped to announce its collaboration with one of the brand's biggest flavor fans and 2025's #1 basketball draft pick, Paige Bueckers. She is the first of Wingstop's star-studded Rookie Draft Class – a roster of rising sports stars who bring serious flavor to their games and their Wingstop orders – and now fans can order just as Paige does, with her exclusiv ...