You may want to prepare to drink your $6 Starbucks iced coffee black, or heaven forbid, with regular milk from a cow’s udders. Starbucks confirmed Thursday it’s seeing shortages in some products — such as popular oat milk from supplier Oatly —as consumers flood the coffee chain’s stores as they exit pandemic-related quarantine. “I can confirm that we are experiencing temporary supply shortages of some of our products. Specific items will vary by market and store, and some stores will… Source link
Read More »Starbucks Shuts Some Manhattan Stores Over Possible Protests
Benzinga The Week In Cannabis: Stocks Spike By Double Digits On Earnings, Strong Sales, Financings Cannabis stocks widely outperformed the markets after a slew of financing deals and strong earnings reports.”The cannabis industry is off to a great start this year with New York state pushing hard for legalization,” Green Market Report editor-in-chief Debra Borchardt said. “In addition to that several companies like GrowGeneration and GW Pharmaceuticals reported stellar earnings. Plus,… Source link
Read More »How Starbucks is using AI to fuel its growth, deepen customer relationships
Starbucks (SBUX) is creating a future in which artificial intelligence and digital technology will help the coffee giant fuel its growth. In an exclusive interview with Yahoo Finance Live this week, Starbucks COO and group president Roz Brewer described the tech-enabled future of the coffee chain’s growing drive-thru stores, including customizable menu boards that leverage A.I. to suggest beverage and food items based on factors such as the weather, time of day, store inventory, popularity,… Source link
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