Friday, November 3, 2017

Starbucks Q4 disappoints; to launch credit card

Starbucks2Starbucks is feeling the heat from higher-end and lower-end competitors.

The coffee giant cut back its profit forecast on the heels of disappointing fourth quarter sales, which were impacted in part by two back-to-back hurricanes. Starbucks also announced deals to sell its Tazo tea brand to Unilever and to launch a credit card with Chase.. . . more

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