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- Starbucks is reportedly exploring a potential sale of its UK business as it faces increasingly tough competition and changing customer habits. The world's biggest coffee chain has been hit hard by lockdown measures around the world. Starbucks said it was "not in a formal sale process for the UK business".
www.bbc.co.uk/news/business-62202411
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Jul 17, 2022 · Starbucks is examining a possible sale of its UK business as the world’s largest coffee chain faces changing consumer habits after the pandemic and increased competition.
Jul 18, 2022 · Starbucks is reportedly exploring a potential sale of its UK business as it faces increasingly tough competition and changing customer habits.
Jul 18, 2022 · The company is engaged with advisers to determine whether it could — or should — sell its business in the United Kingdom, according to UK newspaper The Times.
Jul 16, 2022 · According to the Times report, Starbucks has not initiated a "formal sales process" of its UK business and continues to "evaluate strategic options" for its company-owned international...
Jul 17, 2022 · Starbucks Coffee Company UK reported sales of £328 million for the year to October 2021, and bounced back into the black following a year in which it was blighted by Covid restrictions.
Jul 16, 2022 · The coffee chain has asked Houlihan Lokey Inc (HLI.N) to canvass interest for its UK business, the report said adding that the company has been facing competition from rival coffee chains like...