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1. • • 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

     Starbucks explores UK business sale, reports say - BBC News

2. People also ask

   Will Starbucks sell its UK business?

   • Starbucks is exploring a sale of its UK business as costs rocket and competition from new players ramps up. The coffee chain has hired adviser Houlihan Lokey to sound out parties interested in buying its UK division, where it operates more than 1,000 shops, around 300 which are company-owned, according to The Times.

   Starbucks explores sale of UK business - Retail Gazette

   www.retailgazette.co.uk/blog/2022/07/starbucks-explores-sale-of-uk-business/

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   Is Starbucks in a formal sale process for the UK business?

   • Starbucks said it was "not in a formal sale process for the UK business". The firm will continue to "evaluate strategic options" for its company-owned international operations, according to the Times. The newspaper said Starbucks had taken on advisers Houlihan Lokey to explore possible options for the business.

   Starbucks explores UK business sale, reports say - BBC News

   www.bbc.co.uk/news/business-62202411

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   Is Starbucks going out of business?

   • The coffee chain launched operations in the UK in 1998. — CNN Business’s David Goldman and Mark Thompson contributed to this report. As prices surge and the UK economy struggles more than most of its peers, Starbucks is reportedly looking for an exit.

   Starbucks is reportedly considering selling its UK business

   www.cnn.com/2022/07/18/business/starbucks-uk-business/index.html

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   Will Starbucks sell its 318 UK managed outlets?

   • The Seattle-headquartered group last year hired advisers from US bank Houlihan Lokey, which specialises in offloading corporate carve-outs to private equity firms with a valuation of up to $1bn, to advise on a possible sale of its 318 UK managed outlets. Starbucks said at the time it was never in a formal sales process.

   Starbucks to open 100 outlets in UK after abandoning sell-off plan

   www.ft.com/content/cbf1e60d-5d30-43bd-8482-eee31033a936

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   Does Starbucks have a future in the UK?

   • The company is also facing increased competition in the UK from rival coffee chains including Costa, Pret A Manger and Tim Hortons. However, the BBC understands Starbucks is committed to the UK for the long-term, and continues to invest in new store openings, staff, new formats and digital sales channels.

   Starbucks explores UK business sale, reports say - BBC News

   www.bbc.co.uk/news/business-62202411

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   Why did Starbucks abandon a sales process?

   • Starbucks said at the time it was never in a formal sales process. But the idea was abandoned after existing licensees expressed opposition to the plan over fears it would decrease investment in the business and harm the brand, said people familiar with the matter. Starbucks did not immediately respond to a request for comment.

   Starbucks to open 100 outlets in UK after abandoning sell-off plan

   www.ft.com/content/cbf1e60d-5d30-43bd-8482-eee31033a936

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3. www.ft.com › content › bf998a33-d2cf-477b-abbb-bf4fcStarbucks examines sale of its UK business - Financial Times

   www.ft.com › content › bf998a33-d2cf-477b-abbb-bf4fc

   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.

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5. www.cnn.com › 2022/07/18 › businessStarbucks is reportedly considering selling its UK business - CNN

   www.cnn.com › 2022/07/18 › business

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   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.

6. www.reuters.com › world › ukStarbucks says it's not in formal sale process for UK business

   www.reuters.com › world › uk

   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...

7. www.retailgazette.co.uk › blog › 2022Starbucks explores sale of UK business - Retail Gazette

   www.retailgazette.co.uk › blog › 2022

   Jul 17, 2022 · Starbucks is exploring a sale of its UK business as costs rocket and competition from new players ramps up. The coffee chain has hired adviser Houlihan Lokey to sound out parties...

8. www.ft.com › content › cbf1e60d-5d30-43bd-8482-eeeStarbucks to open 100 outlets in UK after abandoning sell-off ...

   www.ft.com › content › cbf1e60d-5d30-43bd-8482-eee

   Mar 6, 2023 · Starbucks has shelved plans to sell its owner-operated UK coffee shops and instead committed to opening 100 outlets this year, after a proposal to move to a fully franchised business...

9. www.reuters.com › world › ukStarbucks mulls selling its UK operations, The Times reports

   www.reuters.com › world › uk

   Jul 16, 2022 · Starbucks Corp is exploring a sale of its UK operations as it faces competition from newer operators, The Times reported on Saturday citing sources.