VENTURE CAPITAL POST

Starbucks lines itself as one of the corporations who has increasing profit rate for the past market times.

Starbucks Corp is banking on gift card strategy to boost business volume this holiday season. The American Coffee company is expecting a record number of gift-card purchases on Christmas Eve. The gift-card business is propelling more traffic and loyalty to Starbucks cafes.

The European Union Commission agreed that Starbucks Corp and Fiat Chrysler Automobiles NV is currently benefiting from illegal tax deals with the government. The decision came yesterday after the hearing organized by the European Parliament.

Starbucks Corp announced on September 22 that its successful Mobile Order & Pay service is now offered in all its almost 7,500 US shops. According to Reuters, this goal is achieved three months earlier than expected. Some additional 3,400 cafes will get the new online service. These cafes are located in notable cities such as San Francisco, New York, Washington D.C., Chicago, and Boston.

Starbucks Corp, the world's biggest coffee chain, said it would close all 23 of its La Boulange retail locations by the end of September as the stores were not sustainable for its long-term growth.

Amazon’s decision to change its tax-efficient European business structure could raise its tax bill by as much as $100 million a year but authorities will have to fight for additional money and any payments will be hidden from public view.

Starbucks Corp said on Friday night that an outage affecting payment systems at a number of its stores in the United States and Canada had been resolved.

Starbucks Corp said on Thursday sales at its coffee shops in the Americas region grew more than expected, boosted by sales of breakfast sandwiches, lunch and new drinks, such as Flat White.

Starbucks Corp on Thursday said Chief Operating Officer Troy Alstead, who as finance chief helped lead the coffee chain's extensive restructuring a few years ago, is taking an extended unpaid leave to spend more time with his family.

Two of three global industry groups vying to establish a dominant standard for wireless charging technology have agreed to merge, bringing consumers a small step closer to throwing away their smartphone power cords.

Starbucks Corp, aiming to give cooling U.S. traffic a jolt, on Thursday announced it will add beer, wine, and evening snacks to thousands of domestic cafes, widen lunch offerings and roll out mobile ordering.

Starbucks Corp's newest innovation would be to connect and network the suppliers to the coffee shop chain.