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The Latest Breaking News from Starbucks

‘The thought behind it was great, but the execution was proving difficult': Starbucks abandons AI inventory tool after only nine months following multiple errors — coffee giant says it needs to 'focus on consistency and execution at scale'

Starbucks has rolled back its failed AI inventory system, which failed to identify products in real-world environments, after just nine months.

TechRadar

Candace Owens and Laura Loomer Trade Explosive Insults: 'Is the FBI Investigation in the Room With You?'

Candace Owens' visit to a Kremlin-backed forum in Russia has sparked a feud with Laura Loomer, leading to accusations of aiding foreign propaganda and highlighting conservative ideological divides.

International Business Times UK

Doing Business in South Korea? One Wrong Word Can Bring Down Your Brand

From Starbucks' Tank Day blunder to election protests, South Korea's political climate is making it one of the world's riskiest brand environments.

International Business Times

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Chitale vs Starbucks: Pune traveller shares how local heroes are challenging foreign brands

A viral video from Pune International Airport showcases local Maharashtrian brands like Chitale Bandhu and Ganesh Bhel standing alongside global giants. This scene reflects a growing pride in Indian entrepreneurship and a shift in traveler preference towards authentic, culturally resonant flavors and trusted homegrown businesses.

The Economic Times

How a Starbucks marketing stunt spiralled into mass boycotts in South Korea

A botched tumbler promotion on the anniversary of a pro-democracy massacre unleashed a boycott, police investigation and political firestorm

The Guardian - AU

$47 frappuccino nobody asked for (but everyone needs): How Starbucks can cure its midlife crisis with a pinch of saffron, and some very old retail psychology

Starbucks faces challenges and needs a new strategy. The article suggests introducing very expensive items to make regular coffees appear cheaper. It also proposes selling small, premium spice blends as add-ons. These additions offer high profits and enhance the customer experience. This approach is compared to luxury hotels and ice…

The Economic Times

Greggs on a roll and TGI’s return: Let’s be honest about restaurant chains

IN FOCUS: For years, Britain turned its nose up at the big names. But TGI Fridays is back with a new menu, Jamie’s Italian has opened its doors again, and even Greggs is on a (sausage) roll. Price matters more than pricey independents these days, says Hannah Twiggs

The Independent UK

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I made two identical espressos with $5 coffee beans and $20 coffee beans — and yes, the coffee snobs are right

Episode 10 of The Coffee Lab sees me pitting cheap and expensive beans against each other: Do you really need to spend $20 on coffee beans?

Tom’s Guide

The $47 Frappuccino nobody asked for (but everyone needs)

How Starbucks can cure its midlife crisis with a pinch of saffron, and some very old retail psychology.

The Economic Times

‘The next China is still China’: McKinsey’s Joe Ngai and Nick Leung on why global business can’t write off the Chinese economy

“You can’t find another China. There’s no other China out there now," Greater China chair Joe Ngai says.

Fortune

Kentucky Woman Gets Free Coffee In Drive-Thru Pay-It-Forward Chain. Then She Sees The Car Behind Her—And Decides To End It

At some point in your life, a generous soul in the drive-thru may have covered your coffee through a pay-it-forward chain. It’s a domino effect of people covering the tab of the person behind them. Though this gesture is intended to be well-meaning, it can place pressure to return the…

The Mary Sue

The US just had its highest number of people file for unemployment benefits since the Iran war started

The war in Iran has injected significant uncertainty into the broader US economy and its labor market

The Independent UK

Salesforce Stock: Buy the Underrated AI Company Now as Pessimism Peaks

Salesforce may be cannibalizing its own business through Agentforce, but the potential of its dominance in AI agents is huge.

Barchart

Starbucks’ AI Disaster and Sam Altman’s U-Turn Prove That AI Still Needs Humans

The company’s inventory management AI failed at simple tasks, reiterating the need for human involvement in all processes.

Barchart

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The Independent UK

Brothers accused of assaulting police officer at Manchester Airport will not face third trial

Widely circulated footage of the incident at the major airport sparked protests

Fortune

Starbucks quietly retired its AI agent just months after deployment after it hallucinated coffee shop inventories and slowed down baristas

“It started off not particularly accurate and got less accurate over time,” one Starbucks employee told Fortune.

International Business Times UK

Starbucks Korea Blasted Over Ad Campaign That References 1980 Gwangju Massacre, Triggering Boycott Calls

Starbucks Korea faces backlash and boycott calls after a marketing campaign referencing the Gwangju uprising prompted public apologies and internal reviews.

The Independent UK

Former Loose Women star reveals devastating financial and health struggles

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The Independent UK

Loose Women star Andrea McLean says she ‘lost everything’ after leaving ITV show: ‘I tried to get a job in Starbucks’

Presenter, 56, quit her role on ITV’s ‘Loose Women’ in 2020

Barchart

As Other Companies Double Down on AI, Starbucks Is Jumping Ship. What It Means for SBUX Stock.

Starbucks shares sink as the company retires AI inventory counting tool. Here’s why the announcement is largely bearish for SBUX shares.

Barchart

Starbucks Stock is Up YTD – Thank a Kardashian

As Starbucks stock climbs 25% year-to-date, the Khloud protein popcorn partnership signals the company's turnaround is finally taking hold.

International Business Times UK

Starbucks 'Tank Campaign' Mocked 1980 Massacre Victims—Korea Boss Issues Second Apology Over Insensitive Ad

Starbucks Korea's 'Tank Day' campaign sparked outrage by inadvertently referencing the 1980 Gwangju massacre, leading to public apologies and calls for a boycott.

International Business Times UK

Ex-Starbucks President Enters Mental Health Clinic Amid Anxiety And 'Retirement Depression': 'I'll Be Back Soon'

Howard Behar, who grew Starbucks from 28 to 15,000 stores, entered a mental health clinic for anxiety and 'retirement depression.'

The Economic Times

Starbucks sees sharp drop in Korean sales after 'Tank Day' marketing backlash

Starbucks Korea sales have dropped significantly. This follows a marketing campaign that caused public anger. The campaign was linked to the Gwangju Uprising. Shinsegae Group chairman Chung Yong-jin has apologized. He stated he takes full responsibility for the incident. The company acknowledges serious flaws in its risk management. Starbucks global…

AAP

South Korean Starbucks boss apologizes for ad campaign that evoked massacre

South Korean retail tycoon Chung Yong-jin has apologized for a second time in two weeks as Starbucks' local operation faces a backlash over a recent marketing campaign that was widely perceived as mocking victims of a bloody military crackdown on pro-democracy protesters in 1980

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