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Stock impact report

How Starbucks plans to reopen its cafes [CNN]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: CNN
New York (CNN)CEO Kevin Johnson told employees in an open letter that the initiative means "every community will continue to monitor theCovid-19 situationJohnson acknowledged the decision is a "human one," based on complex and ever-shifting information. But field leaders will assess the situation in their areas based on four main factors: "the local status of the public health crisis, guidance from health and government officials, community sentiment and store operational readiness."Starbucks started reopening stores in based on these kinds of factors, Johnson said.In the some of the company's 15,000 stores have already shifted to drive-thru only, while other locations are offering entryway pickup, curbside delivery and at-home delivery.Read "As was the case in , [monitor and adapt] means we will gradually expand and shift the customer experiences we enable in our stores," Johnson added. So some stores will continue as drive-thru only, others will let customers order on the mobile a Show less Read more
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