financetom
Business
financetom
/
Business
/
Market Chatter: Starbucks' New Technology Cuts Wait Times for In-Cafe Beverage Orders
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Starbucks' New Technology Cuts Wait Times for In-Cafe Beverage Orders
May 25, 2025 8:58 PM

11:29 AM EDT, 04/29/2025 (MT Newswires) -- Starbucks ( SBUX ) is testing new technology at dozens of US locations to cut the average time to fulfill in-cafe beverage orders by two minutes, The Wall Street Journal reported Tuesday, citing Starbucks ( SBUX ) Chief Technology Officer Deb Hall Lefevre.

The company said that during the busiest times at the test cafes, three-fourths of orders were done in four minutes or less, close to its service-time objective, while not slowing down mobile orders, according to the report.

The company intends to soon expand the test to hundreds more of its 10,000 US locations amid efforts to recapture lost sales and enhance customer sentiment, the report said.

"We've seen such positive benefits from it that the rollout is happening very quickly," Lefevre said in an interview, according to the WSJ.

Starbucks ( SBUX ) didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 83.78, Change: -0.12, Percent Change: -0.14

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Valero Energy Q4 Earnings Beat Expectations Despite Refining Woes: Details
Valero Energy Q4 Earnings Beat Expectations Despite Refining Woes: Details
Jan 30, 2025
Valero Energy Corporation ( VLO ) reported a fourth-quarter sales decline of 13.2% year-on-year to $30.76 billion, beating the analyst consensus estimate of $30.20 billion. The Refining segment posted an operating income of $437 million, down from $1.6 billion in the prior year quarter. During this quarter, refining throughput averaged 3 million barrels per day. Operating income from the Ethanol...
--ALLETE Raises Quarterly Dividend 3.5% to $0.73 per Share; Payable March 1 to Shareholders of Feb. 14
--ALLETE Raises Quarterly Dividend 3.5% to $0.73 per Share; Payable March 1 to Shareholders of Feb. 14
Jan 30, 2025
10:25 AM EST, 01/30/2025 (MT Newswires) -- Price: 65.48, Change: +0.13, Percent Change: +0.20 ...
Market Chatter: Shell, Thebe Close to Resolving Dispute Over South African Assets
Market Chatter: Shell, Thebe Close to Resolving Dispute Over South African Assets
Jan 30, 2025
10:26 AM EST, 01/30/2025 (MT Newswires) -- Shell (SHEL) and Thebe Investment are close to resolving a valuation dispute, clearing the way for the sale of Shell's downstream assets in South Africa for up to $1 billion, Bloomberg reported Thursday, citing sources with knowledge of the matter. Thebe, which owns 28% of Shell's local retail business, sought to exit its...
Exclusive-ITV, RedBird IMI hold early stage talks to merge production businesses, sources say
Exclusive-ITV, RedBird IMI hold early stage talks to merge production businesses, sources say
Jan 30, 2025
LONDON/DUBAI (Reuters) - British broadcaster ITV has been holding early stage talks with Abu Dhabi-backed group RedBird IMI about a possible merger of their respective production businesses, two people with knowledge of the situation said. The discussions have centered around merging ITV's Studios business with All3Media, the producer of hit TV show The Traitors, that RedBird IMI acquired for 1.15...
Copyright 2023-2026 - www.financetom.com All Rights Reserved