financetom
Business
financetom
/
Business
/
Starbucks to cut production to five-day schedule at US coffee plants, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Starbucks to cut production to five-day schedule at US coffee plants, Bloomberg News reports
Aug 22, 2025 3:16 PM

(Reuters) -Starbucks is set to reduce weekly production at its five U.S. coffee roasting and packaging facilities by two days starting in January, Bloomberg News reported on Friday, citing people familiar with the matter.

The coffee chain, which is undergoing an overhaul under CEO Brian Niccol to cut costs and reinvest in its stores, has been struggling with weak demand in the United States for its pricey beverages.

Last week, Starbucks also capped raises for all North America salaried employees at a fixed 2% as part of its cost-cutting measures. The company did not immediately respond to a Reuters request for comment.

The five plants will adopt a five-day schedule, and the reduction will help pay for upgrades elsewhere after the company found it no longer needs to operate the facilities seven days a week to meet current demand, Bloomberg reported, citing one of the people.

The plants are located in Georgia, South Carolina, Pennsylvania, Nevada and Washington state and produce coffee for Starbucks' stores as well as packaged coffee the company sells at retailers and grocery stores.

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 >
SentinelOne Launches New AI-Based Security Offerings
SentinelOne Launches New AI-Based Security Offerings
Mar 23, 2026
10:14 AM EDT, 03/23/2026 (MT Newswires) -- SentinelOne ( S ) said Monday it has launched new security offerings, covering both security for artificial intelligence and the use of AI to automate security operations. The offerings include the Prompt AI Agent Security that provides a real-time discovery and governance control plane for AI agents and agentic workflows, and the Prompt...
Insight Enterprises Appoints Jack Azagury as CEO
Insight Enterprises Appoints Jack Azagury as CEO
Mar 23, 2026
10:12 AM EDT, 03/23/2026 (MT Newswires) -- Insight Enterprises ( NSIT ) said Monday its board elected Jack Azagury to succeed Joyce Mullen as president and chief executive, effective April 13. The incoming CEO spent nearly three decades at Accenture ( ACN ) before taking on his most recent advisory roles, the company said. Mullen will remain in an advisory...
Alibaba International Launches AI Agent for Businesses
Alibaba International Launches AI Agent for Businesses
Mar 23, 2026
10:13 AM EDT, 03/23/2026 (MT Newswires) -- Alibaba Group ( BABA ) subsidiary Alibaba International said Monday it launched AI-powered enterprise agent Accio Work that allows businesses to deploy AI to handle tasks such as compliance and sourcing. Financial details of the product were not provided. The pre-configured AI agents available in Accio Work will cover aspects of business operations...
RBC Says Nitrogen, Phosphate Prices Rise Amid Iran War
RBC Says Nitrogen, Phosphate Prices Rise Amid Iran War
Mar 23, 2026
10:14 AM EDT, 03/23/2026 (MT Newswires) -- Nitrogen and phosphate prices continued to rise due to disruptions linked to the Iran war, RBC Capital Markets said Monday. According to RBC, Oman is the only country still exporting nitrogen from the Middle East after Iran banned exports following attacks on the South Pars gas field. Meanwhile, nitrogen production in India has...
Copyright 2023-2026 - www.financetom.com All Rights Reserved