Loading...
Loading...
According to
Reuters, Starbucks
SBUX Chief Executive Howard Schultz said in a webcast that the company will soon unveil its new health and wellness strategy.
The announcement regarding the health and wellness offerings typically appeal to higher wage earners. Companies like Whole Foods Market
WFMI have outpaced markets by intensely focusing on the fast-growing category.
Starbucks, the world's biggest coffee chain in recent years, changed its milk default to lower-fat 2 percent milk and revamped its baked goods to remove artery-clogging trans fats.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: NewsTrading IdeasConsumer DiscretionaryConsumer StaplesFood RetailHoward SchultzRestaurantsStarbucksWhole Foods Market
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in