Starbucks' Plastic Straw Ban Is More Important Than You Think

newsfeedback@fool.com (Jeremy Bowman), The Motley Fool
Thu, 07/12/2018 - 6:47am

Starbucks' (NASDAQ: SBUX) recent announcement that it would eliminate plastic straws from its restaurants by 2020 elicited a collective shrug from Wall Street as the stock ticked up 2% on average volume on an up day for the market, but the decision could be an important catalyst for the coffee king at a time when it desperately needs one.Starbucks shares recently sank to a three-year low after the company said in June it would close 150 underperforming U.S.

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BING NEWS:

Surge in Eco-Conscious Consumerism Drives Growth in the Reusable Straws Market
The global reusable straws market is poised for substantial growth, with a projected valuation of USD 2 billion in 2023 and an impressive compound annual growth rate (CAGR) of 7.9% over the next ...
11/21/2024 - 2:04 pm | View Link
Starbucks to ban plastics straws in all stores by 2020
The last (plastic) straw: Which companies banning them? Plastic straw ban proposed in England Are we stuck with plastic straws? Guide: Why is plastic a problem? Nicholas Mallos, of the Ocean ...
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Starbucks' Plastic Straw Ban Is More Important Than You Think

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