Starbucks’ new CEO wants to make Starbucks a coffee shop again
WEBSep 10, 2024 · Brian Niccol, on his second day as Starbucks’ chief, said in a letter to employees and customers that he wants to return Starbucks to its roots as a “community coffeehouse” with comfortable ...
Coffee is in danger. Starbucks is working on solutions
WEBOct 3, 2023 · Bad weather, decreased water availability and crop diseases, among other problems, can all make coffee more expensive for Starbucks to buy, or limit supply altogether.
A major shift at Starbucks is changing its personality
WEBJul 19, 2024 · Starbucks’ changes to its sit-down business model came in response to several trends — demand from customers for ordering coffee from their cars in drive-thru lanes or on their smartphones.
Starbucks sales tumble as customers reject high-priced coffee
WEBJul 30, 2024 · Consumers have reached their breaking point with $6 iced coffees and lemonades at Starbucks. Starbucks sales dropped 3% globally at stores open for at least a year, including a 2% drop in its home ...
In China’s battle of the lattes, Luckin Coffee keeps beating …
WEBFeb 26, 2024 · Luckin Coffee, the Chinese chain that has been rebuilding its business since a fraud scandal four years ago, has reported a commanding sales lead over rival Starbucks in the important China market.
Starbucks just had a ‘disappointing’ quarter. Here’s how it plans to ...
WEBMay 1, 2024 · Starbucks is brewing a turnaround plan that involves speedier service and expanding the number of promotions after its most recent quarter was “disappointing,” in the words of its own chief ...
Starbucks’ CEO is out. Chipotle’s Brian Niccol is taking over
WEBAug 13, 2024 · Chipotle CEO Brian Niccol (left) will be Starbucks' new chairman and CEO next month. The coffee chain's current CEO, Laxman Narasimhan (right), is stepping down immediately.
Pork flavored coffee is Starbucks’ newest China pitch - CNN
WEBFeb 20, 2024 · Who doesn’t like a little braised pork with their coffee? Starbucks is betting on that unusual combination with a new drink released in China to mark the Lunar New Year. Dubbed the “Abundant ...
Starbucks sued for alleged deceptive marketing of its ‘100% ... - CNN
WEBJan 10, 2024 · Starbucks is being sued by a consumer advocacy group alleging that the global coffee chain falsely and deceptively advertises the “100% ethically sourced” claims on its coffee and tea products.
Starbucks is giving its new CEO Brian Niccol a private jet to …
WEBAug 23, 2024 · Newly named Starbucks CEO Brian Niccol won’t be a constant presence at its Seattle’s headquarters when he begins the job next month.