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New CEO Slashes Menu
Starbucks in Crisis: New CEO Slashes Menu as Sales Plunge 6%!
We’ve drifted from our core, and customers are visiting less often.” – Brian Niccol, the new Starbucks CEO, didn’t mince words as he announced a complete overhaul of the coffee giant’s strategy. Faced with three consecutive quarters of declining sales,
Starbucks Suspends Its Guidance After Sales Plunge
Good morning. Starbucks sales slumped again, sending its share price lower. China’s electric vehicle exports to Europe soar ahead of incoming levies. And Louis Vuitton put a twist on its handbag for women on the go.
Starbucks Suspends Guidance as Sales Slump Persists
The coffee chain needs to ‘fundamentally change’ strategy, new CEO Brian Niccol says.
Starbucks baristas have 1 message for new CEO
Starbucks' new CEO recognizes one key to its turnaround lies with baristas
Starbucks CEO Brian Niccol said Tuesday that he wanted to make changes for the company's baristas by addressing staffing and revamping mobile orders.
Starbucks CEO explains turnaround plans after sales dip
Starbucks Chief Executive Brian Niccol announced Tuesday that the Seattle-based coffee chain needs to "fundamentally change" its strategy after the company's sales fell again this quarter. Amid talks of turnaround,
Starbucks Baristas and Customers Have One Message to New CEO: Change!
Several other baristas who are part of, or who aim to be part of, the new Starbucks Workers United union, want to see Starbucks complete the contract bargaining process with worke
13h
Starbucks Analysts Bullish On CEO Brian Niccol After Tough Preannouncement: 'Zeroing In' On Right Issues
Analysts are weighing in after Starbucks Corp. (NASDAQ:SBUX) on Tuesday reported worse-than-expected preliminary ...
19h
on MSN
Starbucks CEO says company will fix 'overly complex menu' to reverse sales slump
CEO Brian Niccol announced that the coffee giant plans to fix its menu and pricing as it seeks to boost traffic and turn ...
12h
Starbucks' sliding sales show its new CEO has his work cut out for him
Starbucks pre-released earnings on Tuesday, showing sales dropped. New CEO Brian Niccol said he plans to outline a broad ...
20h
on MSN
Starbucks shares fall after warning inflation-battered customers are cutting back
The java chain reported sales that fell for the third quarter in a row and suspended its guidance for the full fiscal year ...
QSR magazine
20h
Starbucks in Need of Fundamental Changes, CEO Brian Niccol Says
Starbucks’ new CEO Brian Niccol spoke for just about six minutes in a pre-recorded video released Tuesday afternoon. In it, ...
Fast Company
1d
Starbucks baristas and customers seek changes from new CEO
Starbucks’ new CEO
Brian
Niccol
has his work cut out for him. Tasked with reassuring investors that the company’s coffee ...
restaurantdive
13h
Starbucks US sales down as traffic nosedives
CEO Brian Niccol said the chain will address issues with its complex menu, pricing architecture and mobile order and payments ...
19h
on MSN
Starbucks reveals what an enormous mess its new CEO has to clean up
Starbucks’ new CEO Brian Niccol has a Herculean task in front of him to change the dire state of affairs that the world’s ...
devdiscourse
16h
Brewing Change: Starbucks CEO Faces Challenges in U.S. Market
Starbucks' new CEO, Brian Niccol, faces challenges including placating investors, addressing staff complaints, and refining ...
15h
on MSN
Starbucks Could See 'Easy Wins,' BofA Says, Despite Suspended Forecast
Key Takeaways Starbucks withdrew its outlook for 2025, sending shares lower before paring back most of their losses Wednesday ...
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