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Starbucks, Brian Niccol
Starbucks' early earnings show that new CEO Brian Niccol has his work cut out
Starbucks pre-released earnings on Tuesday, showing sales dropped. New CEO Brian Niccol said he plans to outline a broad turnaround agenda next week.
Starbucks Baristas, Customers Demand CEO Niccol To Make Changes, Here’s What They Have To Say
The firm's baristas have complained that they suffer from chronic understaffing, poor pay and benefits. They are also urging the company to allow them to ban aggressive customers from Starbucks stores
Starbucks boss shakes up menu to win back customers
Starbucks has seen customers cut back on spending as the rising cost of living squeezed people's budgets. The company said it expects to see global comparable sales for the three months to the end of September fall by 7%, while profits will be 25% lower.
7h
on MSN
Starbucks suspends forecasts, shares tumble as chain warns turnaround ‘will take time’
CEO Niccol took over on Sept. 9 at a time when the coffee chain struggled with tackling weakness in two top markets, the US ...
RTE Online
21m
Starbucks suspends annual forecast as new CEO prepares turnaround plan
Starbucks has suspended its forecast for the next fiscal year as new CEO Brian Niccol looks to turn around the coffee giant ...
3h
on MSN
Starbucks baristas and customers have one message to new CEO: change!
Starbucks' new CEO Brian Niccol has his work cut out for him. Tasked with reassuring investors that the company's coffee ...
Nation's Restaurant News
8h
Starbucks CEO says strategy must ‘fundamentally change’ after 7% Q4 sales decline
Brian Niccol emphasized improvements in product quality, employee experience, and service as Starbucks reports disappointing ...
6h
Starbucks shares drop as preliminary Q4 results show declining sales in US, China
Starbucks posted preliminary Q4 results that shocked the Street on Tuesday afternoon. The company reported quarterly revenue ...
6h
Starbucks to streamline ‘overly complex’ menu, fix prices as sales dip
The company reported preliminary results for its fourth quarter on Tuesday, showing a year-over-year drop in revenue for the ...
Restaurant Business
9h
Amid ongoing sales slide, Starbucks faces a ‘moment of truth’
Traffic fell 10% during the fourth quarter, according to preliminary earnings released Tuesday by the coffee shop giant.
6h
on MSN
Starbucks’ latest financials sink shares, as CEO says it’s ‘harder to be a customer than it should be’
Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers, ...
9h
Starbucks hires former Chipotle exec amid plan to turn company around
Starbucks CEO Brian Niccol has hired a familiar face to lead the company's global branding efforts. Niccol, the former head ...
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