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Starbucks shares slide
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 and China.
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.
Starbucks Suspends Guidance as Sales Slump Persists
The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in after-hours trading.
New Starbucks boss to shake up menu
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.
Starbucks Reports a Slide in Sales and Traffic
Starbucks has been under pressure for awhile. Following two quarters of consecutive declines in sales and a stock price that dropped nearly 30 percent in six months, the board of directors decided this summer to abruptly replace its then-chief executive, Laxman Narasimhan.
New Starbucks boss to shake up menu as sales slide
The new boss of Starbucks says he will overhaul the global coffee chain's menu as the company continues to see its sales slide. Brian Niccol also announced that he was suspending the firm's financial forecasts for the coming year due to the "current state of the business".
Starbucks is introducing 'Wicked' drinks to celebrate movie
Starbucks channels its inner green girl with ‘Wicked'-themed drinks
The coffee chain announced that beginning Oct. 22, people in the can purchase two new drinks in partnership with the upcoming movie “Wicked.”
Starbucks is introducing 'Wicked' drinks to celebrate the movie
Starbucks is partnering with the entertainment company to celebrate the new film with drinks and merchandise inspired by the movie. Starting Tuesday, limited menu drinks made in honor of Oz’s iconic duo,
Starbucks begins selling ‘Wicked’ beverages and gift cards
Starbucks is partnering with Universal Pictures on a promotion built around “Wicked,” an origins story about the Wicked Witch of the West in “The Wizard of Oz.” The coffee chain is serving two cold beverages inspired by the main characters in the movie: Elphaba,
1h
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 ...
5h
on MSN
Starbucks reports weak quarterly results despite the arrival of Pumpkin Spice Latte season
The Seattle coffee giant on Tuesday reported weaker-than-expected sales in its fiscal fourth quarter, which ended Sept. 29.
devdiscourse
1h
Brewing Change: Starbucks' New Path Under CEO Brian Niccol
Starbucks' new CEO Brian Niccol faces the challenge of boosting confidence among investors and addressing the concerns of ...
51m
5 perks of landing that part-time Starbucks job, straight from a Starbucks employee
Starbucks offers part and full-time employees meaningful work, career growth opportunities, and industry-leading benefits.
1h
WA’s first Starbucks to open in Piara Waters on Thursday
Starbucks is rolling out its iconic drink selection in WA for the first time tomorrow and residents in Perth’s southeast can ...
7h
on MSN
Starbucks Suspends Guidance After Sales Slump Persists
Starbucks said that it needs time to review the current state of the business, after same-store sales fell 7% in its most ...
KVRR
8h
Fargo Sanford Medical Center in talks to open possible Starbucks Coffee
Starbucks Coffee at Sanford USD Medical Center. courtesy, SiouxFalls.BusinessFARGO (KVRR) – Sanford Health is exploring the ...
We are not Martha on MSN
11h
Glinda's Pink Potion Starbucks Copycat
Starbucks is celebrating the launch of the Wicked movie with two special edition drinks based on the main characters.
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Brian Niccol
Tressie Lieberman
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