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New Starbucks boss to shake up menu
Starbucks in huge shake-up after biggest fall in sales since the pandemic
Starbucks in huge shake-up after biggest fall in sales since the pandemic - Financial results revealed like for like store sales dropped by 7% in the fourth quarter to September compared with 2023.
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 to streamline ‘overly complex’ menu, fix prices as sales dip
Starbucks CEO Brian Niccol stepped into the role and publicly committed to a new path for the company. For the final quarter of 2024, Starbucks’ preliminary results show $9.1 billion in revenue, a 3% decline from last year.
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,
9h
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 ...
7h
on MSN
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 ...
9h
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.
Restaurant Business
11h
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.
11h
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 ...
Starbucks
12h
Starbucks Reports Preliminary Q4 and Full Fiscal Year 2024 Results
Our fourth quarter performance makes it clear that we need to fundamentally change our strategy so we can get back to growth ...
11m
Starbucks shares drop as Q4 preliminary results fall short amid weak US demand
Starbucks (NASDAQ:SBUX) shares fell Wednesday after the company reported preliminary results for its fourth quarter, posting ...
5h
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 ...
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Brian Niccol
Tressie Lieberman
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