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Starbucks shares rise as CEO Niccol’s turnaround efforts gain traction
Starbucks shares rose about five per cent before the bell on Wednesday as the coffee chain’s strong quarterly sales signaled CEO Brian Niccol’s turnaround plan was bearing fruit. A simplified menu and investments in store and labor operations were some of the highlights of Niccol’s “Back to Starbucks” initiative.
CEO Brian Niccol said price changes are his last resort for improving Starbucks' slumping sales — but they're "absolutely" on the horizon.
Starbucks will phase out nearly 100 of stores across the country including as many as 11 in Illinois as part of a plan to ...
Starbucks will be doing away with the pickup-only store model next year, CEO Brian Niccol announced. Here's what that means.
In the midst of a headline-grabbing turnaround effort, the coffee boss insisted that things are moving faster than expected.
Starbucks is in the midst of a major turnaround in the US, and analysts don't expect to see the company break its streak of ...
Approximately 80 to 90 Starbucks "Pick Up" stores across more than 20 states will be impacted. Some locations are facing ...
Starbucks CEO Brian Niccol announced the company will be shuttering "Pick Up" locations across the country. Here's what to ...
Coffee prices (KC=F) have risen more than 20% over the past year. President Trump's tariffs could cause them to climb even ...
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