Recent News About Starbucks
Niccol nears 100 days as Starbucks CEO, scaled back discounts unpopular with customers
By Business Daily | Oct 23, 2024
Starbucks' new CEO Brian Niccol approaches his first 100 days at the helm, with scrutiny on his initial policies and actions coming at the company’s fourth-quarter earnings call at the end of October.
Forbes contributor: Foxtail Coffee 'is picking up the pace of expansion'
By A. I. Benavidez | Oct 9, 2024
Gary Stern, a food and dining contributor at Forbes, said Foxtail Coffee is one example of a coffee company that is expanding while preserving culture and avoiding supply chain issues, in contrast to current issues faced by industry giant Starbucks.
Starbucks challenged by downgraded stock amid lawsuits and leadership changes
By Business Daily | Sep 26, 2024
Starbucks Corp. (SBUX) has faced a recent stock downgrade by analysts as the company deals with ongoing lawsuits, leadership changes, and activist pressure, which have impacted its near-term outlook.