Laxman Narasimhan

Starbucks CEO Vows To Overhaul Its Cafes And Simplify Its Menu

Starbucks CEO Brian Niccol on Wednesday told investors that he plans to overhaul Starbucks US locations, adding more comfortable seating, ceramic mugs and...

Starbucks New CEO Niccol To Focus On US In First 100 days

Starbucks' new CEO Brian Niccol said he would focus on reinvigorating coffeehouse culture at the chain's stores in the US as he takes the helm in the midst...

Starbucks' New CEO To Get Millions In Equity Awards

Starbucks said on Wednesday incoming CEO Brian Niccol was eligible for annual equity awards worth $23 million (€20.9 million) and would receive additi...

Starbucks Announces New CEO, Shares Soar

Starbucks on Tuesday named Chipotle Mexican Grill Brian Niccol as its new CEO, poaching a successful fast-food executive known for reviving the burrito cha...

Global Fast-Food Chains Face Challenges As More People Eat At Home

Global fast food giants may have to dole out steeper promotions to lure inflation-hit customers who are increasingly opting to eat at home, following weak...

Starbucks Shares Drop To Two-Year Low

Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from i...

Starbucks Cuts Sales View After Middle East Conflict

Starbucks cut its annual sales forecast on Tuesday as the Israel-Hamas war hurt its Middle East business, while warning that softer demand in January and s...

Starbucks Targeting $3bn In Cost Savings Over Next Three Years

Starbucks leaned on the hype around its Pumpkin Spice Latte and other fall-themed drinks in North America to surpass Wall Street targets for fourth-quarter...

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