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FOUND: 8 | Mind Blowing Facts

Starbucks to not increase menu prices

Starbucks CEO Brian Niccol told ABC News that the chain will not increase its food and drink prices

Salon

How ‘CEO sprinters’ like Red Lobster’s 35-year-old exec make it to the top

Leaders who become CEOs in record time all share three career catalysts.

Fortune

Starbucks posts $5.8m loss as Australians cut back on costly lattes by brewing at home

Result comes as blow to coffee chain’s hopes of cracking local market after posting a surplus in 2023

The Guardian - AU

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Starbucks' new CEO Brian Niccol wants you to get a brewed coffee in 'less than 30 seconds'

Coffee chain customers have recently complained about 30-minute-plus wait times.

Fortune

Chipotle admits its prices are going up—the same day a top analyst discovered higher-priced protein on the menu

The fast-casual Mexican chain has taken some heat for its inconsistent portion sizes, but analysts see better days ahead for Chipotle.

Fortune

Thanks to poor company performance, Starbucks employees won’t be getting their full bonuses this year—and some won’t even get merit raises

Corporate workers will earn 60% of their bonuses after the coffee chain’s worst year since 2020.

Fortune

2 Magnificent CEOs: Why Buy Stock in Any Company They Are Running

Strong CEOs like Brian Niccol and Laura Alber drive growth, profitability, and shareholder returns, making their companies smart investment choices.

MarketBeat

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Starbucks Explores Selling Shares In China Business Amid Growth Plans: Report

A stake sale could also attract interest from Chinese conglomerates or local firms with industry expertise. However, Starbucks is still in the evaluation phase and has not made a final decision.

International Business Times

Starbucks Hopes To Improve Relationship With Workers Under New CEO

Starbucks, under new chief executive officer Brian Niccol, is trying to improve work conditions for employees, an issue that's become so prevalent that it led to unionization.

International Business Times

Chipotle lied when it denied viral outrage over portion sizes getting skimpier, investor lawsuit claims

The lawsuit claims the fast-casual chain failed to acknowledge “highly inconsistent” portion sizes until diners’ discontent went viral online.

Fortune

How to get a free Starbucks reusable red cup today

Customers will recieve a free reusable red cup with any holiday drink order at Starbucks now until supplies run out

The Independent UK

What's Behind Starbucks Stock's New Sell Rating?

Starbucks stock has rallied hard since Brian Niccol was tapped as the coffee chain's new CEO, but one analyst thinks turnaround plans will be costly.

Kiplinger

Chipotle's new CEO Scott Boatwright will make millions leading the chain—but only half as much as ex-CEO Brian Niccol

Boatwright joined Chipotle in 2017 after spending 18 years at rival Arby’s Restaurant Group.

Fortune

Chipotle's new CEO gets approving nod from analysts

Boatwright is likely to look to new CFO Adam Rymer as a strategic partner.

Fortune

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International Business Times

Shareholders Sue Chipotle Over Portion Sizes

The suit claims portion sizes were "inconsistent" and hurt customer loyalty.

Salon

Starbucks CEO wants to go back to basics

CEO Brian Niccol pledges to simplify Starbucks menus and restore its community feel

Fortune

Starbucks' new CEO has a long to-do list—moving the HQ out of Seattle is not at the top

When Brian Niccol led Chipotle, he moved its HQ from Denver to his own backyard in California.

The Independent UK

Starbucks brings back retro touch with hand-written names on cups

The coffee conglomerate is appealing to old customers with the return of handwritten names on their cups

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Fortune

Starbucks CEO Brian Niccol has one job: Fix the bad vibes

The former Chipotle leader has big staffing and operations challenges at the coffee company.

Barchart

Is Wall Street Bullish or Bearish on Starbucks Stock?

Starbucks has underperformed the broader market over the past year, and analysts remain cautiously bullish about the stock’s prospects.

Fortune

Brian Niccol has to get hold of 200,000 Sharpies so he can bring back a classic Starbucks tradition

“Unfortunately it’s not as simple as going to Staples and picking up some Sharpies,” Niccol said. “That’s the power of our scale.”

Fortune

Chipotle’s beefed-up portion sizes take a bite out of profitability

The burrito-bowl chain said it would offset the investment in more rice and pico de gallo with efficiencies in its supply chain.

Salon

Starbucks to remove non-dairy surcharge

The change will go into effect on Nov. 7 — the same day as Starbucks' holiday menu launch

Fortune

Starbucks' new CEO just delivered what employees and investors have been craving after years of drama and missteps

Brian Niccol is showing the kind of clarity and decisiveness that helped him save Chipotle years ago.

Fortune

Starbucks needs you to rein in highly customized drink orders—'We have some cleanup to do,' CEO Brian Niccol says

Starbucks’ new CEO, Brian Niccol, wants to bring back the chain’s “coffeehouse vibe.”

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