Shareholders Sue Chipotle Over Portion Sizes The suit claims portion sizes were "inconsistent" and hurt customer loyalty. International Business Times · Nov 12, 2024
Starbucks CEO wants to go back to basics CEO Brian Niccol pledges to simplify Starbucks menus and restore its community feel Salon · Nov 11, 2024
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. Fortune · Nov 5, 2024
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 The Independent UK · Nov 4, 2024
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. Fortune · Nov 2, 2024
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. Barchart · Nov 1, 2024
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 · Nov 1, 2024
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. Fortune · Nov 1, 2024
Starbucks to remove non-dairy surcharge The change will go into effect on Nov. 7 — the same day as Starbucks' holiday menu launch Salon · Oct 31, 2024
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 · Oct 31, 2024
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.” Fortune · Oct 31, 2024
Stop milking it: Starbucks will stop charging extra for non-dairy milk Requesting nondairy milk is the second most popular drink customization request behind adding a shot of espresso, Starbucks said The Independent UK · Oct 31, 2024
Starbucks ends ‘vegan tax’ on nondairy milk as new CEO overhauls menu in face of customer exodus Replacing milk with plant-based alternatives is the second most popular customization option, and the move will lead to an effective 10% price cut. Fortune · Oct 31, 2024
Starbucks CEO Says Its Too Hard For Customers To Get A Cup Of Coffee The new CEO continues to implement new measures such as a 4-minute service goal as part of his global overhaul. International Business Times · Oct 31, 2024
International Business Times · Oct 30, 2024 Starbucks Pulls Plug On Olive Oil Coffee After Complaints Of 'Laxative Side Effects' Starbucks is discontinuing its Oleato line in the North American market but will remain on the menu in some spots
Fortune · Oct 30, 2024 Starbucks says workers risk 'separation' if they don’t go into the office at least three days a week while its CEO commutes in via company jet The coffee company will enforce hybrid rules for corporate employees starting in January.
Fortune · Oct 29, 2024 Luckin Coffee, the buzzy chain that outsells Starbucks in China, reportedly plans a U.S. expansion Luckin Coffee was booted off the Nasdaq in 2020 after an accounting scandal. It may be on its way back to the U.S.
Barchart · Oct 23, 2024 CMG Earnings Preview: What to Expect from Chipotle Mexican Grill in Q3 Down 14% from all-time highs, Chipotle Mexican Grill stock trades at a lofty valuation, due to its market-thumping returns in the past two decades.
Kiplinger · Oct 23, 2024 What Starbucks' Latest Dividend Hike Means for Investors Starbucks disclosed preliminary Q4 results and suspended its full-year guidance, but also extended its long history of dividend hikes. Here's what you need to know.
The Guardian - UK · Oct 23, 2024 The new Starbucks boss is serving up froth and platitudes Brian Niccol’s syrupy praise for store workers does not impress. He should focus on the hard problem of rising prices
The Guardian - UK · Oct 23, 2024 New Starbucks boss to shake up ‘overly complex’ menu to win back customers Brian Niccol aims to turn around coffee chain, which has reported falling sales, revenue and profits
Evening Standard · Oct 23, 2024 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.
Fortune · Oct 18, 2024 Starbucks order taking forever? Don’t blame the barista Starbucks workers said in a recent survey few stores are adequately staffed, and less than half had equipment that reliably worked.
Fortune · Oct 14, 2024 Get ready to pay more at Starbucks New CEO is making changes that impact your wallet.
Barchart · Oct 7, 2024 PEP vs. SBUX: Which Underperforming Dividend Stock is a Better Value? While both PepsiCo and Starbucks have been underperforming the broader market this year, which dividend-paying stock is a superior buy from a valuation perspective?