Starbucks

Duty-free Retailer Avolta's Core Turnover Rises 5.7% In Q3

Swiss duty-free retailer Avolta reported a 5.7% organic increase in its third-quarter turnover on Thursday, helped by strong demand during peak summer trav...

Starbucks Reports Drop In Comparable Sales, Earnings As Global Demand Suffers

Starbucks reported a 7% drop in global comparable sales for the fourth quarter as the coffee chain struggles to revive demand for its pricey lattes in the...

Starbucks Pulls Annual Forecasts Amid Turnaround Under New CEO

Starbucks Corp has suspended its annual forecasts as new CEO Brian Niccol looks to turn around the coffee giant struggling to stem waning customer demand.

Starbucks North America Head Retires After Five Months In The Role

Starbucks has said that its North America CEO, Michael Conway, had decided to retire after about 11 years at the coffee chain.

Starbucks New CEO Niccol To Improve Coffee Culture At US Stores

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

Premium

Retail, Consumer CEOs See Shorter Tenures As Boards Act More Quickly

When two of the most powerful brands in retail and packaged foods last month ousted their CEOs, it signalled corporate boards are more ready to toss top ex...

Starbucks' New CEO To Get Millions In Equity Awards

Starbucks said that incoming CEO Brian Niccol was eligible for annual equity awards worth $23 million (€20.93 million) and would receive additional st...

Starbucks Appoints Chipotle's Niccol As CEO In Surprise Move

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