The company is already making some important moves to get back on track.Starbucks (SBUX 1.65%) shareholders have had some nail-biting moments over the past few years as the company went through several CEOs and tried to adapt to changing trends. They breathed a sigh of relief with the surprise announcement that the company had snagged Brian Niccol from Chipotle Mexican Grill, and now they can breathe even easier after some new updates.If you aren't a shareholder yet, now would be a great time to make the ju ...

Starbucks has tapped Chipotle alum Tressie Lieberman as its global chief brand officer, a newly created position and the latest executive change under Brian Niccol after he left Chipotle and took over as CEO of the coffee chain last month. In Niccol's first week on the job at Starbucks, he outlined his plan for turning around the chain's slumping sales in the U.S. For the last three quarters, Starbucks has reported same-store sales declines for its home market as its occasional customers buy fewer macchiato ...

NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Starbucks Corporation (NASDAQ: SBUX) between November 2, 2023 and April 30, 2024, both dates inclusive (the “Class Period”), of the important October 28, 2024 lead plaintiff deadline. SO WHAT: If you purchased Starbucks securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrange ...

Starbucks CEO Brian Niccol is pumping breaks on discounts as it tries to turn around the struggling coffee giant. The company has reduced discounts it offers during the past year since Niccol, tapped to become CEO in August, replacing Laxman Narasimhan, took over, executives told the Wall Street Journal.Niccol, formerly the Chipotle CEO, was chosen to replace Narasimhan after a slumping stock price and sales drop prompted pressure from activist investors and former CEO Howard Schultz, who posted on social m ...

Starbucks is reportedly reversing its recent push into frequent promos on drinks and snacks.The move is part of CEO Brian Niccol's effort to re-establish the brand's upscale, premium vibe.Promos, which are primarily available in the app, have contributed to the frenzy of mobile orders. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favori ...

Discounted drinks are reportedly becoming rarer under the leadership of Starbucks’ new CEO.Brian Niccol became chief executive in August, and the company has since scaled back the array of discounts it has been offering in the last year, The Wall Street Journal (WSJ) reported Monday (Oct. 14), citing interviews with baristas and Starbucks executives.As the report notes, Starbucks and other chain eateries have spent this year relying on discounts to bring back diners after spending the year increasing menu p ...

NEW YORK, Oct. 14, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Starbucks Corporation (NASDAQ: SBUX).Shareholders who purchased shares of SBUX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/starbucks-loss-submission-form/?id=107872&from=4CLASS PERIOD: November 2, 2023 to A ...

LOADINGERROR LOADINGFederal officials claim Starbucks cut workers’ hours at hundreds of unionized stores without bargaining over it — and they want the coffee chain to pay up.The general counsel of the National Labor Relations Board filed a complaint late Thursday alleging that Starbucks made the scheduling changes in late 2022 and early 2023 and didn’t consult the union. As a result, shift supervisors and baristas at 290 stores saw their hours reduced.Advertisement Once workers have formed a union, it’s ge ...

NEW YORK, Oct. 10, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Starbucks Corporation (NASDAQ: SBUX).Shareholders who purchased shares of SBUX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/starbucks-loss-submission-form/?id=107511&from=4CLASS PERIOD: November 2, 2023 to A ...

NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Starbucks Corporation ("Starbucks" or the "Company") (NASDAQ: SBUX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Starbucks investors who were adversely affected by alleged securities fraud between November 2, 2023 and April 30, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/starbucks-lawsuit- ...