Starbucks CEO Is Tossed Out Like A Poorly Made Latte
StarbucksStarbucks(US:SBUX) Forbes·2024-08-14 01:05

Starbucks' mobile order pick up has created unsurmountable operational issues with the legacy brand ... [+] known for service. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images)UCG/Universal Images Group via Getty ImagesIn a swift and unexpected move, Starbucks ousted its chief executive officer, Laxman Narasimha. The recent earnings report shed light on the struggles of one of America’s favorite brands. The third quarter revenue for Starbucks dropped 4% in comparable store sales foll ...