Howard Schultz says Starbucks needs to revamp its stores after big earnings miss

Howard Schultz, former chief executive officer of Starbucks Corp., drinks from a Starbucks mug during a Senate Health, Education, Labor, and Pensions Committee hearing in Washington, DC, US, on Wednesday, March 29, 2023.Former Starbucks CEO Howard Schultz weighed in Sunday on the coffee chain's dismal latest quarterly report, saying he believes the company will recover if it improves its U.S. stores.Schultz, who no longer has a formal role within Starbucks, sees an obvious reason for the downturn. He wrote ...