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And it's what I'm most concerned about as a shareholder right now. Why it could be the wrong move. In Q2, the North America division of Starbucks saw a 3% drop in same-store sales. This was ...
The Technomic data does show that a majority of Starbucks customers (59%) still wait less than five minutes for their orders. Still, that's notably lower than the 80% of guests who waited less ...
It's day 51 for Starbucks CEO Brian Niccol, and he's knee-deep in tackling the biggest problems facing baristas, customers, and investors. High prices, an overly complex menu, and speed of service ...
Starbucks’ model has radically changed since its start as a sit-down coffee shop. Mobile app and drive-thru orders make up more than 70% of Starbucks’ sales at its approximately 9,500 company ...
Starbucks' footprint in the United States, showing saturation of metropolitan areas. Some of the methods Starbucks has used to expand and maintain their dominant market position, including buying out competitors' leases, intentionally operating at a loss, and clustering several locations in a small geographical area (i.e., saturating the market), have been labeled anti-competitive by critics. [14]
This November, Starbucks Workers United, which now represents workers at roughly 450 of the chain’s U.S. stores, ... But the problem for Starbucks, could require more drastic measures.
His priorities right now are to leverage Starbucks' well-recognized brand to win back customers, especially in the U.S. The focus is to speed up order fulfillment, provide tools to help employees ...
Starbucks is staying in Seattle as the struggling chain tries to get back to its coffee core. New CEO Brian Niccol — who previously served as CEO at Chipotle — plans to keep the company close ...