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Starbucks North America Head Step Down
Starbucks North America Head Step Down as Part of Turnaround Plan
New CEO Brian Niccol is making changes at the top amid efforts to improve retail team and store performance. Starbucks announced a slew of changes, including the exit of its North America president Sara Trilling, on Tuesday as CEO Brian Niccol tries to revive demand at the struggling coffee chain.
Starbucks shakes up its North America leadership
Mike Grams was named North America chief stores officer while Meredith Sandland was named chief store development officer. The coffee
Starbucks' North American president to step down
Starbucks said on Tuesday its North American president Sara Trilling would be stepping down after nearly three years at the role. The company also said it would now have a new role of North America chief stores officer.
Starbucks Is Making Major Cuts to Its Menu
Starbucks to cut menu by 30%
For the quarter ended Dec. 29, 2024, Starbucks’ net income fell 24% to $780 million, equal to 69¢ per share on the common stock, compared to the first quarter of fiscal 2024 when the company earned $1 billion, or 90¢ per share. Total net sales fell less than 1% to $9.4 billion from $9.41 billion the year before.
Starbucks plans to make major menu changes
Starbucks is planning on making major cuts to its menu offerings by the end of the year. Starbucks CEO Brian Niccol spoke during the company’s first quarter fiscal year 2025 earnings call, and said the company would be cutting its food and beverage offerings by nearly a third by the end of the year.
Starbucks announces cuts will be made to the menu before the end of the fiscal year
The new CEO Brian Niccol shared on Wednesday that Starbucks will place a focus on "simplifying" the menu and focusing on improving customer experiences with their initiative calle
2d
Starbucks Reports Weak Earnings as It Tries to Woo Back Customers
That showed in the company’s results. While improving, revenues and same-store sales were still lackluster, as Starbucks ...
2d
on MSN
Starbucks reports better-than-expected quarterly sales as turnaround efforts begin
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take ...
2d
on MSN
Starbucks CEO says a turnaround is underway, with no timeline on the table
Starbucks CEO Brian Niccol is promising more caffeinated growth but isn't yet ready to put hard projections around when. And ...
EURweb
1d
Starbucks Tested Panic Buttons for Staff in 5 US Stores
Starbucks introduces panic buttons and conflict de-escalation training to address customer behavior in U.S. stores.
QSR magazine
1d
The Fix at Starbucks Had to Start with Mobile Ordering
There are endless threads to pull with Starbucks’ turnaround, down to the very ink on customers’ cups as they order. But CEO ...
2d
Starbucks hires former Taco Bell execs for C-suite roles
Starbucks Corp. (Nasdaq: SBUX) CEO Brian Niccol is once again shaking up the coffee giant's C-suite, and he's bringing more ...
3d
Starbucks hires Taco Bell vets to replace departing execs
Mike Grams and Meredith Sandland will divide responsibilities in newly created roles as part of a refreshed corporate ...
6d
on MSN
Starbucks’ Most Beloved Offering Is Disappearing
Last year, on a podcast, Schultz, who is no longer Starbucks’ CEO but is still a major shareholder, described the scene as “a ...
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