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The Latest Breaking News from Brian Niccol

What Starbucks' Latest Dividend Hike Means for Investors

Starbucks disclosed preliminary Q4 results and suspended its full-year guidance, but also extended its long history of dividend hikes. Here's what you need to know.

Kiplinger

The new Starbucks boss is serving up froth and platitudes

Brian Niccol’s syrupy praise for store workers does not impress. He should focus on the hard problem of rising prices

The Guardian - UK

New Starbucks boss to shake up ‘overly complex’ menu to win back customers

Brian Niccol aims to turn around coffee chain, which has reported falling sales, revenue and profits

The Guardian - UK

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Starbucks in huge shake-up after biggest fall in sales since the pandemic

Financial results revealed like for like store sales dropped by 7% in the fourth quarter to September compared with 2023.

Evening Standard

Starbucks order taking forever? Don’t blame the barista

Starbucks workers said in a recent survey few stores are adequately staffed, and less than half had equipment that reliably worked.

Fortune

Get ready to pay more at Starbucks

New CEO is making changes that impact your wallet.

Fortune

PEP vs. SBUX: Which Underperforming Dividend Stock is a Better Value?

While both PepsiCo and Starbucks have been underperforming the broader market this year, which dividend-paying stock is a superior buy from a valuation perspective?

Barchart

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Starbucks Opens 2 Innovation Farms In Effort To Protect Coffee Supplies

The farms in Costa Rica and Guatemala will work to mitigate the effects of climate change on coffee production.

International Business Times

Starbucks CEO hype has been 'overdone,' Jefferies analysts say in rare downgrade

It’s the first time in over a decade Jeffries has given Starbucks a sell-equivalent rating.

Fortune

Chipotle unveils team of robots to make your food

Chipotle’s former CEO promised generous portions following customer complaints of skimpy scoops.

Fortune

New Starbucks CEO lays into overwhelming menus, inconsistent product, and long, hectic waits

On just his second day on the job, the former Chipotle CEO signaled he will initially devote the bulk of his attention to problems in the U.S. operations.

Fortune

New Starbucks CEO Brian Niccol To Focus On US Market Revival Ahead Of Global Overhaul

New Starbucks CEO Brian Niccol revealed he will initially focus on company's business in the U.S. before turning to the international market.

International Business Times

Starbucks CEO Focuses On Improving Service And Store Experience

Starbucks' new CEO Brian Niccol plans to revitalize stores, improve service, and adapt to changing consumer preferences.

Top News

Starbucks’ new CEO reveals how he plans to turnaround business

Starbucks’ sales have fallen this year due to weaker US store traffic

The Independent UK

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Fortune

Starbucks’ new CEO on the worst advice he ever got: Demonstrate that you can fire somebody

The main qualm Brian Niccol had with his former manager’s recommendation is that it prioritized disciplining employees rather than coaching them.

Fortune

Key executives keep getting poached—and it's expensive to replace them

Executives are demanding more from their benefits plans and offerings, according to a new report.

Fortune

Red Lobster CEO secretly visited restaurants around the country before being made boss

Damola Adamolekun sampled crab legs and lobster tail in a food tour starting in May and ending in August when he was hired.

The Independent UK

Chipotle may have violated workers' unionization rights, US labor board says

The National Labor Relations Board says Chipotle may have violated federal labor law in its treatment of employees at its only unionized store

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Salon

Starbucks CEO gets private jet for work

Brian Niccol will start his new role as company Chairman and CEO on Sept. 9

The Guardian - UK

So Starbucks’ CEO commutes to work by private jet? Let’s not pretend the super-rich care about the planet

It’s paper straws and compostable cups for the masses, space travel and $600m weddings for their overlords. No wonder everyone who can afford it wants a doomsday bunker, writes Arwa Mahdawi

Top News

Starbucks CEO To Commute Weekly Via Corporate Jet

Starbucks' new CEO's use of a corporate jet raises environmental concerns and sparks debate.

The Conversation

Not even the boss of Starbucks needs to be doing a 1,000-mile commute if they can do the job from home

New Starbucks boss Brian Niccol caused many to spit out their coffee with the news he will commute around 1,000 miles from his home in California to the company’s HQ in Seattle. It’s true that he’ll have the luxury of the company jet for his trips to the office, which…

Fortune

Starbucks CEO Brian Niccol was a 'messiah' until we found out about his private jet

“The longer this new CEO goes without making a huge impact that's noticeable internally as well as externally, the worse this decision will look."

Evening Standard

Starbucks new CEO Brian Niccol under fire over 1,000 mile private jet commute

Brian Niccol will have access to private jet to fly from California home to Seattle HQ

The Guardian - US

Starbucks’ new CEO faces backlash over 1,000-mile commute by private jet

Brian Niccol faces environmental criticism over commute from southern California to Seattle instead of relocating

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