Starbucks' new CEO arrives with more powerNiccol, who is leaving Chipotle Mexican Grill, will become CEO and chairman the moment he joins Starbucks on September 9. By contrast, Laxm...
23 Aug, 2024, 11.34 PM IST
View: New Starbucks CEO Brian Niccol could finally tame Howard SchultzStarbucks named Brian Niccol as its new CEO and chairman, known for his successful turnaround at Chipotle. Despite his departure from the b...
14 Aug, 2024, 08.07 PM IST
After Starbucks fired Laxman Narasimhan, old video of ex-CEO saying he never worked beyond 6 pm goes viralStarbucks has reportedly fired CEO Laxman Narasimhan, known for his disciplined work-life balance. Brian Niccol, CEO of Chipotle Mexican Gr...
14 Aug, 2024, 03.14 PM IST
Under pressure from the board, Starbucks turns to Chipotle's Niccol as CEO; shares soarStarbucks has appointed Brian Niccol, previously Chipotle's CEO, as its new leader, replacing Laxman Narasimhan. Known for turning around C...
14 Aug, 2024, 07.48 AM IST
From pizza delivery to robotic grills, US fast-food chains are turning to automation to boost speedThe addition of automation tools in restaurant chains could cut down on wait times, driving higher consumer engagement and increasing sales...
02 Aug, 2023, 07.15 PM IST
It's the cafe chains that the young are flocking toCafe chains in India are now growing faster than quick service restaurants (QSR) as younger, aspirational consumers increasingly prefer to ...
06 Jul, 2023, 09.54 PM IST
Starbucks brews up cheaper India drinks as domestic rivals expandAlthough Starbucks still dominates in India, rivalry is fizzing in the capital, New Delhi, and the technology hub of Bengaluru, where many ...
07 Jun, 2023, 11.37 AM IST
- Starbucks to shut down 16 stores in US. Here's why
One of the leading café chains, Starbucks, announced that it would be closing 16 stores across the country because of safety issues. Howeve...
13 Jul, 2022, 06.53 PM IST
Starbucks' share buyback program halted by Howard SchultzHoward Schultz, the founder of Starbucks, has put the company’s share-buyback program on hold. He believes that money would be better spent...
04 Apr, 2022, 07.44 PM IST
Starbucks CEO Kevin Johnson to step down among severe unionization drivesKevin Johnson, who had been CEO of Starbucks for about five years, is scheduled to step down early in April this year, and Howard Schultz i...
16 Mar, 2022, 08.47 PM IST
China's President Xi Jinping pens letter to Starbucks' Howard Schultz to promote tradeChina will "provide a broader space for companies from all over the world, including Starbucks and other American companies, to develop in ...
14 Jan, 2021, 02.12 PM IST
Fast-food companies in China step up 'contactless' pickup, delivery as coronavirus ragesMcDonald's has implemented contactless pickup and delivery of Big Macs, fries and other menu items across the China as the outbreak has unf...
17 Feb, 2020, 03.21 PM IST
Starbucks India dumps plastic in line with global commitmentWhile the change involved an initial cost and impacted the economics a bit, it would be offset over time with volumes, Ghosh said. “We are ...
27 Jul, 2018, 11.06 AM IST
Starbucks investors mourn end of an era as Howard Schultz exitsSchultz, who took up the post of executive chairman after he stepped down as Chief Executive in 2017, will be stepping away from the compan...
05 Jun, 2018, 06.12 PM IST
Starbucks's visionary CEO Howard Schultz stepping downSchultz, 63, will continue to serve as chairman of the Board and will be appointed executive chairman effective April next year.
02 Dec, 2016, 01.11 PM IST
How Starbucks and Cafe Coffee Day are squaring up for control of India’s coffee retailing marketStarbucks, the world's largest coffee retailer and Café Coffee Day, India’s No. 1 chain, square off even as rival chains struggle to keep u...
08 Jun, 2014, 11.47 AM IST
- Starbucks hopes free songs, e-books lure customers
Starbucks is adding a venti-sized dollop of free books, news and entertainment to its Internet offerings starting on Wednesday.
20 Oct, 2010, 10.54 AM IST