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The Latest Breaking News from Brian Niccol

Chipotle’s beefed-up portion sizes take a bite out of profitability

The burrito-bowl chain said it would offset the investment in more rice and pico de gallo with efficiencies in its supply chain.

Fortune

Starbucks CEO reveals major changes to stores after sales decline

The coffee giant is eager to win back customers with a series of significant changes.

The Street

Starbucks to remove non-dairy surcharge

The change will go into effect on Nov. 7 — the same day as Starbucks' holiday menu launch

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

Starbucks' new CEO just delivered what employees and investors have been craving after years of drama and missteps

Brian Niccol is showing the kind of clarity and decisiveness that helped him save Chipotle years ago.

Fortune

Starbucks needs you to rein in highly customized drink orders—'We have some cleanup to do,' CEO Brian Niccol says

Starbucks’ new CEO, Brian Niccol, wants to bring back the chain’s “coffeehouse vibe.”

Fortune

Stop milking it: Starbucks will stop charging extra for non-dairy milk

Requesting nondairy milk is the second most popular drink customization request behind adding a shot of espresso, Starbucks said

The Independent UK

Starbucks ends ‘vegan tax’ on nondairy milk as new CEO overhauls menu in face of customer exodus

Replacing milk with plant-based alternatives is the second most popular customization option, and the move will lead to an effective 10% price cut.

Fortune

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Starbucks CEO Says Its Too Hard For Customers To Get A Cup Of Coffee

The new CEO continues to implement new measures such as a 4-minute service goal as part of his global overhaul.

International Business Times

Chipotle makes big changes to end portion scandal

Chipotle customers have been angry over how much food they're getting for their money.

The Street

Starbucks Pulls Plug On Olive Oil Coffee After Complaints Of 'Laxative Side Effects'

Starbucks is discontinuing its Oleato line in the North American market but will remain on the menu in some spots

International Business Times

Starbucks says workers risk 'separation' if they don’t go into the office at least three days a week while its CEO commutes in via company jet

The coffee company will enforce hybrid rules for corporate employees starting in January.

Fortune

Starbucks sends hard-nosed message to corporate employees

The coffee company reveals a new consequence that employees may face for not following its return-to-office mandate.

The Street

Luckin Coffee, the buzzy chain that outsells Starbucks in China, reportedly plans a U.S. expansion

Luckin Coffee was booted off the Nasdaq in 2020 after an accounting scandal. It may be on its way back to the U.S.

Fortune

Analysts revise Starbucks stock price target after preliminary results

Here's what could happen next to Starbucks' shares.

The Street

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The Street

Starbucks makes major announcement amid falling sales

Starbucks reported steep declines in its two most profitable regions.

Barchart

CMG Earnings Preview: What to Expect from Chipotle Mexican Grill in Q3

Down 14% from all-time highs, Chipotle Mexican Grill stock trades at a lofty valuation, due to its market-thumping returns in the past two decades.

Kiplinger

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.

The Guardian - UK

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

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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

Evening Standard

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.

Fortune

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.

The Street

Starbucks is scaling back a privilege customers love

The coffee giant has reportedly made a major change that customers may not be too fond of.

Fortune

Get ready to pay more at Starbucks

New CEO is making changes that impact your wallet.

Barchart

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?

International Business Times

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.

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