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The Latest Breaking News from Laxman Narasimhan

Why Starbucks' sales are dipping

The recent statistics mark Starbucks’ second-straight quarter of sales declines

Salon

2 Dividend Stocks to Buy in August If the Market Crash Scares You

Volatility is back on Wall Street, which is bound to scare some investors. Meanwhile, Pfizer and Starbucks are two high dividend names with limited downside which conservative investors can consider now.

Barchart

Starbucks is now offering a $5 combo meal, following other fast-food chains experimenting with affordable options to lure back customers

Following several quarters of missed results, the chain is the latest of many to announce bargain deals.

Fortune

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It's been a bad month for Starbucks

"The go-to-market strategy needs to be overhauled and elevated," Schultz commented

Salon

Ex-Starbucks CEO Tells Execs To Spend Time With 'Those Who Wear Green Apron,' Address Growing Problems in U.S.

Howard Schultz has advised Starbucks senior staff to visit the coffee chain's stores and get a sense of how the customer experience can be improved.

International Business Times UK

Ex-Starbucks exec delivers blunt advice to coffee giant

Here's what its former CEO thinks could get Starbucks back on track.

The Street

Starbucks Points To Weaker Consumer As Profit Falls

Starbucks reported lower profits on falling sales on Tuesday as the coffee giant pointed to weakening consumer sentiment and lackluster conditions in China as factors behind an earnings miss.

International Business Times

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Analysts assess what's brewing at Starbucks amid politics, before earnings

Here's what could happen next to Starbucks shares.

The Street

Starbucks Takes Hit In The Middle East And China As Coffee Giant Revises 2024 Sales View

SBUX shares advanced Wednesday after the company revised 2024 expectations.

Investors Business Daily

Starbucks wants Gaza boycotts to stop

The recent plea comes in the wake of Starbucks' tensions with Starbucks Workers United and poor holiday sales

Salon

Starbucks Faces Challenges: Protests, Boycotts, and Unionization Efforts

Starbucks faces challenges as boycotts over the Middle East conflict and a unionization effort disrupt its holiday season sales and reputation.

Top News

Starbucks has a problem that's bigger than McDonald's

Yes, the coffee chain is facing new competition but that's not why its foot traffic has slowed.

The Street

Starbucks CEO reveals very surprising favorite coffee order

The chain's new CEO recently spent half a year training with baristas — and learned some surprising things.

The Street

Starbucks new CEO reveals his favorite coffee order after spending 6 months working side by side with baristas

It only costs $3.35.

Fortune

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The Street

Starbucks loses a major milestone in this key country

The coffee chain has been firing on all cylinders in the U.S. but in another area of the world it's losing ground to a domestic competitor.

The Street

Starbucks CEO's new plan does not focus on coffee

The company's new CEO has a very different plan for the company than his predecessor Howard Schultz.

Fortune

The economy is growing at its fastest rate in 3 years and it may be because bosses are treating employees better. Just look at Starbucks gaining $10 billion in one day

Starbucks soared 12% after crushing its earnings, surprising analysts. Another surprise: It's investing in things that help its workers do their jobs better.

Fortune

Starbucks' CEO reveals 3 secrets in his daily routine that helped him beat executive burnout

Laxman Narasimhan says not every meeting is urgent. “It’s got to be a pretty high bar to keep me away from the family."

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news in one place.

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Fortune

Fortune’s CEO shares conversation highlights from the 2023 Most Powerful Women Summit

This week’s episode of the Leadership Next podcast features snippets of three interviews from the recent Fortune event.

Fortune

What Starbucks’s CEO learned about humanity while training to be a barista in stores around the world for 6 months

Laxman Narasimhan also discusses international expansion and shares that a Starbucks opens in China every nine hours.

Fortune

Starbucks CEO Laxman Narasimhan says he spent six months as a barista to 'immerse' himself in the business—and 'get really good at coffee'

Narasimhan joins Fortune's Leadership Next podcast to talk about the company's purpose, its business in China—and his coffee drink of choice.

Fortune

Management consultants can make great CEOs—but they have to get their hands dirty first

Some 47 Fortune 500 CEOs have spent time as management consultants but first took more junior roles.

The Street

Starbucks Earnings Top Forecasts, Revenues Miss Street Estimates

Muted sales in North America offset a big rebound in China for the world's largest coffee chain, clouding a record quarterly revenue total.

The Independent UK

Starbucks union says Pride weekend strikes closed 21 US stores

The union organizing Starbucks workers says a strike timed to Pride month closed 21 stores over the weekend, including the company’s flagship Reserve Roastery in Seattle

Zenger

U.S. CEOs Flock To China In Wake Of Country’s Reopening

Corporate heads, including Nvidia CEO Jensen Huang, look to take advantage of China's post-COVID market opportunities

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