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New Starbucks CEO asserts ‘we’ve turned a corner’ on problems crimping sales growth

Starbucks shares were down 3 percent in after-hours trading Thursday following second-quarter earnings that showed flat same-store sales growth and revenue that didn’t meet expectations. But Kevin..
Seattle Times

Business News Roundup, April 27

Drivers said they like that Juno takes a lower commission than Uber or Lyft and appreciate the ability to take a stake in the business. The deal marks the end of Juno’s program to distribute..

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News video: DOLLARS & SENSE 03-28-17

DOLLARS & SENSE 03-28-17

DOLLARS & SENSE 03-28-17
Source: WDEF CBS Chattanooga, TN -


UBS: The Unicorn Frappuccino will drive Starbucks higher (SBUX)

ubs: the unicorn frappuccino will drive starbucks higher (sbux)
Shares of Starbucks have gained 10% so far in 2017, outpacing the broader S&P 500, and UBS equity analyst Dennis Geiger thinks there's more room for the stock to run.  In a note circulated to..
Business Insider

Starbucks is entering a new era — and 4 jokes reveal the biggest problems haunting its business (SBUX)

starbucks is entering a new era — and 4 jokes reveal the biggest problems haunting its business (sbux)
· *Starbucks is sandwiched between inexpensive fast-food chains and high-end "Third Wave" coffee shops. * · *While it built its empire on its cool, Euro-inspired image,..
Business Insider

Starbucks' CEO doesn't plan on being Howard Schultz

Starbucks CEO Kevin Johnson admires his predecessor, Howard Schultz, but knows he'll need to find his own path, including how -More- 

As Kevin Johnson takes over as Starbucks CEO, he aims to be an authentic leader, avoid Schultz's 'big shadow'

Monday marks the day Kevin Johnson steps into the "venti-sized shoes" of Howard Schultz, becoming the fourth CEO of Starbucks since Schultz purchased the company in 1987 and built it into the..

New Starbucks CEO aims to build company that will last a century

Kevin Johnson says he’s not worried about Howard Schultz watching over his shoulder, and he won’t back off a social-issues agenda that ‘we believe is good for Starbucks.’
Seattle Times

Starbucks Will Never Learn: New Program Encourages "Bipartisan Coffee Drinking"

starbucks will never learn: new program encourages bipartisan coffee drinking
Seemingly no amount of brand destruction will ever be sufficient to convince Starbucks CEO Howard Schultz that while most adult-aged Americans seem to like his company's coffee, *roughly 50% of them..
Zero Hedge

Starbucks CEO Schultz passes baton


Report: Starbucks' CEO Farewell Sounded Like 'Stump Speech'

Howard Schultz's final speech as Starbucks CEO sounded more like a stump speech than a farewell, the Financial Times reported.

Starbucks CEO stands by pledge to hire refugees

NEW YORK (AP) — Starbucks CEO Howard Schultz presided over his last annual shareholder meeting as head of the company Wednesday by standing by its pledge to hire refugees and expanding on previously..
SeattlePI.com Also reported by •Seattle Times

Hey, Here Are Some People Who Really, Really Should Not Run For President

March 2017 is probably far too early to start considering the next presidential election, and who the Democrats might send into the breach to take on Donald Trump (assuming he runs for re-election, of..
Huffington Post

Starbucks CEO to speak at ASU commencement

Starbucks Corp. (Nasdaq: SBUX) Chairman and CEO Howard Schultz will be the graduation speaker for Arizona State University's commencement in May. Schultz will speak at Sun Devil Stadium in Tempe on May..

Credit Suisse: Customer Blowback Over Starbucks' Refugee Hiring Spree Could Crush Same Store Sales

credit suisse: customer blowback over starbucks' refugee hiring spree could crush same store sales
A few weeks ago we wrote about how the controversial decision of Starbucks' CEO Howard Schultz to hire 10,000 refugees, a clear shot at the Trump administration's immigration policies, seemingly..
Zero Hedge

Starbucks just revealed how it plans to fix its crisis of long lines in stores (SBUX)

starbucks just revealed how it plans to fix its crisis of long lines in stores (sbux)
Starbucks stores are being inundated with mobile orders, and that's drastically slowing down service and alienating customers. At a UBS conference this week, company executives revealed how they..
Business Insider

China's 'nascent and growing coffee culture' is a massive opportunity for Starbucks (SBUX)

china's 'nascent and growing coffee culture' is a massive opportunity for starbucks (sbux)
Starbucks has been ambitious about its expansion plans in China. The company says it will double its number of stores in the country by 2021. And the enthusiasm was palpable when Starbucks CEO..
Business Insider

Starbucks CEO says it's ready to enter Italy after 35 years 

Starbucks CEO Howard Schultz's vision for the chain was largely inspired by the coffee bars he saw on his first trip to Milan more than three decades ago. But it took the company growing to about..
L.A. Times Also reported by •Seattle Times

Starbucks' 'Brand Perception' Takes A Massive Hit After Announcing Plans To Hire 10,000 Refugees

starbucks' 'brand perception' takes a massive hit after announcing plans to hire 10,000 refugees
About a month ago, *Starbucks CEO Howard Schultz decided to 'take a stand' in defiance of Trump's immigration executive order* and penned a message to the world vowing, among other things, to *hire..
Zero Hedge

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