Starbucks will cut its ‘overly complex’ menu by a third
While Niccol didn’t name specific items, he has said the coffee chain’s menu has become “overly complex” resulting in long lines, reports CNN. Niccol said a smaller menu will help Starbucks “be more responsive and tuned in to cultural moments.”
Starbucks plans to downsize menu, roughly cutting 30% of beverage, food offerings
Starbucks will also add digital menus to all of its company-owned U.S. stores over the next 18 months to make ordering options clearer.
Starbucks plans to cut 30% of its menu
Starbucks is planning to cut its food and beverage offerings by 30 per cent over the course of this year to simplify operations and speed up service.
Starbucks says the little things are helping its turnaround. It still faces these big hurdles.
Shares of Starbucks Corp. rallied after hours Tuesday after the coffee chain reported quarterly results that beat expectations, as it tries to revive sales following a year marked by cautious consumers.
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Starbucks Corp. Stock , SBUX
Starbucks is a pioneer of the “second wave” coffee movement, with its origins in Seattle near the famous Pike Place Market. Starbucks stock price has seen tremendous growth since its 1992 IPO ...
Ticker: Starbucks turnaround efforts begin; Consumer confidence dips again
Starbucks on Tuesday reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
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Starbucks sales better than expected
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
Starbucks Corp. stock outperforms competitors on strong trading day
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Analysts lift Starbucks’ stock price targets as Wall Street buys into turnaround
Wednesday as Wall Street analysts hiked their price targets for the stock and bought into upbeat comments from Chief Executive Brian Niccol after his first full quarter at the helm. Niccol said Tuesday the company’s work to freshen its brand around coffee craftsmanship “is just beginning.
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The death of DEI is exaggerated, says fund manager targeting Starbucks and Nike
The creator of a fund designed to punish companies engaging in diversity, equity and inclusion activities says the Republican sweep hasn’t really deterred companies as much as has been suggested ...
Analysts lift Starbucks' stock price targets as Wall Street buys into turnaround
Among them, Citigroup edged up its Starbucks price target by $1 to $100 a share and reiterated a neutral rating, while Goldman Sachs analysts lifted their view to $111a share from $109 a share and stuck to their buy rating on the stock, according to FactSet data.
Starbucks Earnings Beat Expectations. The Firm Is “Moving Quickly,” Says CEO.
Under its new CEO, Starbucks is spending heavily to make itself a more welcoming coffeehouse with faster service.