Latest Howard Schultz News

Starbucks CEO sets four-minute service goal as he tries to reinvigorate sagging sales

Oct. 30, 2024 19:02 PM EDT

Starbucks' new Chairman and CEO Brian Niccol wants customers to get their orders hand-delivered by a barista in four minutes or less, a goal that will be central as he tries to reinvigorate the company's sagging sales. “We have to make it easier for our customers to get a cup of...

Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile orders

Sep. 08, 2024 08:10 AM EDT

To Howard Schultz, the chaos he observed at a Starbucks in Chicago one recent morning summed up the troubles of the company he long led as chairman and CEO. Commuters tumbled off trains and into a Starbucks store to pick up the orders they had placed on their cellphones. Drinks...