Author: Starbucks

Starbucks today announced an expansion of its collaborative coffee innovation network, further connecting farmers from around the world with resources to protect the future of coffee. Building on the groundbreaking global agronomy innovation at Hacienda Alsacia, Starbucks first company-operated coffee farm, the company added farms located in Guatemala and Costa Rica with future farm investments in Africa …

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New Starbucks CEO Brian Niccol, formerly of Chipotle and Taco Bell, is laying out a plan to bring the coffee giant back to its roots, acknowledging that the brand has lost its way. Under pressure to revitalize Starbucks, which has been struggling with declining sales and supply chain issues, Niccol is eager to implement changes …

Read more “Starbucks CEO Brian Niccol’s Plan for a Global Rebirth: Returning to Core Values and Expanding Horizons + Bolsters Presence in Peru with new store in Lquitos”

An open letter for all partners, customers and stakeholders  As I step into my first week as ceo, I do so not only as a leader, but as a long-time customer. Over the past few weeks, I’ve spent time in our stores, speaking with partners and customers, and talking with teams across operations, store design, …

Read more “Message from New Starbucks CEO Brian Niccol: Back to Starbucks”

Starbucks is celebrating a decade of success in Colombia, a key market for the coffee giant. To mark the occasion, Alsea, Starbucks’ operator in Colombia, has unveiled plans for a significant investment of US$12 million over the next three years. This investment will fund the opening of 30 new stores, further solidifying Starbucks’ presence and …

Read more “Starbucks Marks 10th Anniversary in Colombia with US$12 Million Expansion Plan”

Starbucks (NASDAQ: SBUX) today announced that Brian Niccol has been appointed chairman and chief executive officer. Niccol will start in his new role on September 9, 2024. Starbucks chief financial officer, Rachel Ruggeri, will serve as interim ceo until that time. Mellody Hobson, Starbucks board chair, will become lead independent director. Niccol currently serves as …

Read more “Starbucks names Brian Niccol as Chairman and Chief Executive Officer”