The struggling coffee chain has tapped Chipotle CEO Brian Niccol to be its new chairman and CEO, effective September 9. Starbucks’ stock soared more than 13% in premarket trading, while Chipotle’s dipped 8%.
Niccol has been leading the Mexican-inspired food chain since 2018, with Starbucks saying he has set “new standards in the industry and driven significant growth and value creation,” pointing to its revenue growing nearly 800% during his tenure.
Support local independent coffee shops.
My local coffee shop donates all proceeds to orphan cage fights :(
Do you not want stronger orphans? This toughens them up…
At least it’s not homeless cage fights.
I mean technically orphans are homeless.
Not if they live in the orphanarium 🚀
Well if you call that home 🤷
Granted it needs at least one more wall, and more diverse diatary options* but it’s a start 😉
*books are vegan though!