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[431] [432] [433] Starbucks alleged that the post harmed its reputation, and sued for trademark infringement for the use of the Starbucks name and a related logo. The SWU made a filing in response, requesting the continued use of the name and logo, and alleging defamation from Starbucks that it endorsed violence or terrorism.
He also oversaw online platforms [24] and worked with Schultz on a five-year strategic plan for the company, released in December 2016. [25] In December 2016 it was announced that Howard Schultz would step down as CEO of Starbucks, and in April 2017 that he had personally recruited Johnson to be his successor. [26]
On August 13, 2024, Niccol was named the incoming chairman and chief executive officer of Starbucks. [34] [35] [36] Niccol replaced Mellody Hobson as the chairman and Laxman Narasimhan as the CEO. [2] On the day of the announcement, shares of Starbucks gained 24.5%. [36] Niccol received a starting salary of $1.6 million and a $10 million ...
The current cost to customize a drink with a non-dairy substitute is between 70-80 cents, depending on the market. Sales down 25% worldwide. In its fourth quarter and full fiscal year financials ...
Starbucks has not said whether they would change prices. For fiscal year 2024, Starbucks expects global same-store sales to grow 5% to 7%, down from its previous long-term guidance of 7% to 9%.
Starbucks’ new CEO Brian Niccols will supercommute 1,000 miles each way, from California to Seattle, weekly, instead of relocating, per his offer letter.
Starbuck, in Melville's 1851 novel Moby-Dick; Lieutenant Starbuck, in the 1978 Battlestar Galactica film and TV series; Dana Scully, from The X-Files TV series (1993–2018) - was nicknamed Starbuck by her father
Starbucks was sued for marketing its commitment to “100% ethical” sourcing while using some suppliers with “documented, severe human rights and labor abuses.”