• Login
  • Home
  • News
  • Sports
  • Reel
  • World

    Trump says US-Iran deal to be signed on Sunday as Tehran casts doubt on timing

    King leads tributes to 'giant of the art world' David Hockney

    Pope Leo visits Canary Islands to highlight perilous journeys of migrants

    Bill Gates says Epstein wanted personal relationship, but he 'never reciprocated'

    Trump says Iran shot down US helicopter and vows to respond

    'City's gonna be crazy:' Knicks run electrifies NYC, as Trump's attendance locks down arena

    Trump abruptly ends NBC interview after clash over 'rigged election' claim

    Hegseth attacks Europe over ‘invasion’ of migrants in D-Day speech

    Everest guide survived six-day ordeal by eating chocolate and 'chewing ice'

  • Worklife
  • Travel
  • Future
  • More
    • Culture
    • Music
No Result
View All Result

Welcome to World News & Todays Top News Stories

Sunday, June 14, 2026
  • Home
  • News
  • Sports
  • Reel
  • World

    Trump says US-Iran deal to be signed on Sunday as Tehran casts doubt on timing

    King leads tributes to 'giant of the art world' David Hockney

    Pope Leo visits Canary Islands to highlight perilous journeys of migrants

    Bill Gates says Epstein wanted personal relationship, but he 'never reciprocated'

    Trump says Iran shot down US helicopter and vows to respond

    'City's gonna be crazy:' Knicks run electrifies NYC, as Trump's attendance locks down arena

    Trump abruptly ends NBC interview after clash over 'rigged election' claim

    Hegseth attacks Europe over ‘invasion’ of migrants in D-Day speech

    Everest guide survived six-day ordeal by eating chocolate and 'chewing ice'

  • Worklife
  • Travel
  • Future
  • More
    • Culture
    • Music
No Result
View All Result
No Result
View All Result
ADVERTISEMENT

Starbucks boss shakes up menu to win back customers

October 23, 2024
in Business
3 min read
0


The new boss of Starbucks has promised to simplify its “overly complex menu” as the coffee chain attempts to win back customers and boost falling sales.

Brian Niccol said the company needed to “fundamentally change” and said it would review its pricing.

Figures revealed that Starbucks’ customers have cut back on spending as the rising cost of living squeezed budgets, particularly in China.

But Mr Niccol also admitted that there were issues in its stores such as not enough staff and customer bottlenecks.

Starbucks refused to confirm or deny whether menu changes and price adjustments will apply to the UK.

The company said global sales tumbled by 7% between July and September. The downturn was more dramatic in China, where sales fell 14% for the same period, as the economy there falters.

“Despite our heightened investments, we were unable to change the trajectory of our traffic decline,” said Rachel Ruggeri, Starbucks’ chief financial officer.

To improve its slowing sales, Mr Nichol pledged to “get back to Starbucks”.

“We will simplify our overly complex menu, fix our pricing architecture, and ensure that every customer feels Starbucks is worth it every single time they visit,” he said.

He added: “We need to refine mobile order and pay so it doesn’t overwhelm the café experience.”

Randeep Somel, fund manager at financial services firm L&G, said a cheaper and less complicated menu could help speed up service.

“At peak times, the queues are just too large so if you simplify the menu it might help customer throughput,” he told BBC Radio 4’s Today Programme.

Mr Niccol, who previously headed the Mexican food chain Chipotle, was brought into Starbucks to help turn the business around.

But he faced criticism over his plan to commute almost 1,000 miles (1,600km) from his family home in Newport Beach, California, to the firm’s headquarters in Seattle on a corporate jet.

Critics saw it as in contradiction with the company’s public stance on green issues.

Starbucks is due to release its full results next week. It shares dropped 4% on Tuesday as it suspended its financial forecasts for the next year due to “current state of the business”.

Starbucks’ former chief executive Laxman Narasimhan, who was ousted after a year-and-a-half in the role, had attempted to revitalised the chain’s menu.

He said in July he wanted to add new items such as boba drinks and an egg sandwich with pesto as well speedier service in stores.

However, he left the following month.



Source link

Related posts

Teen plans to leave uni 'debt free' after making £35,000 selling vintage football shirts

June 13, 2026

Elon Musk’s SpaceX raises $75bn ahead of record stock market debut

June 12, 2026
Previous Post

The hidden costs of a vegan diet – BBC REEL

Next Post

Pakistan v England: Ben Stokes eyes series win in Rawalpindi

Next Post

Pakistan v England: Ben Stokes eyes series win in Rawalpindi

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

  • Farage says Reform has contacted X 'to highest level' over fake AI ads
  • Molly Russell's dad says PM rushing social media restrictions 'deplorable'
  • Trump says US-Iran deal to be signed on Sunday as Tehran casts doubt on timing

Category

  • Business
  • Have your say
  • In Pictures
  • Politics
  • Reel
  • Sports
  • Technology
  • Top News
  • World
  • Home
  • News
  • Sports
  • Reel
  • World

    Trump says US-Iran deal to be signed on Sunday as Tehran casts doubt on timing

    King leads tributes to 'giant of the art world' David Hockney

    Pope Leo visits Canary Islands to highlight perilous journeys of migrants

    Bill Gates says Epstein wanted personal relationship, but he 'never reciprocated'

    Trump says Iran shot down US helicopter and vows to respond

    'City's gonna be crazy:' Knicks run electrifies NYC, as Trump's attendance locks down arena

    Trump abruptly ends NBC interview after clash over 'rigged election' claim

    Hegseth attacks Europe over ‘invasion’ of migrants in D-Day speech

    Everest guide survived six-day ordeal by eating chocolate and 'chewing ice'

  • Worklife
  • Travel
  • Future
  • More

© 2023 GODJ - NEWS CORP - news.godj.com.

  • Home
  • News
  • Sport
  • Reel
  • Travel
  • WorkLife
  • Future
  • World
  • Technology
  • Login

© 2023 GODJ - NEWS CORP - news.godj.com.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In