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Chipotle Mexican Grill Inc

Starbucks releases preliminary results, says sales fell again

by Mark McDuffie
Starbucks releases preliminary results, says sales fell again

Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022. Carlo Allegri | Reuters Starbucks on Tuesday posted preliminary quarterly results that showed its sales …

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Starbucks taps former Chipotle executive as global chief brand officer

by Mark McDuffie
Starbucks taps former Chipotle executive as global chief brand officer

Tressie Lieberman, the incoming global chief brand officer at Starbucks. Courtesy: Starbucks Starbucks has tapped Chipotle alum Tressie Lieberman as its global chief brand officer, a newly created position and …

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New Starbucks CEO Brian Niccol commits to working with union

by Mark McDuffie
New Starbucks CEO Brian Niccol commits to working with union

A Starbucks worker wears a t-shirt and button promoting unionization on April 7, 2022, in Chicago.  John J. Kim | Chicago Tribune | Tribune News Service | Getty Images Starbucks …

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New Starbucks CEO Brian Niccol outlines plans for business

by Mark McDuffie
New Starbucks CEO Brian Niccol outlines plans for business

New Starbucks CEO Brian Niccol will focus on improving the chain’s U.S. business in his early days on the job before he moves to fix its issues abroad, according to …

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What’s likely to move the market

by Merchant Moller
What’s likely to move the market

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 9, 2024.  Brendan Mcdermid | Reuters Stocks @ Night is a daily …

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Mobile app, China are challenges

by Merchant Moller
Mobile app, China are challenges

Brian Niccol steps in as CEO of Starbucks on Monday, taking over as the coffee giant’s sales slump and stock price falls. Starbucks tapped Niccol in August to take over …

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Starbucks’ new CEO Brian Niccol will supercommute to Seattle instead of relocating

by Merchant Moller
Starbucks’ new CEO Brian Niccol will supercommute to Seattle instead of relocating

Newly appointed Starbucks CEO Brian Niccol won’t be required to relocate to the company’s headquarters in Seattle when he joins the coffee giant next month.  Instead, Starbucks says Niccol can …

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Incoming Starbucks CEO Brian Niccol may target mobile app

by Mark McDuffie
Incoming Starbucks CEO Brian Niccol may target mobile app

Mobile order and Uber Eats and Doordash delivery pick up area at Starbucks coffee shop, Queens, New York.  Lindsey Nicholson | UCG | Universal Images Group | Getty Images It’s …

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Engaged Capital has big stake in Portillo’s, pushing for turnaround: Sources

by Merchant Moller
Engaged Capital has big stake in Portillo’s, pushing for turnaround: Sources

An employee prepares a hot dog at a Portillo’s restaurant in Chicago, Sept. 27, 2022. Christopher Dilts | Bloomberg | Getty Images Activist investor Engaged Capital has built a nearly …

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Chili’s sales boosted by TikTok, fast food rivalry

by Mark McDuffie
Chili’s sales boosted by TikTok, fast food rivalry

An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili’s same-store sales climb nearly 15% in its latest quarter. But Kevin Hochman, CEO of parent company Brinker International, …

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