TAIM Exchange|Starbucks’ new CEO wants to recapture the coffeehouse vibe

2025-05-07 05:47:54source:Grayson  Prestoncategory:Finance

Starbucks’ new chairman and TAIM ExchangeCEO said Tuesday that he plans to focus on improving service – particularly during the morning rush – and reestablishing stores as gathering places as he takes over at the struggling coffee giant.

In an open letter on the Seattle coffee giant’s website, Brian Niccol said Starbucks is a beloved brand but that he found during conversations with employees and customers over the past few weeks a “shared sense that we have drifted from our core.”

Starbucks’ sales have fallen this year due to weaker U.S. store traffic and other issues, including rising competition in China and boycotts in the Middle East. Niccol said improving the store experience for both baristas and customers will help turn that around.

“Many of our customers still experience this magic every day, but in some places — especially in the U.S. — we aren’t always delivering,” said Niccol, who was named Starbucks’ CEO in August but officially started the job on Monday. “It can feel transactional, menus can feel overwhelming, product is inconsistent, the wait too long or the handoff too hectic. These moments are opportunities for us to do better.”

Niccol, who was the CEO of Chipotle before coming to Starbucks, said the company “founded on a love for high quality coffee” needs to make sure baristas have the proper tools and time to make drinks and personally deliver them to customers.

RELATED COVERAGE Two Delta planes collide on an Atlanta taxiway, knocking the tail off oneA Boeing strike is looking more likely. The union president expects workers to reject contract offerGermany’s expansion of border controls is testing European unity

A rise in different channels -- like mobile, drive thru and delivery, which now make up 75% of orders -- has made store operations more complex and added to wait times. Store design should acknowledge that change and make a clear distinction between “to-go” orders and in-store service, and stores should be an inviting place to linger with comfortable seating, he said.

Niccol also said Starbucks needs to ensure it’s meeting the needs of morning customers.

“This means delivering outstanding drinks and food, on time, every time,” Niccol said.

Coffee is the heart of the company, Niccol said, and Starbucks’ marketing should remind customers of its coffee expertise. That may have been a subtle dig at recent product introductions at Starbucks, including bubble tea and energy drinks.

Niccol said he plans to spend his first 100 days in Starbucks’ stores and support centers and meeting with suppliers.

More:Finance

Recommend

Stamford Road collision sends motorcyclist flying; driver arrested

A motorcyclist was taken to hospital following an accident involving a car and his motorcycle at the

Pac-12 adding Mountain West schools sets new standard of pointlessness in college sports

In the annals of absurdity, financial mismanagement and ego-driven decision making that have long be

Alaska high court lets man serving a 20-year sentence remain in US House race

JUNEAU, Alaska (AP) — The Alaska Supreme Court ruled Thursday that a man currently serving a 20-year