Starbucks reported its third consecutive quarter of declining sales in the U.S. on Wednesday. To turn things around, Starbucks’ new CEO, Brian Niccol, is making some changes to the company’s menu, atmosphere, and customer service, including removing olive oil coffee drinks and not charging extra for non-dairy milk as of November 7. Starbucks is now…
The viral olive oil-infused drinks that Starbucks introduced last year are on their way out as the company’s new CEO begins to revamp the coffee giant to turn around lagging sales. The “Oleato” drinks will be removed from the menu in the U.S. and Canada early in November, Bloomberg News reported. Bloomberg reported that Niccol,…
Starbucks’s new CEO, Brian Niccol, has been making news for his work-from-home setup and early list of priorities. However, after Starbucks surprised investors and analysts with its preliminary earnings report Tuesday evening, commuting by private jet may be the least of Niccol’s worries. Starbucks revealed a decline in sales in the U.S. and China that…
