Brian Niccol’s appointment suggests a win for ex-CEO Howard Schultz
Howard Schultz - Narasimhan's predecessor and a celebrated CEO and founder - had in May said that Starbucks needed to renew focus, and fix the US operations, which were the 'primary reason for the company’s fall from grace'.
'There was a future meeting scheduled for Starbucks and Apple around mobile order and pay and other things,' Howard Schultz said, adding that he met Steve Jobs at Apple's campus courtyard where they went on a walk to discuss the matter.
From Chinese President Xi Jinping's visit to France and former Starbucks CEO's advice to the company to South Korea's illegal short sellers, here's a look at some of the major developments from across the world.
Howard Schultz didn’t start Starbucks, but he built it into the company it is today. And in him, we saw how the best and worst parts of founders and longtime CEOs are often one in the same. Everything is personal for them. They inject a company with passion and dedication, but that also can mean they make decisions using emotion rather than reason. So for Schultz, the arrival of the union was deeply personal. He believed that only badly behaved companies needed unions to protect their workers; in his mind, Starbucks was not that kind of a company, and he was not that kind of a CEO
'Corporate Culture' is the new catchword in business circles off late, and with good reason.
Everyone in the US is hoping for a deal. They are urging the lawmakers in their own unique ways.
Starbucks Corp Chief Executive Howard Schultz on Wednesday said the coffee chain is in talks about paying income taxes in the UK, despite the fact the company has not made a profit in that market for many years.
The iconic coffee chain from Seattle has made quite a splash with its launch in India. But it isn't getting carried away by the early success.