Posts Tagged
CEO Howard Schultz
Starbucks Food Woes Look Worse With JAB’s Panera Acquisition
published Apr 5th 2017, 4:35 pm, by Leslie Patton (Bloomberg) — Starbucks Corp. has been struggling for years to pull off its ambitious plan of selling more food. That task just got tougher. JAB Holding Co.’s $7.2 billion acquisition of bakery-cafe chain Panera Bread Co. on Wednesday vaults the investment
Starbucks’s New CEO Kevin Johnson Has a Lot to Prove: Gadfly
published Dec 1st 2016, 5:04 pm, by Shelly Banjo (Bloomberg Gadfly) — New blood is good, right? Well, not exactly. Starbucks Corp.’s stock dropped as much as 10 percent in after-market trading Thursday on news that CEO Howard Schultz is stepping down from the coffee chain he bought in 1987