Posts Tagged
“Mercato
Starbucks’ New CEO Faces Early Challenge: Reigniting Sales
published Apr 27th 2017, 4:58 pm, by Leslie Patton (Bloomberg) — Starbucks Corp.’s new chief, who took the job this month, isn’t getting much of a honeymoon. The shares declined as much as 5.9 percent in late trading Thursday after quarterly sales missed analysts’ estimates, renewing concerns that competition and
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