Posts Tagged
“Mercato
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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
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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