The struggling coffee chain has tapped Chipotle CEO Brian Niccol to be its new chairman and CEO, effective September 9. Starbucks’ stock soared more than 13% in premarket trading, while Chipotle’s dipped 8%.
Niccol has been leading the Mexican-inspired food chain since 2018, with Starbucks saying he has set “new standards in the industry and driven significant growth and value creation,” pointing to its revenue growing nearly 800% during his tenure.
Drink local.
Just make coffee at home before you leave. 10 minutes versus however long the coffee shop trip costs in time and money. Even faster if you get a basic coffeemaker that has a clock that can be set to start up automatically.
Coffee shops are overpriced for the mediocrity.
Ok but I don’t have any teenagers at home who will make whatever they want instead of what I ordered and take 20 minutes to do it.
While I agree, part of it is the experience. Some people want to spend time away from home, and for many families that is a way to buy one drink and get alone time or a place to sit with friends for a while. Sometimes it’s also the skill in the drink itself (not Starbucks, though). So in those cases, drink local.