
Changing Direction of Company
Key Strategic Changes:
Coffeehouse Experience: Bringing back more seating after years of prioritizing digital orders and drive-thrus and rekindling the "third place" experience that made Starbucks iconic. Bring back the human connection.
Menu Simplification: Prioritizing quality over quantity. Cutting the menu by 30% and putting "guard rails" on customization to speed service to under 4 minutes.
Store Operations: Leverage existing equipment and processes wherever possible to maintain consistency across thousands of locations while reducing training complexity.
Corporate Restructuring: Laying off 1,100 corporate employees in February 2025 to streamline operations and reduce complexity.
New Leadership
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Brian Niccol was appointed Chairman and CEO in August 2024
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Mike Grams as EVP North America Chief Stores Officer
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Meredith Sandland as EVP Chief Store Development Officer
