Why Starbucks’ new CFO bodes well for coffee chain’s turnaround
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In Turnaround Mode, Starbucks Names Nordstrom’s Cathy Smith as CFO
The veteran retail executive joins a C-suite team picked by CEO Brian Niccol to revitalize the coffee chain.Inc. - 1h -
Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort
The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.Inc. - Feb. 24 -
Starbucks poaches Nordstrom CFO as executive shake-up continues
Starbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri.NBC News - 3h -
Starbucks poaches Nordstrom CFO as executive shake-up continues
Nordstrom Chief Financial Officer Cathy Smith will join Starbucks, replacing its current CFO Rachel Ruggeri.CNBC - 34m -
Why coffee is so expensive these days
The price of coffee is at a 50-year high and climate change and global demand may be to blame. Peter Goodman, a global economy reporter at The New York Times, joins CBS News with more.CBS News - 6d -
Why are coffee prices soaring in the U.S.?
Consumers still coping with high food costs face scalding hot coffee prices, with retail costs up 75% in recent years.CBS News - 4d -
Will Starbucks’s Turnaround Be Successful? It All Comes Down to 1 Sentence
CEO Brian Niccol is trying to turn around Starbucks. Is his best bet following the Barnes & Noble playbook?Inc. - Feb. 22 -
Starbucks axes some drinks and staff in bid for US turnaround
Menu items getting the axe in the US include the Royal English Breakfast Latte.BBC News - Feb. 24 -
Starbucks is struggling to grow sales in China. Here's why
Starbucks is facing competition from lower priced alternatives while the Chinese consumer is under increased economic pressure.CNBC - 6d
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