One of the first changes Brian Niccol is making in his new tenure as CEO of Starbucks is to back away from the coffee chain’s short-lived discounting strategy and return to the Seattle-based chain’s ...

UNDATED (WKRC/CNN Newsource) - The coffee company said its cutting back on promotion deals and discounts in its new strategy plan. Starbucks was scaling back promotional offers through its mobile app ...

Starbucks has faced stagnating comparable sales and shrinking margins over the past years, underperforming sector benchmarks significantly. The new 'Back to Starbucks' strategy focuses on menu ...

Same-store sales are declining in both the US and internationally. Starbucks could have a macroeconomic headwind as consumers' flexibility of discretionary income gets challenged. It is questionable ...

Are you a print subscriber? Activate your account. By Erika Wheless - 1 hour 58 min ago By Berkeley Bethune - 2 hours 33 min ago By Tim Nudd - 2 hours 35 min ago By Jack Neff - 2 hours 43 min ago 5 ...