Starbucks has appointed Brian Niccol as its new chairman and chief executive officer, effective Sept. 9, 2024. Niccol is currently the chairman and CEO of Chipotle, and he will remain with the company until taking over at Starbucks. Laxman Narasimhan is stepping down immediately from his role as the current Starbucks CEO. Niccol’s extensive experience includes previous roles as CEO of Taco Bell and positions at Pizza Hut and Procter & Gamble.

Starbucks CEO Steps Down and Makes Way for Chipotle CEO

After just over a year at the helm, Laxman Narasimhan is out as the CEO of Starbucks. Starting next month, the former Chief Commercial Officer of PepsiCo will be replaced by the Chipotle CEO Brian Niccol. Maybe Narasimhan should have bought that Schultz-brand olive oil after all. As reported by...

Chipotle Of Coffee Hires Chipotle CEO

Andrew Charles, TD Cowen research analyst, joins 'Money Movers' to discuss the similarities between Brian Niccol's position with Starbucks now and Chipotle some years ago, how Niccol was able to impact Chipotle, and more.

TD Cowen upgrades Starbucks to buy

Cava's strategy centers on aggressively opening new stores. Chipotle is already a leader in the industry, with unmatched profitability. These restaurant stocks possess their own set of unique characteristics. Investing in restaurant stocks could prove to be a lucrative endeavor. Imagine if you had bought shares of McDonald's or Starbucks...

Best Stock to Buy Right Now: Cava vs. Chipotle

Business Insider

Starbucks announced Tuesday that its CEO, Laxman Narasimhan, would step down effective immediately.

Starbucks is replacing its CEO with the boss of Chipotle in an abrupt management shake-up

McDonald's is extending its popular $5 meal deal as the value meal battle between fast food chains wages on. In a company memo obtained by ABC News, McDonald's executives said most U.S. locations will extend the deal through August. The deal that first launched June 25 was only supposed to...

McDonald's extends $5 meal, Wendy's adds $1 breakfast sandwich

Port Richey, FL

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Akeena

Florida’s buffet lovers are in for a shocker as the popular Royal Sushi Buffet & Hibachi in Port Richey has been temporarily shut down following a state inspection. This isn’t the first time the eatery has faced such trouble, but the recent closure has sparked quite a buzz among its loyal patrons and food enthusiasts alike.

Live roaches, flying objects in the kitchen and soiled shelves- Buffet closed again in Florida

Despite sweltering August temperatures, the rollout of pumpkin spice-flavored foods could spell out an early start to fall in the US.

Is pumpkin spice a summer flavor? IHOP and Krispy Kreme are the latest retailers to say yes

How many times have we seen the power of people through social media? It can take down an airline, boycott stores, cancel a celebrity, call out a 'Karen', and now, it's getting us the bigger portions at Chipotle that we've been paying for all along!. Get ready to loosen your...

Chipotle To Give Diners Bigger Portions Thanks To Social Media Outcry

Irish Star

This is the first time Starbucks has changed the recipe in 18 years. Customers aren't a fan of the new flavor.

Starbucks fans outraged over major change to iced coffee recipe

The U.S. producer price index — a measure of wholesale inflation — increased 0.1% last month, compared to expectations of a 0.2% rise. Business sentiment at Japanese manufacturers turned slightly less confident in August, according to the Reuters Tankan survey. Asia-Pacific markets have extended gains on Wednesday after...

Asia-Pacific markets continue winning run as U.S. producer prices rises less than expected

The US Sun

A LOWE’S shopper slammed the hardware retailer’s self-checkout switch-up. The customer claimed the newly implemented self-checkout lines are “disastrous” and threatened to take his business elsewhere. An X user took to social media to share his experience at Lowe’s. The former customer claimed he had to wait a “drastically” long time to use the self-checkout […]

‘Disastrous,’ says Lowe’s shopper as he slams store’s checkout switch-up – the move has driven him to ‘mom & pop store’

J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

Hollywood Unlocked

Chipotle recently faced backlash on social media after customers claimed the restaurant has been reducing the portions of its burrito bowls. In response to these complaints, the CEO has announced that the company will be implementing changes to address the issue. “First, there was never a directive to provide less to our customers,” CEO Brian ... Read more
The post Chipotle CEO Confirms Customers Were Right, Some Restaurants Were Skimping On Food — Says Changes Will Be Made appeared first on Hollywood Unlocked .

Chipotle CEO Confirms Customers Were Right, Some Restaurants Were Skimping On Food — Says Changes Will Be Made

California State

The California Fast Food Workers Union is calling for another minimum wage hike. That could be tough for businesses still processing the last one.

Fast food giants like McDonald's and Chipotle may be forced to hike prices in California again.

GOBankingRates

Have you ever thought about shopping for groceries at discount retailers to save money? According to a June 2024 GOBankingRates survey, nearly 55% of overall Americans said that they do not purchase...

8 Grocery Items That Are Better Deals at Dollar Tree Than at Aldi or Walmart

Mashed

If asked to picture a Costco pizza, you might first think of the hot slices sold at the food court. However, do you know the best frozen option to choose?

The Best Frozen Pizza You Can Buy At Costco

Years ago, some people would spend hours at Starbucks. Today, it’s a takeout counter. At many Starbucks locations, you’re lucky to find anyone sitting down.

Starbucks wanted to be the ‘third place.’ Now it’s speeding you out the door

Buena Park, CA

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NewSantaAna

How depraved and brazen would you have to be to stick your cell phone under the door of a changing room at a store to get a picture of a woman trying on clothes? Well, that happened in Buena Park on July 19, at 10:40 a.m.

Man recorded a woman who was in a Buena Park Target dressing room

Los Angeles, CA

L.A. TACO

In which L.A. TACO's Hadley Tomicki fills you in on the most exciting new restaurants, pop-ups, and food events cracking in and around Los Angeles. Razo's Fish Tacos set ups on the streets of North Hollywood from 6-10 PM every Wednesday through Saturday. The stand makes fresh seafood tacos on the spot, from a simple and short menu offering tacos with battered and fried lobster, Baja-style fish, shrimp, and octopus, as well as a taco mixta with shrimp-and-fish, served on flour tortillas.

What To Eat This Weekend In L.A.: Colombian Ceviche De Chorizo, Knafeh Chocolate Bars, Lobster Tacos, and $11 Steak Frites

NewsBreak

Three-Stock Lunch: Home Depot, Starbucks and Chipotle

Will McGough, Prime Capital Investment Advisors director...

Three-Stock Lunch: Home Depot, Starbucks and Chipotle

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