laxman narasimhan

Starbucks Appoints Chipotle Head Brian Niccol as CEO
Starbucks Appoints Chipotle Head Brian Niccol as CEO
August 13, 2024  |  Personnel

Starbucks said Tuesday (Aug. 13) that it has appointed Chipotle Chairman and CEO Brian Niccol as CEO, effective Sept. 9, succeeding Laxman Narasimhan, who stepped...

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98% of Financially Strained Restaurant Customers Are Cutting Back
98% of Financially Strained Restaurant Customers Are Cutting Back
August 12, 2024  |  Consumer Insights

As consumers bear the burden of inflation, PYMNTS Intelligence reveals that nearly all individuals living paycheck to paycheck are making trade-offs when it comes to...

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Starbucks Renews Focus on Occasional Customers as Q2 Results Disappoint
Starbucks Renews Focus on Occasional Customers as Q2 Results Disappoint
April 30, 2024  |  Earnings

Starbucks’s artificial intelligence (AI)-powered personalized rewards efforts, aimed at increasing customer frequency and spending, appear to be facing challenges.  Following the announcement of “disappointing” second-quarter 2024 results on Tuesday...

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Starbucks Sees 75 Million Loyalty Customers as Economic Hedge
Starbucks Sees 75 Million Loyalty Customers as Economic Hedge
November 02, 2023  |  Earnings

As many restaurant brands feel consumers pull back among ongoing financial difficulties, Starbucks is leveraging its extensive digital user base to weather the storm. The...

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Starbucks CEO Could Face Tough Questions Over ‘Re-Founding’
Starbucks CEO Could Face Tough Questions Over ‘Re-Founding’
November 01, 2023  |  Retail

The CEO of Starbucks could reportedly face tough questions from investors at the coffee chain’s upcoming meeting. This week marks Starbucks’ investor day, the first...

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Starbucks Names Ex-PepsiCo Exec Laxman Narasimhan as CEO
Starbucks Names Ex-PepsiCo Exec Laxman Narasimhan as CEO
September 01, 2022  |  Personnel

Starbucks’ new CEO will be consumer products executive Laxman Narasimhan, previously CEO of the maker of Lysol, The Wall Street Journal (WSJ) wrote. Narasimhan, 55,...

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