Laxman Narasimhan news and trends

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

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 restaurant spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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

Starbucks’s artificial intelligence (AI)-powered personalized rewards efforts, aimed at increasing customer frequency and spending, appear to be facing challenges.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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

As many restaurant brands feel consumers pull back among ongoing financial difficulties, Starbucks is leveraging its extensive digital user base to weather the storm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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

The CEO of Starbucks could reportedly face tough questions from investors at the coffee chain’s upcoming meeting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Interviews & Exclusives
98% of Financially Strained Restaurant Customers Are Cutting Back

August 12, 2024
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 restaurant spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

Quick Reads
Starbucks Appoints Chipotle Head Brian Niccol as CEO

August 13, 2024
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 down as CEO and director Tuesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]

Starbucks CEO Could Face Tough Questions Over ‘Re-Founding’

November 01, 2023
The CEO of Starbucks could reportedly face tough questions from investors at the coffee chain’s upcoming meeting. Get the Full Story Complete the form to unlock this article and enjoy...

Starbucks Names Ex-PepsiCo Exec Laxman Narasimhan as CEO

September 01, 2022
Starbucks’ new CEO will be consumer products executive Laxman Narasimhan, previously CEO of the maker of Lysol, The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the form...