Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales. In a LinkedIn post published over the weekend, Schultz said many people had reached out to him after Starbucks reported weaker-than-expected quarterly sales and earnings last week. [time-brightcove not-tgx=”true”] The Seattle coffee giant said revenue dropped 2% in the January-March period as store traffic slowed around the world.
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DEE-ANN DURBIN / AP, Time: Business
Mon, 05/06/2024 - 12:10pm
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