Starbucks CEO admits the chain ‘ran like a manufacturing facility’
When Brian Niccol took over as CEO of Starbucks 18 months ago with the intention to return the company to its glory days of the 1990s and early aughts, he was surprised to see the coffee chain felt more like a factory floor than a warm hangout spot.
In an recent episode of Semafor’s “The CEO Signal” podcast, Niccol said when he first took the helm of the company in late 2024, he visited several stores and noticed the coffee chain had put so much emphasis on fulfilling large volumes of...