Starbucks Names Laxman Narasimhan New CEO - 02 septembrie 2022
Mr. Narasimhan will take over the world’s largest coffee chain in number of locations and sales as it navigates a changed business landscape. Covid-19 hit Starbucks hard, forcing it to temporarily close stores. By 2021, to-go orders had helped sales recover to prepandemic levels, but this year, rising costs have eroded Starbucks’s profit margins, and the company has raised prices.The company is also grappling with a unionization effort that began in its Buffalo, N.Y., market a year ago, with workers pressing for better pay, staffing levels and hours.
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