The struggling coffee chain has tapped Chipotle CEO Brian Niccol to be its new chairman and CEO, effective September 9. Starbucks’ stock soared more than 13% in premarket trading, while Chipotle’s dipped 8%.

Niccol has been leading the Mexican-inspired food chain since 2018, with Starbucks saying he has set “new standards in the industry and driven significant growth and value creation,” pointing to its revenue growing nearly 800% during his tenure.

  • Capt. Wolf@lemmy.world
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    3 months ago

    Starbucks is sugary, trash water. Brew your own coffee at home. Costs way less, tastes much better, and it’s significantly healthier compared to the flavored milk they sell.

    • quicklime@lemm.ee
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      3 months ago

      Meanwhile, what they serve at Chipotle is not worth even half of what they charge for it.

      • CmdrShepard42@lemm.ee
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        3 months ago

        Yeah both these companies have been run into the ground in my opinion. They’re just coasting on inertia at this point.

      • Capt. Wolf@lemmy.world
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        3 months ago

        In my experience, anyone I’ve ever known who is earnestly writing a book or a screenplay doesn’t shut up about it, regardless of whether they go to Starbucks or not.

    • PlantJam@lemmy.world
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      3 months ago

      And if you make cold brew in advance, it’s saves a lot of time in the morning. It’s even good heated up in the microwave, but I drink it iced year round.

    • corsicanguppy@lemmy.ca
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      3 months ago

      Costs way less, tastes much better, and it’s significantly healthier compared to the flavored milk they sell.

      I don’t have the machine at home. Or that other machine. Nor can I make a fern leaf with the milk. And where’m I gonna get a lip piercing at this time of night? Be reasonable, man.