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Starbucks' new CEO vows to make chain's cafes "inviting places to linger"

Starbucks' new CEO vows to make chain's cafes "inviting places to linger"

CBSN
Tuesday, September 10, 2024 08:35:33 PM UTC

Brian Niccol prepped for his new gig as chief executive of Starbucks by visiting some of the coffee chain's more than 17,000 U.S. stores, finding a "shared sense that we have drifted from our core." 

In an open letter posted Tuesday, the former Chipotle CEO said he would work to reestablish the caffeine purveyor as a comfortable place to hang out with friends, an ambiance that seemingly got lost in the shuffle during the pandemic, as the company devoted itself to fulfilling to-go orders from its mobile app. 

Niccol stepped into his new role on Monday, weeks after Starbucks ousted Laxman Narasimhan, whose 18-month stint at Starbucks' helm was marred by sluggish sales, a declining stock price and fading appeal for the company, particularly among Americans.

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