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Listen "Why Starbucks is still struggling after a year with its new CEO"
Episode Synopsis
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Despite a year of changes including menu simplification, store renovations, and a half-billion-dollar investment in labor hours, Starbucks is still reporting declining sales and facing strikes from over 600 unionized locations. We examine how CEO Brian Niccol's attempts to recreate the "third place" experience have been undermined by understaffing, operational complexity, and the fundamental tension between being a global corporation and a cozy neighborhood coffeehouse. Plus: OpenAI goes Hollywood and StubHub is looking to IPO.
Join our host Jon Weigell as he takes you through our most interesting stories of the day.
Follow us on social media:
TikTok: https://www.tiktok.com/@thehustle.co
Instagram: https://www.instagram.com/thehustledaily/
Thank You For Listening to The Hustle Daily Show. Don’t forget to hit subscribe or follow us on your favorite podcast player, so you never miss an episode! If you want this news delivered to your inbox, join millions of others and sign up for The Hustle Daily newsletter, here: https://thehustle.co/email/
If you are a fan of the show be sure to leave us a 5-Star Review, and share your favorite episodes with your friends, clients, and colleagues.
Despite a year of changes including menu simplification, store renovations, and a half-billion-dollar investment in labor hours, Starbucks is still reporting declining sales and facing strikes from over 600 unionized locations. We examine how CEO Brian Niccol's attempts to recreate the "third place" experience have been undermined by understaffing, operational complexity, and the fundamental tension between being a global corporation and a cozy neighborhood coffeehouse. Plus: OpenAI goes Hollywood and StubHub is looking to IPO.
Join our host Jon Weigell as he takes you through our most interesting stories of the day.
Follow us on social media:
TikTok: https://www.tiktok.com/@thehustle.co
Instagram: https://www.instagram.com/thehustledaily/
Thank You For Listening to The Hustle Daily Show. Don’t forget to hit subscribe or follow us on your favorite podcast player, so you never miss an episode! If you want this news delivered to your inbox, join millions of others and sign up for The Hustle Daily newsletter, here: https://thehustle.co/email/
If you are a fan of the show be sure to leave us a 5-Star Review, and share your favorite episodes with your friends, clients, and colleagues.
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