Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Regular Fit Jeans Buy Now
Slim RFID Aluminum Card Wallet Buy Now
Ginasy Faux Leather Leggings for Women Buy Now
V Neck Batwing Half Sleeve Shirts Solid Color Tops Buy Now
Men's Manicure & Pedicure Kit Buy Now
Skechers Gowalk Arch Fit Idyllic Buy Now
NELEUS Women's Running Shorts Buy Now
Atomic Habits Buy Now
KODAK PIXPRO AZ255-BK 16MP Vlogging Camera Buy Now
VIZIO 40 inch Smart TV (VFD40M-08) Buy Now
EcoSmart Fleece Hoodie Buy Now
Tie Dye Seamless Leggings Buy Now
Multifunctional Cleaning Kit Buy Now
Calvin Klein Bella Crossbody Buy Now
Women's Stretch High Waist Ruched Bodycon Buy Now
Rihero Women's Leather Sandals Buy Now
Puffy Eyes And Dark Circles Treatment Buy Now
Michael Kors Crossbody Bag for Women Buy Now
CRZ Yoga Pima Cotton Cropped Tank Buy Now
Winter Dress Tunic Tops Buy Now
Regular Fit Jeans Buy Now
Slim RFID Aluminum Card Wallet Buy Now
Ginasy Faux Leather Leggings for Women Buy Now
V Neck Batwing Half Sleeve Shirts Solid Color Tops Buy Now
Men's Manicure & Pedicure Kit Buy Now
Skechers Gowalk Arch Fit Idyllic Buy Now
NELEUS Women's Running Shorts Buy Now
Atomic Habits Buy Now
KODAK PIXPRO AZ255-BK 16MP Vlogging Camera Buy Now
VIZIO 40 inch Smart TV (VFD40M-08) Buy Now
MoreBack to News Headlines
Starbucks is struggling. So it hired fast food’s Mr. Fix-It

Starbucks is struggling. So it hired fast food’s Mr. Fix-It

CNN
Wednesday, August 14, 2024 11:07 AM GMT

In 2018, Chipotle was reeling from food safety fears after an E. coli outbreak, restaurants were considered messy, and new menu items like queso weren’t landing with customers.

In 2018, Chipotle was reeling from food safety fears after an E. coli outbreak, restaurants were considered messy, and new menu items like queso weren’t landing with customers. The company turned to Brian Niccol to solve its mountain of problems. Niccol had previously led a turnaround effort at Taco Bell, introducing breakfast at the chain, creative items like Doritos Locos tacos, nacho fries and new “Cantina” restaurants. Niccol then successfully revived Chipotle, leaning on advertising, new menu additions like quesadillas, carne asada and pollo asado, and digital and drive-thru ordering to position the brand as upscale fast food. Chipotle’s revenue has surged more than 800% over the past five years as a result. Last quarter, its sales at stores open at least a year increased 11%, despite tepid growth from competitors like McDonald’s and Wendy’s. So, starting next month, fast food’s fix-it man will work to turn around Starbucks as its new CEO, the company announced on Tuesday. Niccol will be Starbucks’ fourth CEO in two years, taking the helm amid a slump in Starbucks’ business and pressure from employees and investors. Investors cheered the news. Starbucks closed up 25%, while Chipotle fell 8% after people heard about the CEO switch. “It really is a similar story. The comparisons here are pretty spot on between Chipotle in 2018 and Starbucks today,” RJ Hottovy, an analyst at Placer.ai, told CNN.

Read full story on CNN
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Facebook privacy practices the focus of $8 billion trial targeting Zuckerberg

An $8 billion trial by Meta Platforms shareholders against Mark Zuckerberg and other current and former company leaders kicks off on Wednesday over claims that they illegally harvested the data of Facebook users in violation of a 2012 agreement with the US Federal Trade Commission.

More employers plan to pass along health care costs to workers in 2026

Battered by multiple years of high health care costs, employers are planning to shift more of the expense to workers in 2026, a new survey released Wednesday found.

US launches probe into Brazil’s trade practices

The United States has launched an investigation into “unfair” trading practices by Brazil, escalating President Donald Trump’s spat with the world’s 10th-largest economy over issues including the criminal case against its former President Jair Bolsonaro.

Trump suggests Fed renovations could be fireable offense for Powell

President Donald Trump suggested that a $2.5 billion renovation plan at the Federal Reserve might be sufficient cause to fire Fed Chair Jerome Powell, an escalation of his recent attacks against the central banker.

AI’s antisemitism problem is bigger than Grok

When Elon Musk’s Grok AI chatbot began spewing out antisemitic responses to several queries on X last week, some users were shocked.

Tech and energy giants pour billions to turn Pennsylvania into an AI hub as part of Trump’s tech push

President Donald Trump on Tuesday announced an investment of more than $90 billion from private companies across tech, energy and finance to turn Pennsylvania into a hub for artificial intelligence — a technology that’s expected to upend everything from the economy to health care and education.

Fox News falls in line with Trump’s Epstein plea — but will the rest of MAGA media comply?

The cable news powerhouse has stopped covering the so-called Epstein files, but many other conservative media figures are still heavily scrutinizing the Trump administration’s handling of the situation.

Apple just spent $500 million to source a material that’s critical for iPhones from the US

Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones domestically.

With global sales slumping, Tesla tries to break into a new market

Tesla has started selling cars in India, the world’s most populous country – but at a hefty price tag.

Trump says he’s reached a trade agreement with Indonesia but offers no details

President Donald Trump said Tuesday the administration has reached a trade agreement with Indonesia, but he offered no details, including how comprehensive a deal might be, any possible terms or when any provisions might take effect.

US inflation rebounded in June

US inflation surged in June, as higher prices — including those from tariffs — are packing a bigger punch.

Two tax reporting changes on tap for businesses, freelancers and payment apps like Venmo

The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.

Judge nixes a Biden rule in order to keep medical debt on credit reports

Americans’ unpaid medical bills will remain on their credit reports after a federal judge last week annulled a Biden-era Consumer Financial Protection Bureau (CFPB) rule that would have removed such debt.

Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
Top oversight Democrat sends letter to Fox News demanding answers on edits to Trump’s 2024 Epstein comments

Top Democrats on the oversight committee say Fox presented Trump’s comments about the so-called Epstein files in a way that both misled the public and distorted his position.

Trump’s victory over PBS and NPR ‘bias’ will be ‘devastating’ for rural areas, station leaders say

Public TV stations will be “forced to make hard decisions in the weeks and months ahead,” PBS CEO Paula Kerger said Thursday, after the Senate approved a bill canceling all the federal funding for the network.

Trump’s plan to cut off Russian oil funds could raise prices for everyone

US President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.

Retail sales jumped more than expected last month

Americans are still opening their wallets, even as President Donald Trump’s tariffs start to take a bite.

Copper prices have surged to record highs — and they could jump higher. Here’s why

Global stock markets have largely shrugged off President Donald Trump’s renewed tariff campaign. In commodities markets, however, tariff threats have sent the price of copper soaring to all-time highs — signaling the potential for higher tariff-induced prices for a metal with critical uses across the US economy.

Trump may have broken Wall Street

This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a move crossed a red line. You can’t even joke about that, the Wall Street intellectuals told us — the central bank’s independence is simply too important.

China puts new restrictions on EV battery technology in latest move to consolidate dominance

China has put export restrictions on technologies critical for producing electric vehicle batteries, in a move to consolidate its dominance in the sector that has contributed to the country’s lead in the global EV race.

Trump takes credit for sweet change to Coca-Cola

President Donald Trump announced what could be refreshing news to some Americans on Wednesday: thanks to him, Coke is changing its American recipe.

Canadian retail giant scraps $47 billion bid for 7-Eleven owner

Canadian retailer Alimentation Couche-Tard on Thursday pulled its $47 billion bid to buy Seven & i Holdings 3382.T, citing a lack of constructive engagement by the Japanese retailer.

QAnon shows the staying power of Epstein theories. Trump should know they won’t go away

It’s easy to underestimate the power of online conspiracy theories and the emotions they can conjure — and it seems Trump himself might be doing so now.

Markets could freak out if Trump tries to fire Powell

There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair Powell from the helm of the central bank, as the president has suggested he could do.

Guinness owner Diageo’s CEO is stepping down after two years

Diageo, the world’s biggest spirits maker, announced Wednesday that CEO Debra Crew is stepping down by “mutual agreement” after just two years in the role.

© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us