Starbucks Shifting Return-to-Office Policy to 4 Days
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Starbucks CEO Brian Niccol said the coffee giant will require many of its employees to work out of office for a minimum four days a week, from the current three, as part of a new policy expected to kick in later this year.
Starbucks remains the world’s largest coffee chain, but the Seattle-based company has reported five straight quarters of declining sales at U.S. stores open at least a year, amid growing competition from independent and national coffee retailers, and as consumers cut back on discretionary spending.
The changes come after Starbucks took a hit when its baristas went on strike before Christmas, global sales dropped and waiting times in stores grew longer.
There will also be numerous power outlets, “Too many to count,” a spokeswoman told RB. During the post-pandemic world, instead of replacing broken power outlets during remodels, it covered them up. This led to customers feeling frustrated and not wanting to work at shops because they could not charge their laptops.
Starbucks Coffee Co. is in permitting review for a shop in Bank of America Tower, which would bring the national retailer back to Downtown Jacksonville, according to the Jacksonville Daily Record.
Starbucks CEO Brian Niccol announced a significant change to its hybrid work policy that will affect hundreds of employees
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(Reuters) -Starbucks CEO Brian Niccol earned a reputation on Wall Street as a miracle worker for wounded restaurant brands like Taco Bell and Chipotle. Nine months into his Starbucks tenure, investors are unsure if lightning will strike a third time.
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