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.
In the US, it is mediocre. I wouldn’t say it is terrible and if I am in a different city that lacks local shops, I’ll get it. But it is definitely not my first or even 10th choice. And no, the light and medium blends do taste burnt like everyone and their mother thinks it is cool to say. Those people are almost certainly getting dark roast.
Luckily I live in Seattle and have no issue finding good roasters and cafés that are not anti union.