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Starbucks Faces Declining Sales and Customer Dissatisfaction

New CEO Brian Niccol aims to revitalize the brand amid falling sales and operational challenges.

  • Starbucks has experienced a significant drop in sales, with U.S. transactions down 10% over the past year.
  • CEO Brian Niccol, formerly of Chipotle, is tasked with reversing the company's fortunes but faces skepticism over his initial strategies.
  • Critics point to Starbucks' lack of menu innovation and high prices as factors in its declining popularity.
  • Baristas report increased stress due to complex orders and poor working conditions, leading to unionization efforts.
  • Despite efforts to improve, Starbucks struggles to compete with local coffee shops offering more authentic experiences.
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