Podknife - Starbucks bets on a darling of the fast food world by Marketplace Morning Report

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Starbucks bets on a darling of the fast food world

Podcast |: Marketplace Morning Report
Publisher |: Marketplace
Media Type |: audio
Podknife tags |: Business,; Economics,; News & Politics,; Society & Culture
Categories Via RSS |: Business,; News
Publication Date |: Aug 14, 2024
Episode Duration |: 00:07:19

Starbucks has hired Brian Niccol to become its new CEO following a slump in the company’s sales in Q3. Niccol took over Chipotle in 2018, and Chipotle’s stock price has shot up 700% under his tenure. Before that, Niccol led a brand revamp at Taco Bell. We’ll hear more. Then, consumer inflation is easing toward the Federal Reserve’s target, and Montreal makes a bet on nightlife by permitting all-night drinking.

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