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.

  • Capt. Wolf
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    111 month ago

    Starbucks is sugary, trash water. Brew your own coffee at home. Costs way less, tastes much better, and it’s significantly healthier compared to the flavored milk they sell.

    • quicklime
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      41 month ago

      Meanwhile, what they serve at Chipotle is not worth even half of what they charge for it.

      • @[email protected]
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        31 month ago

        Yeah both these companies have been run into the ground in my opinion. They’re just coasting on inertia at this point.

    • @jwt
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      31 month ago

      But if I brew my own coffee at home, how will people know I’m writing a screenplay?

      • Capt. Wolf
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        1 month ago

        In my experience, anyone I’ve ever known who is earnestly writing a book or a screenplay doesn’t shut up about it, regardless of whether they go to Starbucks or not.

    • @[email protected]
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      21 month ago

      And if you make cold brew in advance, it’s saves a lot of time in the morning. It’s even good heated up in the microwave, but I drink it iced year round.