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.

    • @[email protected]
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      fedilink
      33 months ago

      Same thing goes for tea. Lipton is super bitter. Imported teas from london don’t get bitter regardless of how long they are steeped. They actually taste and smell galaxies different than that “generic bitter tea smell” that much of the world is conditioned to.

      • Flying Squid
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        23 months ago

        As the son of a Londoner (but in the U.S.), I agree 100%. That said, I’ve switched to Irish teas because they’re stronger.