XM does not provide services to residents of the United States of America.

Starbucks new CEO Niccol to focus on US in first 100 days



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Starbucks new CEO Niccol to focus on US in first 100 days</title></head><body>

Sept 10 (Reuters) -Starbucks SBUX.O new CEO Brian Niccol laid out his plan for the first 100 days on Tuesday, saying he would focus on enhancing customer experience at its stores in the U.S.

Niccol took over from Laxman Narasimhan on Sept. 9 at a time when the coffee chain is tackling weak demand in the U.S. and China.

He said in an open letter that he would focus on the U.S. initially by improving supply chain and further developing its app and mobile ordering platform.

"In some places — especially in the U.S. — we aren't always delivering. It can feel transactional, menus can feel overwhelming, product is inconsistent, the wait too long or the handoff too hectic. These moments are opportunities for us to do better," he wrote.

About its business in China, the former CEO at burrito chain Chipotle Mexican Grill CMG.N said Starbucks needed to understand its path to capture growth.

Niccol said Starbucks would work to "dispel misconceptions" about the brand in the Middle East as Western brands take a hit from a spontaneous boycott campaign linked to the Gaza war.



Reporting by Juveria Tabassum in Bengaluru; Editing by Arun Koyyur

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.