Starbucks Faces Rocky Brew - Revenue Dips, Competition Heats Up

Starbucks Faces Rocky Brew - Revenue Dips, Competition Heats Up

Starbucks is stumbling as it faces a 1.8% revenue drop in Q1 2024. Consumers are tightening their belts, impacting not just Starbucks but the broader fast food industry. Former CEO Howard Schultz emphasizes the need to focus on customer experience and improve the mobile app. Meanwhile, Starbucks' expansion in China faces hurdles due to tough competition. Will Schultz make a comeback, or will the new CEO steer the company through these choppy waters? Only time will tell.

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