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May 7, 2024

Schultz says Starbucks needs to refocus as sales struggle

By DEE-ANN DURBIN
AP Business Writer

Former Starbucks CEO and founder Howard Schultz says the company's leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales.

In a LinkedIn post published over the weekend, Schultz said many people had reached out to him after Starbucks reported weaker-than-expected quarterly sales and earnings last week.


 
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