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- Schultz faced numerous challenges in his early years at Starbucks, including resistance from the company’s founders and a lack of support from the financial community. However, he remained committed to his vision for Starbucks and worked tirelessly to turn the company into a global brand.
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Nov 4, 2022 · Instead, four years after retiring and three since his abortive presidential campaign, he is back for a third shift as Starbucks’ chief executive and facing a daunting set of challenges.
- Andrew Edgecliffe-Johnson
Thus, Starbucks confidently solved two key challenges: financial stability and understanding its customers. To save Starbucks, Schultz had to implement several tough decisions. To optimize costs, the company closed 600 stores in 2008, and another 300 in 2009.
Sep 22, 2014 · On January 8, 2008, Howard D. Schultz returned as CEO of Starbucks after a gap of eight years, replacing Jim Donald. Schultz had nurtured the company since 1982 when it had only four outlets.
Jun 7, 2024 · In 2008, amid a declining economy and internal challenges, Starbucks was struggling badly. Schultz then returned as CEO, and one of his first actions was to close all U.S. stores for a day to retrain baristas on the art of making espresso.
- Peter Westberg
Howard Schultz is a transformative leader who built Starbucks over four decades into one of the world’s most recognized and respected businesses, a company committed to strengthening communities through human connection and innovation.
Oct 24, 2013 · So how did Schultz take Starbucks from a small chain—six stores as of 1984—to world domination: 18,000 stores in 60 countries, generating $13 billion in sales? First, he quit.
Jun 11, 2022 · Mr. Schultz, the chief executive of Starbucks, discussed the challenges he’s faced since returning to lead the company as it faces rising worker discontent and China’s ever-increasing...
