Starbucks Loses Millions of Customers Amid Operational Woes
Starbucks reported a sharp decline in sales and profits for the second quarter of fiscal 2024, reflecting the loss of tens of millions of customers from the coffee giant. The company’s Q2 results showed: Founder Calls for Course Correction The disappointing results prompted a stern rebuke from Starbucks founder and former CEO Howard Schultz. In a LinkedIn post,…