(Boursier.com) — Starbucks is not in a formal process of selling its UK business, said a spokesperson for the American group after the ‘Times’ newspaper reported earlier that the coffeehouse chain “was exploring a potential sale“.
The group has also confirmed that Howard Schultz will remain its interim CEO until March 2023 pending the search for a permanent successor… The interim manager had indicated that the chain’s next boss cafes would be “external to the company”: “for the future of the business, we need an area of experience and expertise in a number of disciplines that we do not currently have”, explained H.Schultz.
Whoever takes the reins will inherit a company still recovering from the pandemic, particularly in China, and facing a growing effort by baristas to unionize in the United States. The group recently announced that it would raise the salaries of its permanent employees and double its training efforts for new employees.in order to respond to the desires of its baristas to create unions…
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