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7 Strategic Changes Starbucks’ New Ceo Is Implementing To Boost Sales

Starbucks’ new CEO, Brian Nicсol, has laid out an ambitious strategy to reverse declining sales over the past three quarters and revitalize the company’s growth. While a full recovery plan is underway, Nicсol is starting with key adjustments aimed at improving customer experience and operational efficiency in the U.S. market. 

One core goal in these changes is to serve a personalized drink to each customer in under four minutes—a standard that currently covers only half of Starbucks’ transactions. In addition, the company plans to reduce new store openings and renovations in fiscal 2025, redirecting those resources toward other growth initiatives, according to CFO Rachel Ruggeri.

Here are the seven primary ways Nicсol is setting up Starbucks for success:

  1. Streamlining Mobile Ordering and Payments
  2. To tackle issues with mobile orders cluttering counters and causing delays, Niсcol aims to improve app accuracy, so customers know exactly when their orders are ready. He’s also looking to limit customization options, making mobile orders less complex and easier for baristas to fulfil.
  3. Simplifying the Menu
  4. To speed up service and improve quality, Nicсol plans to reduce menu complexity by focusing on fewer but better options. This will allow baristas to make drinks more consistently and limit the items that don’t meet the four-minute preparation goal.
  5. Enhancing Coffee Shops’ Personal Touch
  6. As part of a “Back to Starbucks” initiative, Nicсol wants to return to the brand’s roots as a “third place” where customers can relax, work, or socialize. This includes updating shop interiors with more comfortable seating, personal touches like serving drinks in ceramic mugs for in-cafe customers and adding warmth and layers to the design.
  7. Reinstating Self-Serve Add-On Bars
  8. Add-on bars with milk and sugar, which were moved behind the counter during the pandemic, will return to their original setup, freeing up barista time and improving customer convenience.
  9. Ensuring Better Staffing
  10. Starbucks is increasing average barista hours to reduce turnover and improve consistency. Niсcol also aims to better align staffing with demand by scheduling appropriately for peak and off-peak hours.
  11. Redefining Marketing
  12. Nicсol is broadening Starbucks’ marketing focus beyond Starbucks Rewards members to appeal to a wider customer base and showcase the brand’s high coffee quality. Promotions will be less discount-driven to ease the workload on baristas.
  13. Removing Surcharge on Milk Alternatives
  14. Starting November 7th, Starbucks will eliminate the surcharge on milk substitutes, allowing customers to save over 10% on some drinks—a change that has been long-requested by customers.
  15. Through these targeted adjustments, Nicсol is working to bring Starbucks back on track, aiming for improved service times, better staff retention, and an enriched in-store experience. This recovery strategy promises to refine the brand’s offerings and build stronger connections with customers.

UAE’s Foreign Trade Hits Record $820 Billion In 2024, Fueled By Strategic Deals

In 2024, the UAE’s foreign trade reached a historic $820 billion (AED 3 trillion), marking a significant achievement for the nation. This milestone was driven by a rise in international trade agreements, with Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, highlighting the pivotal role these partnerships played in the country’s economic growth.

Strong Trade Growth

The UAE’s foreign trade saw a robust 14.6% year-on-year growth in 2024, a stark contrast to global trade growth of just 2%. Sheikh Mohammed credited the nation’s ongoing efforts to strengthen economic ties globally, with a particular emphasis on the role of UAE President Sheikh Mohammed bin Zayed Al Nahyan, who has worked tirelessly to cultivate stronger international relationships.

The Impact Of CEPAs

A key contributor to the UAE’s foreign trade success is the implementation of Comprehensive Economic Partnership Agreements (CEPAs). These agreements, spearheaded by Sheikh Mohammed bin Zayed, added an impressive $36.8 billion (AED 135 billion) to the UAE’s non-oil trade in 2024, marking a 42% increase from the previous year. These agreements are helping to cement the UAE’s position as a global trade hub.

Achieving Ambitious Goals Early

In 2021, the UAE set an ambitious target of reaching $1.1 trillion (AED 4 trillion) in foreign trade by 2031. By the end of 2024, the country had already achieved 75% of this goal, putting it on track to surpass this target well ahead of schedule. This rapid progress reflects the UAE’s strong economic vision and strategic focus on progress over politics.

Exports Surge

The UAE’s exports also saw a significant jump in 2024, rising 32% between January and October compared to the same period in 2023. This performance highlights the strength of the country’s industrial strategy and its growing global market access.

Outlook for 2025

The UAE’s economic outlook remains strong, with the International Monetary Fund (IMF) forecasting 4% growth in 2025, driven by non-oil sectors such as tourism, construction, and financial services.

In conclusion, the UAE’s record-breaking trade figures are a testament to its effective economic strategies and its growing influence in global markets.

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