Starbucks shares surged on new CEO's plan, but declining sales and high valuation pose risks to the company's future ...

Mike Grams was named North America chief stores officer while Meredith Sandland was named chief store development officer.

CEO Brian Niccol said the company is changing the operating model for its retail team, which led to the shake-up.

Starbucks analysts are optimistic about turnaround efforts after the coffee retailer reported strong Q1 earnings.

Starbucks Corp. (Nasdaq: SBUX) CEO Brian Niccol is once again shaking up the coffee giant's C-suite, and he's bringing more ...

Starbucks is following through on its commitment ... restore confidence in our brand and return the business to sustainable, long-term growth," he said. In their effort to realign its coffee ...

Jan 28 (Reuters) - Starbucks (SBUX.O), opens new tab announced ... Valdez chose to leave their positions after the new operating model was laid out. Both Trilling and Valdez have agreed to assist ...