McDonald’s reports a surprising 1% drop in global same-store sales, driven by economic uncertainty and weak consumer confidence. The U.S. market saw a 3.6% decline, the worst since 2020, prompting the chain to expand its value menu.
Starbucks CEO Brian Niccol is implementing significant changes to streamline operations, from dropping menu items to addressing union concerns. Amid layoffs and a focus on diversity, can these moves restore the brand's former glory?
Starbucks CEO announces layoffs of 1,100 corporate employees to boost efficiency and sales. Changes in store experience and menu planned.