{"id":17191,"date":"2026-01-30T10:46:56","date_gmt":"2026-01-30T10:46:56","guid":{"rendered":"https:\/\/microvibenews.com\/?p=17191"},"modified":"2026-01-30T10:46:56","modified_gmt":"2026-01-30T10:46:56","slug":"down-arrow-button-icon-102","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=17191","title":{"rendered":"Down Arrow Button Icon"},"content":{"rendered":"

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Good morning.<\/strong> Starbucks is heating up. Earlier this week, the coffee store company reported its first U.S. quarterly comparable sales increase in two years, helped by CEO Brian Niccol\u2019s focus on efficient operations, consistency in service, more appealing stores and a streamlined menu that still manages to introduce new items often enough to keep people interested.<\/p>\n

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\u201cThe shine is back,\u201d Niccol crowed on Thursday in Manhattan at his first Starbucks investor day. While even he admits it\u2019s too early to cry victory, he does deserve credit for getting this challenging turnaround off the ground. He did so by offering the troops, from your local barista to his C-suite, something whose absence has sunk comeback attempts by other CEOs: clarity of mission and simplicity.<\/p>\n

That discipline extends to Starbucks\u2019 $8 billion international business. Starbucks International CEO Brady Brewer told me that the vast majority of the 20,000 or so new stores it wants to add abroad in coming years will be in those markets where it is already present and thriving, rather than new ones.<\/p>\n

Niccol has dubbed his turnaround \u201cBack to Starbucks.\u201d That means going back to what made Starbucks popular in the first place. People like being able to actually sit down and enjoy their coffee? Let\u2019s jettison the seat-free Starbucks locations that existed solely for mobile order pickup. (The company is adding 25,000 seats to its company-operated U.S. stores.)\u00a0<\/p>\n

How about store design? When it comes to creating new store layouts, Starbucks now designs with store workers and not just for them. Starbucks now tests new ideas in five stores in real operating conditions. (We\u2019ve all been at a chaotic Starbucks watching employees bump into each other because HQ gave them an unworkable layout.)<\/p>\n

Another example: under Niccol, each store is graded on the five most important criteria, a fraction of the metrics used before: customer experience, performance during peak hours, employee scheduling, product availability, and health and safety.\u00a0<\/p>\n

Niccol has a reputation for succinctly communicating what needs to be done, simplifying processes and making clear what comes next after each step in the turnaround. It\u2019s a playbook familiar to those who saw how he rehabilitated Chipotle Mexican Grill following food safety disasters. He was methodical in how to repair the damage and earn back the trust of customers and workers before going on offense. By the time he was done, Chipotle sales had doubled.\u00a0<\/p>\n

Too many turnaround attempts see a CEO throwing spaghetti at the wall in the hopes something will work, further confusing the rank and file and sapping their confidence in management. When you look at the nascent Starbucks turnaround and the return to form of brands like Ralph Lauren and Bloomingdale\u2019s, you see a common thread: The CEO provides a clear direction, gives frequent updates and \u201cproof\u201d the plan is working, and continually looks ahead to the next step.<\/p>\n

\u201cBack to Starbucks reconnects us with our core. It gives us a platform to build the best of Starbucks with clarity, confidence and purpose,\u201d Niccol said. So far, his approach is working.<\/p>\n

Contact CEO Daily via Diane Brady at diane.brady@fortune.com<\/em><\/p>\n

Top leadership news<\/h3>\n

Apple exceeds earnings estimates<\/b><\/p>\n

Apple <\/span>blew out<\/span> earnings estimates with $143.8 billion in revenue, up 16% year-over-year, driven by strong iPhone sales. Despite that, the company\u2019s stock rose less than 1% in after-hours trading as leaders said little about AI prospects.\u00a0<\/span><\/p>\n

BlackRock pushes deeper into alternative markets<\/b><\/p>\n

BlackRock <\/span>announced<\/span> that it will start sharing a portion of the profits from its private markets funds with select senior executives, which could generate multi-million payouts over the next decade based on performance. The move underscores the firm\u2019s push into alternative assets and its strategy to retain and attract top private markets talent.<\/span><\/p>\n

The emergence of \u2018new-collar\u201d jobs<\/b><\/p>\n

Sue Duke, LinkedIn\u2019s head of global public policy and managing director for EMEA, e<\/span>stimates that <\/span>\u201c70% of the average skill set of the average job will have changed by 2030.\u201d<\/span> \u201cNew-collar\u201d jobs that mix human skills with AI proficiency, on the other hand, are a bright spot in an otherwise sluggish job market. <\/span><\/p>\n

The markets<\/h3>\n

S&P 500 futures<\/b> are down 1.03% this morning. The last session closed down 0.13%. <\/span>STOXX Europe 600<\/b> was up 0.37% in early trading. The U.K.\u2019s <\/span>FTSE 100<\/b> was up 0.11% in early trading. Japan\u2019s <\/span>Nikkei 225<\/b> was down 0.09%. China\u2019s <\/span>CSI 300<\/b> was down 1.0%. The South Korea<\/span> KOSPI<\/b> was up 0.06%. India\u2019s <\/span>NIFTY 50<\/b> was down 0.39%. <\/span>Bitcoin<\/b> was at $82K.<\/span><\/p>\n

Around the watercooler<\/h3>\n

Landmark crypto bill clears Senate hurdle but Democrats withhold support over lack of \u2018gryfto\u2019 rules to prevent Trump family conflicts of interest<\/span> by Leo Schwartz<\/span><\/p>\n

Remove Tesla\u2019s non-repeatable profits, and the stock has never been more expensive\u2014now boasting a \u2018core\u2019 PE of 632<\/span> by Shawn Tully<\/span><\/p>\n

$38 trillion national debt finds Democratic, Republican supermajority as watchdog sees \u2018a major problem for America\u2019s economic future\u2019<\/span> by Nick Lichtenberg<\/span><\/p>\n

Top engineers at Anthropic, OpenAI say AI now writes 100% of their code\u2014with big implications for the future of software development jobs<\/span> by Beatrice Nolan<\/span><\/p>\n

Microsoft\u2019s $440 billion wipeout, and investors angry about OpenAI\u2019s debt, explained<\/span> by Eva Roytburg<\/span><\/p>\n

CEO Daily is compiled and edited by Joey Abrams, Claire Zillman and Lee Clifford.<\/p>\n<\/div>\n

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