Starbucks CEO Seeks Support for Ambitious Turnaround Plan Amidst Sluggish Sales

Starbucks' leadership is entering a crucial phase as CEO Laxman Narasimhan gears up to unveil a comprehensive strategy aimed at revitalizing the coffee giant's performance in the face of declining sales. In a pivotal meeting with senior executives, Narasimhan is setting the stage for what he refers to as a “turnaround plan” designed to stabilize the company's financials and restore customer enthusiasm for the brand.

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