Starbucks sales miss points to slow turnaround under new CEO Niccol

Starbucks is trying to stage a comeback after an uncharacteristic streak of same-store sales declines over the past year and a half. Chief Executive Officer Brian Niccol, who took the helm in September, is betting he can give the US business a jolt by cutting down wait times, revamping the menu and remodelling stores to bring back seating.

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