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When Howard Schultz returned to be Starbucks CEO for the third time last year, he made it clear he wasn’t staying. Last week, he stepped down, handing over the role to Laxman Narasimhan.
SEATTLE — When Howard Schultz returned to be Starbucks CEO for the third time last year, he made it clear he wasn’t staying. Last week, he stepped down, handing over the role to Laxman Narasimhan.
Provided by Dow Jones By Carol Ryan A year into the worst health crisis in modern history, French Champagne, chocolate novelties and tequila have all shot up consumers' grocery lists. Current trends bode well for liquor stocks, less so for some of the early winners of the pandemic. This time last year, shoppers were panic buying after the World Health Organization declared a global pandemic on March 11. Supermarket shelves were stripped of essentials such as toilet paper, dried pasta, hand sanitizer and canned soup. Staples companies such as Lysol-maker Reckitt ...