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Starbucks' new chief treats store complexity as the core turnaround problem

The company does not have a coffee problem so much as a SKU, labor, and square-footage problem.

Marcus ChenLeadership & Policy Correspondent
Leadership meeting in a modern boardroom

Leadership meeting in a modern boardroom

SEATTLE — The company does not have a coffee problem so much as a SKU, labor, and square-footage problem.

The new CEO is cutting drink modifications and asking operators for a simpler peak-hour ticket — a cultural change dressed up as a menu change, which is why the union fight is still in the room.

Marcus Chen

Leadership & Policy Correspondent

Follows Fortune 500 succession, boards, and the labor bargains reshaping corporate America.