Starbucks’ shares soared more than 20% after the US-based coffee chain announced it is replacing Chief Executive Laxman Narasimhan to try to reverse declining sales. The company announced that Narasimhan will be replaced by Chipotle Mexican Grill chief Brian Niccol. Under Niccol’s leadership, shares in Chipotle have surged more than 200% in five years. Starbucks … Continue reading Starbucks Shares Surge As New CEO Appointed To Reverse Declining Sales