Starbucks CEO asks employees to be 'sensitive' to customers amid stock market tumult
Probably worried that people would be using the free WiFi to check their 401(k)s, Starbucks CEO Howard Schultz sent an email out Monday to 190,000 employees asking them to show sensitivity to patrons who might be feeling "anxiety and concern" over the plummeting stock market.
"Today's financial market volatility, combined with great political uncertainty both at home and abroad, will undoubtedly have an effect on consumer confidence and perhaps even our customers' attitudes and behavior," he wrote. He implored his team to be "very sensitive to the pressures our customers may be feeling, and do everything we can to individually and collectively exceed their expectations."
Schultz has launched campaigns in the past with the goal of improving society, including the maligned "Race Together" initiative that was meant to get customers and baristas talking about racial matters.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
A Man on the Inside: Netflix comedy leaves you with a 'warm fuzzy feeling'
The Week Recommends Charming series has a 'tenderness' that will 'sneak up' on you
By The Week UK Published
-
Bread & Roses: an 'extraordinarily courageous' documentary
The Week Recommends Sahra Mani's 'powerful' film examines the lives of three Afghan women under the Taliban
By The Week UK Published
-
V13: a 'marvelous and terrifying' account of the Bataclan terror trials
The Week Recommends Emmanuel Carrère's work is 'absolutely gripping'
By The Week UK Published
-
US charges Indian tycoon with bribery, fraud
Speed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
By Peter Weber, The Week US Published
-
Boeing machinists approve contract, end strike
Speed Read The company's largest union approved the new contract offer, ending a seven-week strike
By Peter Weber, The Week US Published
-
US economy still strong in final preelection report
Speed Read It grew at a solid 2.8% annual rate from July through September
By Peter Weber, The Week US Published
-
Boeing machinists reject deal, continue strike
Speed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
By Peter Weber, The Week US Published
-
Ports reopen after dockworkers halt strike
Speed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
By Peter Weber, The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published