Schultz said he did a "cartwheel in my living room" when he heard Niccol's turnaround plan for the coffee chain.

Starbucks is replacing its CEO, Laxman Narasimhan, with Chipotle’s CEO, Brian Niccol, beginning in September. Starbucks announced Tuesday it was replacing its CEO .

Starbucks has launched a major redesign project that is aimed at making their famous coffee houses cozier. CEO Brian Niccol announced the redesign as part of the company's "Back to Starbucks" plan.

NEW YORK — Expect to see fewer promotions at Starbucks.. The coffee chain is scaling back promotional offers through its mobile app to get customers to pay full price for its coffees and teas ...