- Starbucks CEO said that the company had not seen an impact on sales following backlash over the arrests of two black men at a Philadelphia store.
- The company is closing all 8,000 locations for an afternoon in May for “racial-bias education” training, which will likely cost Starbucks millions of dollars in lost sales.
- “All companies make mistakes,” Starbucks CEO Kevin Johnson said Thursday. “Great companies learn from them and improve.”
Boycotts and protests following the arrests of two black men at a Philadelphia Starbucks haven’t impacted sales, according to the company’s CEO.
“We are not seeing an impact on comp sales becuase of Philadelphia,” CEO Kevin Johnson said in a call with investors on Thursday.
Following the arrests and backlash, Starbucks announced…