Howard Schultz endorses Clinton for president

hillary clinton

Starbucks CEO Howard Schultz has endorsed Hillary Clinton for the next U.S. president, according to CNNMoney.

"I think it's obvious Hillary Clinton needs to be the next president,” Schultz told CNN’s Poppy Harlow on Wednesday during a conference held by CNNMoney, citing Clinton’s professional and personal experience.

Though some last year speculated that Schultz himself might make a run for the White House, he confirmed to Harlow that such plans aren’t currently in the works, noting that “this is not the right time.”

Underscoring his interest in politics, Schultz earlier this year sent a memo to Starbucks’ U.S. employees that encouraged them to vote and directed them to a branded site where they could register.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

Despite their complaints, customers keep flocking to Chipotle

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Trending

More from our partners