Starbucks releases new products to destroy rivals and gain fans
Starbucks launches new products to outdo competitors and win over customers.
Since its inception in 1971, Starbucks has been known for its high-quality coffee, which has helped it become the most popular and largest coffee shop globally.
However, over the last few quarters, Starbucks has struggled with continuous sales declines and slower store traffic, prompting it to develop a turnaround strategy to boost sales and regain the market share it once had.
