Daily Maverick

Starbucks chief Howard Schultz retiring

Howard Schultz, who built a small Seattle coffee shop into the global powerhouse Starbucks, announced Monday that he was retiring from the company after nearly 40 years.

Schultz, who as chief executive and then chairman carved a reputation of being responsive to social and environmental issues as he installed nearly 28,000 Starbucks outlets worldwide, said he will remain with the company as chairman emeritus.

“We did it together, by balancing profitability and social conscience,” he said in a statement. DM

The never-ending story of Eskom bailouts: Mboweni introduces special Bill of billions more
By Marianne Merten
Bad faith, dishonest, biased, reprehensible behaviour, not up to standard, falsehoods — the storm that broke over Mkhwebane
By Pauli Van Wyk
Our job is not to save the ANC from itself
By Mmusi Maimane
Come on Baby, do the Locomotion: Prasa’s too-tall trains under the hammer
By Pieter-Louis Myburgh
Now that the ConCourt has found the Public Protector both dishonest and incompetent, will Parliament axe her?
By Pierre De Vos
By Zapiro
Ten months and counting, VBS looters are still at large
By Ray Mahlaka
The Mkhwebane judgment: Parliament must now do its job
By Professor Balthazar
Home-grown fashion in Cape Town: Vannie Kaap
By Leila Dougan
Glebelands, Part One: Durban’s hostel dwellers the collateral damage as Public Protector fights battles on all fronts
By Vanessa Burger