#turnaround-plan

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fromFortune
1 day ago

Wells Fargo was reeling from scandal. Jamie Dimon protege Charlie Scharf bet his career on saving the 173-year-old bank | Fortune

At the time, Wells had been laboring under a regulatory crackdown unleashed by the cataclysm that blackened the formerly burnished Wells name, the heavily publicized scandal revealing that the bank had bilked millions of customers by creating fake and unneeded accounts at its branches. That culminated in a draconian penalty imposed by the Federal Reserve: a hard limit on its total assets that essentially blocked Wells from raising the deposits that form the lifeblood of banking.
Business
LA food
fromBusiness Insider
2 months ago

Sweetgreen is betting on bigger portions and better taste to get customers back in the door

Sweetgreen is implementing a turnaround plan due to disappointing financial results, including portion increases and new pricing strategies.
#ebusco
Coffee
from24/7 Wall St.
5 months ago

Starbucks Makes Baristas Change Their Clothes

Starbucks CEO Brian Niccol has introduced a new dress code and streamlined the menu to revitalize company performance.
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