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☆ Howard Schultz wants Starbucks to fix its American business
▼ + stars: | 2024-05-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Former Starbucks CEO Howard Schultz might have left the coffee giant several months ago, but he’s still offering critiques of the company he ran for about 25 years over three stints. The answer does not lie in data, but in the stores,” Schultz wrote. Laxman Narasimhan, Starbucks’ current CEO who Schultz helped pick, reported a “disappointing” quarter in its second-quarter earnings last week. The company experienced a decline in same-store sales for the first time since 2020 and slashed its full-year sales outlook. Narasimhan vowed to turn the business around by including an update to its app and mobile and payment offerings, improving service times and rolling out revamped menu items to lure customers back.

Persons: Howard Schultz, he’s, Schultz, ”, ” Schultz, “, Laxman Narasimhan, Narasimhan Organizations: New, New York CNN, Starbucks, National Labor Relations Board Locations: New York, United States, China

☆ Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's
▼ + stars: | 2024-05-01 | by ( Amelia Lucas | ) www.cnbc.com time to read: +5 min

Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC also reported shrinking same-store sales. Starbucks said bad weather dragged its same-store sales lower. Wingstop , Wall Street's favorite restaurant chain, reported its U.S. same-store sales soared 21.6% in the first quarter. This marks the second consecutive quarter that Burger King reported stronger U.S. same-store sales growth than McDonald's.

Persons: It's, McDonald's, it's, Taco Bell, January's snowstorms, we've, Ian Borden, Wall, International's Popeyes, Chris Kempczinski, Laxman Narasimhan, Narasimhan, David Gibbs, Taco, Yum, Burger, – Organizations: Starbucks Workers, D.C, Starbucks, KFC, Yum Brands, Taco, Bureau of Labor Statistics, Taco Bell, Brands Locations: Dupont Circle, Washington, Pizza, U.S, Australia, Canada, Germany, Japan, Taco

☆ Starbucks, Workers United made 'significant progress' in this week's contract talks
▼ + stars: | 2024-04-26 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and Writers Guild of America (WGA) members in solidarity outside Netflix studios on July 28, 2023 in Los Angeles, California. Starbucks and Workers United, which represents roughly 500 of its cafes, said Friday in a joint release that they made "significant progress" in their contract talks this week. The two-day session marked the first time in nearly a year that Starbucks and Workers United came to the bargaining table. Workers United has broadly pushed for higher wages and more consistent scheduling, among a range of other priorities. After a year, workers who lose faith in the union can petition to decertify, putting a ticking clock on negotiations.

Persons: there's Organizations: SAG, Guild of America, Netflix, Starbucks, Workers United, Service Employees International Union, SEIU . Workers United Locations: Los Angeles , California, Atlanta

☆ Starbucks resumes bargaining with union after two sides thaw relationship
▼ + stars: | 2024-04-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Store agreements will be negotiated and ratified separately, but the union might make proposals that could affect all of the Starbucks workers it represents. Workers United has broadly pushed for higher wages and more consistent scheduling, among a range of other priorities. Citing unfair labor practices by Starbucks, the labor board has denied 18 other petitions to decertify. Starbucks argued that other agencies seeking injunctions have a higher threshold to receive one than the labor board does. Starbucks could share more about the union negotiations during its quarterly earnings call.

Organizations: Starbucks, Workers United, National Labor Relations Board, Service Employees International Union, NLRB, International Brotherhood of Teamsters Locations: U.S, Pittsburgh, Memphis

☆ Supreme Court to Hear Starbucks Challenge to Labor Ruling
▼ + stars: | 2024-04-23 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

The Supreme Court is set to hear Starbucks’s challenge on Tuesday to a federal judge’s order to reinstate workers who were attempting to unionize a store in Memphis. Starbucks is asking the court to make it harder for the National Labor Relations Board to obtain intervention by judges in cases where a company is accused of violating labor law. Starbucks, which has faced hundreds of accusations of labor law violations across the country, argues that there is a patchwork of standards under which the N.L.R.B. The appellate court in this case, the U.S. Court of Appeals for the Sixth Circuit, applies a lower standard, and Starbucks is pushing the Supreme Court to apply a more strict, uniform standard that is in line with other circuits. Starbucks Workers United, the union representing the company’s workers, filed an unfair labor practice charge over the firings, arguing that the company selectively enforced the rules against organized workers.

Organizations: National Labor Relations Board, Starbucks, U.S ., Appeals, Sixth, Starbucks Workers United Locations: Memphis

☆ Starbucks stock is cheap. Here's why we're not planning to buy more of it yet
▼ + stars: | 2024-03-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

Investors have lost their taste for Starbucks stock as the company faces headwinds in key markets across the globe. SBUX .SPX YTD mountain Starbucks' year-to-date stock performance compared with the S & P 500. At this point, the question is whether the possibility of a weak quarter and lowered guidance are already priced into Starbucks' stock. In light of the report, we lowered our price target on Starbucks stock to $115 per share from $125, but maintained our 1 rating. A Starbucks logo is seen as members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle, Washington, D.C., on Nov. 16, 2023.

Persons: Jeff Marks, Michael Conway, Brady Brewer, Laxman Narasimhan, it's, Rachel Ruggeri, Morgan Stanley, reshuffling, Wells, Jim Cramer's, Jim Cramer, Jim, Kevin Dietsch Organizations: Down, North, Starbucks International, Starbucks, Deutsche Bank, CNBC, Starbucks Workers, D.C, Getty Locations: U.S, China, Israel, North America, America, Europe, Starbucks China, Wells, Starbucks, Dupont Circle, Washington

☆ Middle East Crisis Israeli’s Military Turns Back Convoy Trying to Get Food Into Gaza, U.N. Agency Says
▼ + stars: | 2024-03-06 | by ( Anushka Patil | ) www.nytimes.com time to read: +3 min

Starbucks franchise operators across the Middle East and Southeast Asia are losing significant business amid boycotts linked to the Israel-Hamas war, and at least one has started laying off employees. “I think all those who are boycotting Starbucks Malaysia should know that it is a Malaysia-owned company,” he said. A similar post was published on the site for Starbucks in the Middle East. In January, Starbucks cut its global annual sales forecast as the Israel-Hamas war hurt the business of its licensees in the Middle East. Starbucks said it would continue to grow its business in the Middle East, including working with Alshaya Group in developing plans for the region.

Persons: Vincent Tan, ”, Laxman Narasimhan, Howard Schultz Organizations: Starbucks, Alshaya, Hamas, Food Berhad, Starbucks Malaysia, Alshaya Group Locations: East, Southeast Asia, Israel, Kuwait, North Africa, United States, Malaysia

☆ Starbucks Franchise Lays Off Workers in Mideast Amid Gaza-Tied Boycotts
▼ + stars: | 2024-03-05 | by ( Liz Alderman | ) www.nytimes.com time to read: 1 min

Starbucks franchise operators across the Middle East and Southeast Asia are losing significant business amid boycotts linked to the Israel-Hamas war, and at least one has started laying off employees. Alshaya Group, a Kuwait-based franchise operator that owns the rights to operate Starbucks in the Middle East, confirmed on Tuesday that it planned to cut 2,000 jobs across the region “as a result of the continually challenging trading conditions over the last six months.”Alshaya Group, which operates over 1,900 Starbucks shops in the Middle East and North Africa that employ 19,000 workers, said in a statement that it would provide affected employees and their families with “the support they need.”The cuts added to drama playing out in the United States, where Starbucks management and a union of Starbucks workers sued each other after the union expressed solidarity with Palestinians.

Persons: ” Organizations: Starbucks, Alshaya, ” Alshaya Locations: East, Southeast Asia, Israel, Kuwait, North Africa, United States

☆ Labor unions end proxy fight at Starbucks after bargaining progress
▼ + stars: | 2024-03-05 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Steph Kronos, a pro-Union activist, tries to talk to Starbucks customers as she joins Starbucks workers, former employees, and supporters in holding signs in support of a strike, outside of a Starbucks store in Arlington, Virginia, on November 16, 2023. A group of labor unions said on Tuesday it was ending its proxy fight at Starbucks, after the two sides agreed last week to work toward a "foundational framework" on collective bargaining. The group said it thought shareholders were "optimistic" about a "good faith" effort by Starbucks to "repair its relationship with its workers." It was the first time that a labor union — typically opposed to activist campaigns — had drawn on the activist toolkit. The SOC hired well-respected communications, legal and proxy advisors who have worked on behalf of major activists and hedge funds.

Persons: Steph Kronos, Glass Lewis, — Organizations: Union, Starbucks, Company, Strategic, Center, Services, SOC Locations: Arlington , Virginia

☆ Starbucks to hike wages for union workers as it thaws relationship with Workers United
▼ + stars: | 2024-02-27 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

A Starbucks logo is seen as members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle, Washington, D.C., on Nov. 16, 2023. The wage increases are a sign of good faith from Starbucks toward Workers United, an affiliate of the Service Employees International Union that has organized more than 300 company-owned Starbucks locations. Starbucks and Workers United said they have agreed to start discussions "on a foundational framework" on how to reach collective bargaining agreements for stores. The announcement marks the most noticeable thawing in the two parties' relationship since the first Starbucks location unionized in December 2021. Starbucks also said Tuesday that it would provide unionized cafes with credit card tipping, a benefit that has been available in nonunion stores for more than a year.

Persons: Howard Schultz, Laxman Narasimhan Organizations: Starbucks Workers, D.C, Workers United, Service Employees International Union, Workers, Starbucks, CNBC PRO Locations: Dupont Circle, Washington

☆ Starbucks to begin talks with Workers United union
▼ + stars: | 2024-02-27 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —Starbucks said Tuesday it will begin talks with the Workers United union to discuss bargaining agreements and union organizing. Starbucks also said it is using the framework to begin to resolve litigation related to partner benefits announced in May 2022 and the use of the Starbucks brand in an intellectual property lawsuit. “As a sign of good faith, Starbucks has agreed to provide partners represented by Workers United with the May 2022 benefits, including credit card tipping,” the statement said. In November, thousands of Starbucks workers at hundreds of stores went on strike, protesting the lack of their first contract despite a nearly two-year organizing drive. Since the first location voted to unionize in December 2021, Starbucks has fought aggressively against the union drive.

Persons: – CNN’s Danielle Wienner, Bronner Organizations: New, New York CNN, Starbucks, Workers United, NLRB Locations: New York

☆ Has Starbucks Surpassed Amazon as the Villain of Big Labor?
▼ + stars: | 2024-02-23 | by ( Ginia Bellafante | ) www.nytimes.com time to read: +2 min

For more than a year, Felix Santiago has worked as a barista at a Starbucks near Times Square, and for about half that time he loved it. It was easy to swap shifts, easy to pick up new ones, easy to get along with supervisors who were largely accommodating. His rent, $1,000 a month, for a room in a Bronx apartment, was no longer manageable, he said, so he began bouncing around from sofa to sofa, from friend’s place to friend’s place. “I don’t have to tell you that Starbucks workers get our city moving every morning,” he wrote. “Their city stands with them in their push for fair conditions and workers’ rights.”But what did that mean in practice?

Persons: Felix Santiago, Mr, Santiago, Eric Adams, ”, “ Organizations: Starbucks, Local, Service Employees International Union, City, Department of Consumer and Worker, Workweek Law Locations: Times, Bronx

☆ Labor coalition accuses Starbucks of 'flawed' union strategy, risking shareholder value
▼ + stars: | 2024-02-20 | by ( Kate Rogers | ) www.cnbc.com time to read: +8 min

The coalition is pushing to replace three current Starbucks board members with its own nominees. The SOC proxy presentation claims the company's board has backed what it calls an "unnecessarily confrontational" strategy with the union. Starbucks said it has not only a new CEO, but with these additions, it has added five new board members in the past year. The proxy presentation targets three current Starbucks board members: Ritch Allison, Andy Campion and Jørgen Vig Knudstorp. Allison, Campion and Knudstorp, specifically, provide "continuity and highly-valuable unique perspectives," the Starbucks presentation said.

Persons: Baristas, Nielsen, Maria Echaveste, Joshua Gotbaum, Wilma Liebman, Daniel Servitje, Neal Mohan, Mike Sievert, Ritch Allison, Andy Campion, Jørgen Vig Knudstorp, Allison, Campion, Knudstorp, Wendy's, Narasimhan Organizations: Starbucks, CNBC, Organizing Center, U.S . Securities, Exchange Commission, National Labor Relations Board, NLRB, Starbucks Corporation, Siren Retail, Service Employees International Union, Starbucks Workers United, Communications Workers of America, United Farm Workers of America, Chipotle, Darden, Restaurant Brands, Yum Brands, White House, Hawaiian Airlines, White, Grupo Bimbo, YouTube, Mobile, SEC Locations: Buffalo, Arlington , Virginia, China, U.S

A federal labor law judge has ordered Starbucks to reinstate a high-profile labor organizer and barista who resigned in 2022 after the coffee giant repeatedly ignored her scheduling requests. In a decision dated Tuesday, an administrative law judge with the National Labor Relations Board ruled that Starbucks compelled Jaz Brisack to resign. Brisack helped lead the unionization of a Starbucks store in downtown Buffalo, New York, in late 2021. It was the first company-owned Starbucks store to unionize in the U.S. in decades. After the successful union election at her store, Brisack began working full-time for Workers United, the union organizing Starbucks workers.

Persons: barista, Jaz Brisack, Brisack, ” Brisack, Robert Ringler, Ringler, weren’t Organizations: Starbucks, National Labor Relations Board, Workers United Locations: Buffalo , New York, U.S, New York, unionizing

☆ McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while
▼ + stars: | 2024-02-05 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

McDonald's and Starbucks , two of the biggest U.S. restaurant companies, both said the Israel-Hamas war hurt their sales at the end of last year. Shares of McDonald's fell 4% in morning trading Monday, several hours after it reported that a sales slowdown in the Middle East contributed to its fourth-quarter revenue miss. Starbucks CEO Laxman Narasimhan said Tuesday that the company's sales in the Middle East struggled, but boycotts also hurt its U.S. cafes. Unlike Starbucks, McDonald's did not note any effect on its U.S. sales. Yum Brands is scheduled to report its quarterly results on Wednesday, while Restaurant Brands is slated to share its earnings on Feb. 13.

Persons: Laxman Narasimhan, McDonald's, Cowen, Andrew Charles, Chris Kempczinski, Kempczinski, Papa John's, Burger Organizations: U.S, Starbucks, Starbucks Workers, Workers United, McDonald's, Yum Brands, Restaurant Brands, CNBC PRO Locations: Tel Aviv, Israel, Gaza, Malaysia, Indonesia, France, Europe

Unions commanded big headlines last year, but that didn’t translate into higher membership rates, according to government data released Tuesday. That showed little movement from 2022, when 10.1% of workers were union members. Despite U.S. polls showing growing enthusiasm for unions, membership rates have been on a decades-long decline. Men had a higher union membership rate last year, at 10.5%. And Black workers have a higher union membership rate, at 11.8%, than white workers, at 9.8%.

Organizations: U.S . Bureau of Labor Statistics, Hollywood, Workers, Starbucks, U.S, of Labor Statistics Locations: Vegas, U.S

☆ An upgrade, a 'top pick' and a potential deal: 3 of our stocks make news Tuesday
▼ + stars: | 2024-01-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

We're taking a closer look at a few of our stocks in the headlines on Tuesday: Starbucks, Constellation Brands and Walt Disney. The firm said it is looking beyond the current quarter, noting that Starbucks is "underearning vs its potential." Constellation Brands News: Bernstein named Constellation Brands its top pick for 2024 in a Tuesday research note. That's why a potential partnership that would give equity ownership of ESPN to a professional sports league would be so interesting. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Walt Disney, Morgan Stanley, Bernstein, Jim, Bob Iger, Wells Fargo, Nelson Peltz, Jim Cramer's, Jim Cramer, Spencer Platt Organizations: Starbucks, Constellation Brands, Walt, Modelo, Disney, ESPN, National Football League, New York, NFL Media, NFL Network, Players Association, NFL, Netflix, CNBC, People, Starbucks Workers United, Getty Locations: Israel, China, Corona, Pacifico, New, New York City

☆ Supreme Court agrees to hear case over Starbucks’ firing of pro-union employees
▼ + stars: | 2024-01-12 | by ( Luciana Lopez | Allison Morrow | ) edition.cnn.com time to read: +3 min

New York CNN —The US Supreme Court on Friday agreed to hear a case in which Starbucks was ordered to re-hire pro-union workers that the coffee company had previously fired. Starbucks appealed, and on Friday, the Supreme Court said it would take up the case. Since then, Starbucks has fought those unionization efforts, often resulting in NLRB and court battles. In that case, the judge said the company displayed “egregious and widespread misconduct” in its dealings with employees involved in unionization efforts. “We are pleased the Supreme Court has decided to consider our request to level the playing field for all US employers,” Starbucks said.

Persons: ” CNN’s Danielle Weiner, Bronner Organizations: New, New York CNN, Starbucks, National Labor, Board, Starbucks Workers United Locations: New York, Memphis , Tennessee, Memphis, Buffalo

WASHINGTON (AP) — The Supreme Court on Friday agreed to hear an appeal from Starbucks in a dispute with the National Labor Relations Board over efforts by workers to unionize at a store in Memphis, Tennessee. The case has been among the most closely watched in the more than 2-year-old effort to unionize Starbucks' company-owned U.S. stores. Workers United, the union organizing Starbucks workers, said the company is trying to weaken the labor board's ability to hold companies accountable. “There’s no doubt that Starbucks broke federal law by firing workers in Memphis for joining together in a union,” Workers United said. “The district court determined that, and the decision was affirmed by one of the most conservative courts in the nation.”The Memphis store did eventually vote to unionize.

Persons: —, “ Organizations: WASHINGTON, Starbucks, National Labor Relations Board, NLRB, Sixth U.S, Circuit, Appeals, Supreme, . Workers United, ” Workers Locations: Memphis , Tennessee, Memphis, Seattle

☆ Starbucks workers say they're worried about the new reusable cup program
▼ + stars: | 2024-01-05 | by ( Gloria Dawson | ) www.businessinsider.com time to read: +6 min

But some baristas are worried about how the reusable cup program will actually work. And will handing over a personal cup at the front of a drive-thru line slow down all the orders behind? Business Insider spoke to three Starbucks baristas about the reusable cup program. The Starbucks spokesperson said baristas got training on the new personal cup program — including practice time. I just can't see this working for morning rushes when we get like 30+ mobile orders per half hour."

Persons: —, they're, it's, barista, there's, baristas, we're Organizations: Starbucks, Service, Business, BI, Mobile Locations: Atlanta, Israel, Colorado, Texas

☆ Labor Group Plans Board Fight at Starbucks
▼ + stars: | 2023-11-21 | by ( Lauren Thomas | Cara Lombardo | ) www.wsj.com time to read: 1 min

Protesters among a coalition of unions and Starbucks workers rally outside a New York Starbucks coffee store earlier this month. Photo: Bebeto Matthews/Associated PressA labor group is seeking representation on the Starbucks board, ratcheting up pressure in a battle between the coffee giant and its workers over pay and working conditions. The Strategic Organizing Center—a coalition of labor unions including the Service Employees International Union that owns a small Starbucks stake—is seeking to address what it views as a failure by the board to oversee the company’s treatment of its workers.

Persons: Bebeto Matthews Organizations: Associated Press, Starbucks, Service Employees International Union Locations: New York

☆ Labor group seeks three board seats at Starbucks - sources
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

Members of the Starbucks Workers Union and other labor organization picket and hold a rally outside a company owned Starbucks store, during the coffee chain's Red Cup Day event in New York City, U.S., November 16, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsCompanies Starbucks Corp FollowNov 21 (Reuters) - The Strategic Organizing Center, a coalition of North American labor unions, is seeking three board seats at Starbucks (SBUX.O), people familiar with the matter told Reuters on Tuesday. Workers at several Starbucks stores had walked off their jobs last week in a strike organized by the Workers United union during a key promotional event demanding improved staffing and schedules. It is affiliated to Service Employees International Union, which owns a small Starbucks stake and is part of the Strategic Organizing Center, the Wall Street Journal reported. The WSJ first reported about the Strategic Organizing Center's push for board seats.

Persons: Brendan McDermid, Ananya Mariam Rajesh, Bayliss, Arun Koyyur Organizations: Starbucks Workers Union, REUTERS, Companies Starbucks Corp, Organizing, North, Reuters, Tuesday . Workers, Workers United, Service Employees International Union, Strategic Organizing, Wall Street Journal, Starbucks, ., U.S . Bureau of Labor Statistics, WSJ, Svea Herbst, Thomson Locations: New York City, U.S, North American, Bengaluru, Svea, New York

☆ Unions are the strongest in decades. Nearly a million Americans got double-digit raises as a result
▼ + stars: | 2023-11-21 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

New York CNN —Nearly 900,000 Americans sitting down to Thanksgiving dinner this week will have unions – and the double-digit pay increases they won – to thank. The strike lasted more than six weeks before the union won contracts it was seeking from all three unionized US automakers. The unions won significant pay increases and job protections they were seeking. And even with some of the contracts that pass, some union members offer significant opposition, believing they could have negotiated for even more. The union won a contract approved by 86% of membership who voted on ratification.

Persons: “, ”, Wheaton, Emily Elconin, David Paul Morris, Stellantis, Kate Andrias, Mike Blake, It’s, Greg Regan, ” Regan, Heidi Shierholz, union’s, Cornell’s Wheaton, That’s, EPI’s Organizations: New, New York CNN, CNN, Cornell University’s School of Industrial and Labor Relations, United Auto Workers, General Motors, Ford, Kaiser Permanente, Ford Motor Co, Michigan Assembly, Bloomberg, Getty, Writers Guild, SAG, Teamsters, UPS, Culinary, Los, Pilots, American, United, Southwest, The, Professional, American Airlines, FedEx, United Airlines, San Francisco International Airport, Detroit, MGM Entertainment, UAW, Big, GM, Labor, Columbia Law, Motors, Workers, AFL, Economic Policy Institute, Labor Department, Union, Toyota, Honda, Hyundai, Starbucks, Starbucks Workers United, ” Locations: New York, Buffalo, Kaiser, Michigan, Wayne , Michigan, DisneyWorld, Los Angeles, Vegas

☆ Homebuilder stocks could get another boost from rate hikes ending
▼ + stars: | 2023-11-17 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

New York CNN —For over a year, the red-hot housing market has been at the mercy of the Federal Reserve’s rate hikes, which have driven mortgage rates to sky-high levels. Mortgage rates have hovered above 7% since August, according to Freddie Mac data. Both those factors have helped create a scorching-hot housing market and a boom in homebuilder stocks, as Americans turned to building as a buying alternative. Moderating bond yields could change the narrative for the housing market. Tight supply and elevated mortgage rates this year made home purchases the least affordable they’ve been since 1984.

Persons: Bell, Freddie Mac, Toll, DR Horton, Lennar, Price, Steve Sosnick, ”, John Petrofsky, Chris Isidore, Danielle Wiener, Bronner, haven’t, Clare Duffy, Donie, Meta Organizations: CNN Business, Bell, New, New York CNN, Homeowners, DR, Federal, Treasury, Interactive, National Association of Home Builders, FBB Capital Partners, Starbucks, United Auto Workers, SAG, Writers Guild of America, Starbucks Workers United, Facebook, Street, Washington Post Locations: New York, Wells Fargo, Buffalo , New York, United States, Brazil, Israel, Italy

☆ Starbucks Workers Strike on ‘Red Cup Day’ in Bid to Kickstart Negotiations
▼ + stars: | 2023-11-16 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

Union workers at Starbucks stores in New York City and other cities went on strike Thursday. Photo: Richard Drew/Associated PressThousands of unionized Starbucks workers went on strike Thursday on a busy sales day for the coffee chain in a bid to bring the company back to the negotiating table. Baristas walked out on the company’s annual ‘Red Cup Day’ promotion for the second straight year, according to the union representing them. During the promotion, Starbucks gives customers a free reusable cup when they order a holiday drink.

Persons: Richard Drew, Baristas Organizations: Associated Locations: New York City

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