Members react during Starbucks union vote in Buffalo, New York, U.S., December 9, 2021. Lindsay DeDario | Reuters U.S. labor officials are petitioning a federal court to force Starbucks to bring back ...
Tag: Starbucks
Starbucks’ union battle pushes Wall Street away
Michelle Eisen, a barista at the Buffalo, NY, Elmwood Starbucks location, the first Starbuck location to unionize, helps out the local Starbucks Workers United, employees of a local Starbucks, as they...
Another Apple Retail Store Launches Plan To Form Union
Topline Employees of an Apple store in Atlanta are attempting to unionize, Bloomberg reported Wednesday, the second of the tech giant’s retail stores to launch plans to form a union this year, hoping ...
Starbucks CEO Schultz Blasts ‘False Promises’ by Past Management
(Bloomberg) — Starbucks Corp. Chief Executive Officer Howard Schultz, moving to further put his stamp on the coffee giant in his third stint at the helm, criticized “false promises” and poor sho...
Starbucks is weighing better benefits for nonunion workers
Starbucks Chairman and CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, Washington on March 22, 2017. Jason Redmond | AFP | Getty Images Starbucks‘ campaign to dissuad...
Starbucks Competitors: Top 3 Starbucks Rivals
Starbucks, The Industry Leader Starbucks began over 50 years ago with a single location in Seattle, Washington. Since then, it has experienced phenomenal growth and is now the largest coffeehouse chai...
Starbucks joins NFT party, UK government seeks stablecoin regulations and Crypto Twitter rallies behind cancer fighter, Hodler’s Digest: Apr. 3-9
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Starbucks CEO Howard Schultz has history of opposing unions
A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Images ...
Schultz’s Early Moves at Starbucks Suggest Deeper Changes Coming
(Bloomberg) — In his first week back on the job at Starbucks Corp., Howard Schultz made a flurry of moves that hint at big changes in store layouts, employee relations and marketing — and ...
Starbucks announces NFT initiative as union-busting controversy continues
Nonfungible tokens (NFTs) have seen their fair share of controversy, but now they have found their way into the midst of the battle between multi-billion dollar corporations and workers trying to unio...
Starbucks Radioactive after CEO Suspends Buybacks
Starbucks Corp. (SBUX) shareholders cheered news that founder Howard Schultz would return as interim CEO but had second thoughts after his first official act on Monday was to suspend the highly popula...
Starbucks to Introduce NFTs This Year
Starbucks interim CEO Howard Schultz announced that the American multinational chain of coffeehouses and roastery reserves is entering the non-fungible token (NFT) market this year. The NFT initiative...
Starbucks To Launch NFT, Will It Help With In-House Issues?
Starbucks founder and new interim CEO Howard Schultz wants the company to enter the non-fungible token (NFT) sector. On the first day of his current term, the executive spoke at an Open Forum with emp...
Starbucks to launch NFT business by end of 2022
TL;DR Breakdown: Coffee giant Starbucks is preparing to begin NFT business later in 2022. The CEO said the company has the “treasure trove of assets” to participate in NFTs. Starbucks, the world-reno...
Starbucks Founder Schultz Suspends Share Buybacks on Return
(Bloomberg) — Starbucks Corp. founder Howard Schultz suspended a share-buyback plan to mark the start of his latest spell as chief executive officer, saying the cash could be better spent on sto...
New Starbucks CEO terminates stock buybacks on his first day
Starbucks Corporation (NASDAQ: SBUX) terminated its share repurchase programme on Monday to invest more into “our people” and “our stores”. Shares slid 5.0%. Ratio...
Twitter, Tesla, Starbucks and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares soared 26.1% in the premarket after a Securities and Exchange Commission filing showed that Tesla CEO Elon M...
Starbucks stock falls as CEO Howard Schultz suspends share buybacks
Howard Schultz, Chairman of Starbucks at the grand opening of the Starbucks Reserve Roastery in Shanghai, China on Dec. 5th, 2017. Justin Solomon | CNBC Howard Schultz’s first day back at the he...
Starbucks’ New York City Reserve Roastery becomes the 9th cafe to unionize
Employees serve customers at a newly opened Starbucks’ Reserve Roasteries in the Meatpacking District on on December 14, 2018 in New York City. Spencer Platt | Getty Images Starbucks baristas at...
Burger King Gets Sued Just Like KFC and Starbucks Did (You Won’t Believe Why)
There’s nothing like biting into a burger that you saw in an ad and feeling the taste not of umami but of bitter disappointment. The cheese is not as stretchy and the lettuce isn’t as cris...
Amazon, Starbucks workers push for unions after Covid upended labor market
Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters Th...
Starbucks’ union battles ‘a contributing factor to some of the stock weakness,’ analyst says
Starbucks (SBUX) stock is down 25% so far in 2022, and Jefferies Managing Director Andy Barish thinks that union efforts by company employees have created “headline risk” that is affecting...
Is Luckin Coffee the Chinese answer to Starbucks after robust Q4 2021 results?
China’s Luckin Coffee Inc. (OTCMKTS:LKNCY) announced a revenue of RMB2.432 billion or US$381.7 million in Q4 2021. The revenue was an increase of 80.7% from the previous year. The company also narrowe...
Second Starbucks location in Mesa, Arizona, votes to unionize
A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Images ...