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Related Special Reports
...Starbucks is no stranger to customer ire....
...Starbucks on Tuesday said it appreciated SOC’s decision....
...In December, Starbucks published a report expressing a commitment to collective bargaining....
...Starbucks is confronting an increasingly competitive field as investors seeking to tap the growing food-and-beverage market turn to cafés....
...SWU has repeatedly accused Starbucks of “dragging its feet”....
...But investors should not underestimate Starbucks’ staying power as an affordable luxury. So far, Starbucks says it has not seen much change in demand....
...If the labour group is successful at Starbucks, it could embolden other stakeholders....
...Starbucks last week reported a “significant impact on traffic and sales” in the Middle East, which it attributed to “misperceptions about our position”, which also had an “impact in the US”....
...The tech giant’s commitment is the largest among more than 40 companies including Hilton, Marriott, ISS and Starbucks, which together said they would hire more than 13,000 refugees....
...This idle cash has been likened to interest-free capital for Starbucks. In addition, some giftcard money never gets redeemed by customers. Starbucks can keep it all....
...That unnerved investors and sent Starbucks shares 5.5 per cent lower in after-hours trading on Tuesday following the earnings call....
...Before Howard Schultz retired from the Starbucks board this week, he lamented in an interview that the Democratic and Republican parties had both been “hijacked by the extremes”....
...A good example is the challenge brought by a coalition of labour unions called the Strategic Organizing Center, which is seeking to replace three board members at Starbucks over “severe human capital mismanagement...
...And I’ve shared it constantly with the people of Starbucks.”...
...Starbucks said at the time it was never in a formal sales process....
...With thousands of stores in its franchise, it charges just Rmb5 for an Americano compared with Rmb30 at Starbucks....
...Stefano Pessina, the billionaire executive chair whose dealmaking created WBA, recruited Brewer from Starbucks in January 2021, hailing her as a “fantastic operator” who could break the group’s five-year...
...Job moves Former Starbucks chief Howard Schultz is stepping down from the coffee chain’s board....
...Not all Starbucks investors have been won over....
...Millions of coffee drinkers go to Starbucks for their daily caffeine fix....
...This is testimony to Starbucks’ ability to adapt....
...But, he predicted, “the best days of Starbucks are ahead of us”. Schultz said Starbucks would rebound faster than it had after an earlier crisis in 2008....
...And then, after the newly formed union sent Starbucks a request to negotiate in July, Starbucks said it would issue a legal challenge to the union’s election victory....
...Starbucks has offered Narasimhan a package worth more than $28mn....
...Starbucks said it believed that labour officials did the same in Seattle and Buffalo. The NLRB has scheduled a hearing to consider Starbucks’ allegations on Tuesday....
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