INSIDER
Starbucks CEO sets four-minute service goal as he tries to reinvigorate sagging sales
Read full article: Starbucks CEO sets four-minute service goal as he tries to reinvigorate sagging salesStarbucksโ new Chairman and CEO Brian Niccol wants customers to get their orders hand-delivered by a barista in four minutes or less, a goal that will be central as he tries to reinvigorate the companyโs sagging sales.
Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile orders
Read full article: Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile ordersFifty-three years after its founding, Starbucks is unhappy with what itโs become โ and trying to figure out how to meet customersโ changing needs without losing its coffeehouse roots.
Starbucks is giving its new CEO a huge pay package and not making him move to Seattle
Read full article: Starbucks is giving its new CEO a huge pay package and not making him move to SeattleStarbucks' incoming CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant.
Stock market today: Wall Street ticks higher after inflation data clears the way for cuts to rates
Read full article: Stock market today: Wall Street ticks higher after inflation data clears the way for cuts to ratesWall Street ticked higher after the latest update on inflation came in almost exactly as economists expected.
Microsoft says that a cyberattack triggered the hours-long outage impacting Azure customers
Read full article: Microsoft says that a cyberattack triggered the hours-long outage impacting Azure customersA global Microsoft Azure outage that impacted a range of services for consumers Tuesday โ from reports of stalling Outlook emails to trouble ordering on Starbucksโ mobile app โ was triggered by distributed denial of service cyberattack, according to the tech giant.
Supreme Court, siding with Starbucks, makes it harder for NLRB to win court orders in labor disputes
Read full article: Supreme Court, siding with Starbucks, makes it harder for NLRB to win court orders in labor disputesThe Supreme Court has made it harder for the federal government to win court orders when it suspects a company of interfering in unionization campaigns in a case that stemmed from a labor dispute with Starbucks.
Walmart's strong first quarter driven by consumers seeking bargains with inflation still an issue
Read full article: Walmart's strong first quarter driven by consumers seeking bargains with inflation still an issueWalmart is reporting another quarter of strong results as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.
US consumer sentiment drops to 6-month low on inflation, unemployment fears
Read full article: US consumer sentiment drops to 6-month low on inflation, unemployment fearsConsumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise.
Salad chain says a cleaner farming method will offset adding steak to its menu. What is it?
Read full article: Salad chain says a cleaner farming method will offset adding steak to its menu. What is it?The announcement of Sweetgreen salad chain that itโs adding beef to its menu led to strong reactions online, with customers questioning the companyโs carbon neutral plans.
Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle
Read full article: Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggleFormer Starbucks CEO Howard Schultz says the companyโs leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales.
Starbucks appears likely to win Supreme Court dispute with federal labor agency
Read full article: Starbucks appears likely to win Supreme Court dispute with federal labor agencyThe U.S. Supreme Court has appeared to side with Starbucks in a case that could make it harder for the federal government to seek injunctions when it suspects a company of interfering in unionization campaigns.
Booming cold drink sales mean more plastic waste. So Starbucks redesigned its cups
Read full article: Booming cold drink sales mean more plastic waste. So Starbucks redesigned its cupsBooming sales of cold drinks at Starbucks stores have created a problem: growing amounts of plastic waste from the single-use cups that Frappuccinos, Refreshers, cold brews and other iced drinks are served in.
Mideast Starbucks franchisee firing 2,000 workers after being targeted in Israel-Hamas war boycott
Read full article: Mideast Starbucks franchisee firing 2,000 workers after being targeted in Israel-Hamas war boycottThe Middle East franchisee of Starbucks has begun firing some 2,000 staff at its coffee shops across the region after the brand found itself targeted by activists during the ongoing Israel-Hamas war in the Gaza Strip.
Starbucks reports record Q1 revenue but lowers outlook as consumer spending falls in some markets
Read full article: Starbucks reports record Q1 revenue but lowers outlook as consumer spending falls in some marketsStarbucks on Tuesday reported record revenue in its fiscal first quarter but lowered its sales outlook for the rest of the year as spending weakens in China and other markets.
Mother of disabled girl who was allegedly raped in Starbucks bathroom sues company, school district
Read full article: Mother of disabled girl who was allegedly raped in Starbucks bathroom sues company, school districtThe mother of an intellectually disabled girl has filed a lawsuit against Starbucks, Pittsburgh Public Schools and a property management company, accusing all three entities of negligence in creating the conditions that allegedly led to her daughter being sexually assaulted in the Starbucks bathroom and at a nearby empty property.
Supreme Court agrees to hear Starbucks appeal in Memphis union case
Read full article: Supreme Court agrees to hear Starbucks appeal in Memphis union caseThe Supreme Court has agreed to hear an appeal from Starbucks in a dispute with the National Labor Relations Board over workers who were trying to unionize a store in Memphis, Tennessee.
Starbucks sued by consumer group that calls its claim of ethical sourcing false and misleading
Read full article: Starbucks sued by consumer group that calls its claim of ethical sourcing false and misleadingA consumer advocacy group filed a lawsuit against Starbucks Wednesday, saying the companyโs claim that its coffee is ethically sourced is false and misleading.
Wells Fargo workers at New Mexico branch vote to unionize, a first in modern era for a major bank
Read full article: Wells Fargo workers at New Mexico branch vote to unionize, a first in modern era for a major bankEmployees at a Wells Fargo bank in New Mexico have voted to unionize, the first time that workers at a major U.S. bank have attempted to organize in the modern era.
Starbucks labor report โ demanded by shareholders โ calls for better training on union issues
Read full article: Starbucks labor report โ demanded by shareholders โ calls for better training on union issuesAn independent review of Starbucks' labor relations concluded that Starbucks should better communicate its commitment to workersโ collective bargaining rights and train its employees to respect those rights.
In a reversal, Starbucks proposes restarting union talks and reaching contract agreements in 2024
Read full article: In a reversal, Starbucks proposes restarting union talks and reaching contract agreements in 2024Starbucks says itโs committed to bargaining with its unionized workers and reaching labor agreements next year.
McDonald's testing new CosMc's chain amid unprecedented global expansion
Read full article: McDonald's testing new CosMc's chain amid unprecedented global expansionMcDonaldโs is testing a new restaurant format with customizable drinks and treats designed to appeal to afternoon snackers โ and grab sales from competitors like Starbucks and Dunkinโ.
Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year
Read full article: Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming yearCustomers fell for Starbucksโ fall menu in its fiscal fourth quarter, helping the company achieve record revenue with Pumpkin Spice Lattes and apple croissants.
Company bosses and workers grapple with the fallout of speaking up about the Israel-Hamas war
Read full article: Company bosses and workers grapple with the fallout of speaking up about the Israel-Hamas warThe fallout from the Israel-Hamas war has spilled into workplaces everywhere, with corporate leaders from the highest ranks of prominent companies weighing in with their views while workers complain their voices are not being heard.
Starbucks, Workers United union sue each other in standoff over pro-Palestinian social media post
Read full article: Starbucks, Workers United union sue each other in standoff over pro-Palestinian social media postStarbucks and the union organizing its workers sued each other Wednesday in a standoff sparked by a social media post over the Israel-Hamas war.
The power dynamic in labor has shifted and pickets are seemingly everywhere. But for how long?
Read full article: The power dynamic in labor has shifted and pickets are seemingly everywhere. But for how long?From auto production lines to Hollywood, the power of labor unions is back in the national spotlight.
Citing sustainability, Starbucks wants to overhaul its iconic cup. Will customers go along?
Read full article: Citing sustainability, Starbucks wants to overhaul its iconic cup. Will customers go along?For a generation and more, Starbucks' throwaway cup has been a cornerstone of consumer society, first in the United States and then globally.
Pumpkin Spice Lattes from Starbucks are back today, including new fall menu items
Read full article: Pumpkin Spice Lattes from Starbucks are back today, including new fall menu itemsGrab your scarf, oversized brimmed hat and a spooky movie, because Pumpkin Spice Lattes from Starbucks are officially back today!
Starbucks reports record revenue as China booms, but sales still fall short of expectations
Read full article: Starbucks reports record revenue as China booms, but sales still fall short of expectationsStarbucks reported record revenue in its fiscal third quarter as sales in China roared back to life.
No more free coffee on your birthday? Companies rein in customer rewards programs โ here's why
Read full article: No more free coffee on your birthday? Companies rein in customer rewards programs โ here's whyReward programs, including birthday freebies and discounts, have long been a way for brands to build loyalty and incentivize spending.
Starbucks union says Pride weekend strikes closed 21 US stores
Read full article: Starbucks union says Pride weekend strikes closed 21 US storesThe union organizing Starbucks workers says a strike timed to Pride month closed 21 stores over the weekend, including the companyโs flagship Reserve Roastery in Seattle.
Jury awards $25.6 million to white Starbucks manager fired after the arrests of 2 Black men
Read full article: Jury awards $25.6 million to white Starbucks manager fired after the arrests of 2 Black menJurors in federal court in New Jersey have awarded $25.6 million to a former regional Starbucks manager who alleged that she and other white employees were unfairly punished by the coffee chain after the high-profile arrests of two Black men in 2018 at a Philadelphia location.
Starbucks denies claims that it's banning Pride displays but union organizers are skeptical
Read full article: Starbucks denies claims that it's banning Pride displays but union organizers are skepticalStarbucks is denying union organizersโ claims that it is banning Pride displays in its U.S. stores in the wake of Target and other brands experiencing a backlash.
Starbucks leader grilled by Senate over anti-union actions
Read full article: Starbucks leader grilled by Senate over anti-union actionsLongtime Starbucks CEO Howard Schultz insisted the coffee chain hasnโt broken labor laws and is willing to bargain with unionized workers during an often testy, two-hour appearance before the Senate Health, Education, Labor and Pensions Committee.
Allen Park Starbucks staff join national strike to demand union rights, better conditions
Read full article: Allen Park Starbucks staff join national strike to demand union rights, better conditionsA busy Starbucks location on the border of Allen Park and Dearborn Heights is striking Wednesday with 99 other stores nationwide to demand union rights and better working conditions.
Labor judge: Starbucks violated worker rights in union fight
Read full article: Labor judge: Starbucks violated worker rights in union fightA federal labor judge has ordered Starbucks to reinstate seven fired workers after finding that the company violated labor laws โhundreds of timesโ during a unionization campaign in Buffalo, New York.
Olive oil in coffee? New Starbucks line a curiosity in Italy
Read full article: Olive oil in coffee? New Starbucks line a curiosity in ItalyPutting olive oil in coffee is hardly a tradition in Italy, but that didnโt stop Starbucks interim CEO Howard Schultz from launching a series of beverages doing just that in Milan.
Starbucks' Schultz declines to appear before Senate panel
Read full article: Starbucks' Schultz declines to appear before Senate panelStarbucksโ interim CEO Howard Schutz has declined a request to appear before a Senate committee seeking to question him about the coffee chainโs response to an ongoing unionization campaign at the companyโs U.S. stores.
Detroit Starbucks forced to close after PETA protesters encased feet in concrete, blocked entrance
Read full article: Detroit Starbucks forced to close after PETA protesters encased feet in concrete, blocked entranceA Starbucks in Detroit was forced to close on Friday after four protesters blocked the entrance by encasing their feet in concrete.
Itโs a โgrandeโ new way to fly: Check out this new Starbucks and Delta loyalty program
Read full article: Itโs a โgrandeโ new way to fly: Check out this new Starbucks and Delta loyalty programStarting on Wednesday, U.S. customers who link Delta SkyMiles and Starbucks Rewards loyalty programs will earn one mile on every $1 spent on eligible purchases at Starbucks.
Starbucks Pumpkin Spice Latte, other fall favorites return to stores on Aug. 30
Read full article: Starbucks Pumpkin Spice Latte, other fall favorites return to stores on Aug. 30Dig your Ugg boots and black leggings out of the closet because the Starbucks Pumpkin Spice Latte (PSL) is coming back this Tuesday.
Labor board files complaint against Starbucks over pay offer
Read full article: Labor board files complaint against Starbucks over pay offerThe National Labor Relations Board says Starbucks is violating U.S. labor law by withholding pay hikes and other benefits from stores that have voted to unionize.
Starbucks must reinstate fired workers, federal judge rules
Read full article: Starbucks must reinstate fired workers, federal judge rulesA federal judge is ordering Starbucks to reinstate seven employees in Memphis, Tennessee, who were fired earlier this year after leading an effort to unionize their store.
Starbucks head of North America business leaving company
Read full article: Starbucks head of North America business leaving companyRossann Williams, Starbucksโ North America president whoโs been a prominent figure in the companyโs push against worker unionization, is leaving the company after 17 years.
Workers vote to become first unionized Starbucks in Alabama
Read full article: Workers vote to become first unionized Starbucks in AlabamaStarbucks has until later this week to file objections after workers at a shop in Birmingham became the first of the companyโs outlets in Alabama to vote to organize.
Starbucks will cover travel for workers seeking abortions
Read full article: Starbucks will cover travel for workers seeking abortionsStarbucks says it will pay travel expenses for U.S. employees to access abortion or gender-confirmation procedures if those services aren't available within 100 miles of a workerโs home.
Slightly more Americans seek jobless aid last week
Read full article: Slightly more Americans seek jobless aid last weekThe number of Americans applying for jobless aid ticked up slightly last week but the total number of Americans collecting benefits remained at its lowest level in more than five decades.