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3 mins read
A surge in retail union organizing is the surest sign yet that workers are fed up
From the financial crisis to COVID, corporations have profited while workers sacrificed. Now, they'…
Avery Hartmans
2 mins read
Starbucks union organizers react to Howard Schultz return as CEO
Starbucks called in Schultz to speak to workers ahead of the first union votes in Buffalo in 2021, …
Mary Meisenzahl
2 mins read
McDonald's was the first major restaurant chain to pull out of Russia and it shows the burger giant is still leading the fast-food world
McDonald's made the first call in fast food, and says it could lose out on $50 million a month. Sta…
Mary Meisenzahl
2 mins read
Starbucks opened more new stores than McDonald's and Subway, the two biggest chains in the world, during the pandemic
Starbucks now has over 34,000 locations around the world, with plans to continue expanding aggressi…
Mary Meisenzahl
2 mins read
Starbucks employees at more than 100 stores are on strike during one of the chain's busiest days of the year
Starbucks Workers United members say the strike is to call attention to understaffing and the compa…
Mary Meisenzahl
2 mins read
Barista at the first Starbucks to unionize says new customers are pouring in and tipping more
A barista at the first Starbucks to unionize in the US said the 'win' for workers has attracted new…
Hannah Towey,Mary Meisenzahl
3 mins read
Fast-food chains are increasingly collaborating with celebrities and it's a brilliant way to borrow star power without the risks
Chains seem isolated from any backlash associated with celebrity partners while still reaping all t…
Mary Meisenzahl
3 mins read
I ordered food from 5 different brands in a stark white room inside a suburban Walmart and I'm convinced it's probably the future of fast food
Virtual restaurants cut down on labor and real estate costs, which is even more appealing as labor …
Mary Meisenzahl
2 mins read
Starbucks calls its workers 'partners', but some who are trying to unionize say the chain isn't living up to that promise
Starbucks employees are technically partners, because they receive shares of the company that begin…
Mary Meisenzahl
3 mins read
Starbucks filed a fresh patent for a machine which could create the highly personalized, super complex drinks staff are so sick of making for customers
It isn't known if the machine is actually being developed, or if it will come into use in Starbucks…
Grace Dean
2 mins read
Tesla has lost almost $700 billion of market value in the past year - the equivalent of 3 Disneys, 4 Nikes, or 6 Starbucks
Elon Musk's company has lost almost a Berkshire Hathaway's worth of market value, or more than the …
Theron Mohamed
2 mins read
Billionaire investor Bill Ackman hopes to close his mega SPAC deal in a couple of weeks - and continues to hedge against inflation and a market downturn
Ackman's Pershing Square Tontine Holdings has been working to buy a piece of an "iconic, phenomenal…
Theron Mohamed
2 mins read
Starbucks jumps 6% after showing signs its recovery from coronavirus lockdowns is picking up
"We have now developed new levels of agility and resilience that position us well for the future," …
Carmen Reinicke
2 mins read
Starbucks slides the most in 7 months after telling investors profit growth is slowing
The stock fell as much as 3.5% in early trading Wednesday after the company said in an investor pre…
Carmen Reinicke
2 mins read
Starbucks says its US stores have made a full recovery from the pandemic thanks to drive-thrus and mobile orders
Drive-thru and mobile orders both lead to more customization and larger tickets, which helped the c…
Mary Meisenzahl
2 mins read
Hundreds of Subway, Dunkin', and Burger King locations closed in 2020 - here are the chains with the most closures
More than 10% of all US restaurants closed last year during the pandemic, including hundreds of big…
Mary Meisenzahl
1 min read
WATCH: Starbucks CEO Kevin Johnson explains why he's betting everyone will be rushing to grab coffee with their friends after the pandemic
Starbucks CEO Kevin Johnson says vaccines will bring 'The Great Human Reconnection' in a few months.
Matt Turner
3 mins read
Workers are getting bolder. The number of strikes tripled from last year as Americans see their wages shrink and bosses profit.
The failure of wages to keep up with inflation and gaining the upper hand in a labor shortage have …
Jason Lalljee,Juliana Kaplan
2 mins read
Starbucks is giving away Peppermint Mocha air fresheners in a drive-thru-only deal, as the coffee giant goes all in on drive-thrus
Starbucks is giving away free Peppermint Mocha air fresheners, in a surprise deal exclusively for d…
Kate Taylor
5 mins read
Starbucks joins McDonald's and Walmart in calling for Congress to pass stimulus package, as CEO announces plans for $15 minimum wage
Starbucks CEO Kevin Johnson is calling for a new stimulus package to save small businesses, includi…