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Strategic Organizing Center Releases Investor Presentation Highlighting Why Board Change is Needed Now in Order to Brew a Better Starbucks
Businesswire· 2024-02-20 14:20
WASHINGTON--(BUSINESS WIRE)--The Strategic Organizing Center (the “SOC”), a shareholder of Starbucks Corporation (Nasdaq: SBUX) (“Starbucks” or the “Company”), today announced the release of an investor presentation detailing the urgent need for change at the Company. The presentation – titled “Brew a Better Starbucks” – is available at www.BrewABetterStarbucks.com. The SOC stated: “ Starbucks is an iconic company that has lost its way. The current Board of Directors (the “Board”) has tolerated an unaccept ...
Labor coalition accuses Starbucks of 'flawed' union strategy, risking shareholder value
CNBC· 2024-02-20 13:30
Former employees and supporters join unionized Starbucks employees as they carry signs in support of a strike, outside of a Starbucks store in Arlington, Virginia, on November 16, 2023.A coalition of unions is laying out its case against Starbucks ahead of a proxy fight at its annual meeting in March, arguing the coffee giant has implemented a "flawed human capital management strategy" in response to a yearslong union movement.The Strategic Organizing Center claims the situation has put the company at reput ...
21 Starbucks Stores Plan To Form Unions In 1-Day Blitz
Huffington Post· 2024-02-20 12:03
LOADINGERROR LOADINGStarbucks baristas from 21 stores around the country told the company Tuesday that they plan to organize, potentially adding hundreds of new members to a union campaign that’s battling the coffee chain for first contracts.The union, Workers United, said it is the largest group of Starbucks stores to go public with their organizing plans in a single day since the effort began in Western New York in 2021. The 21 locations are scattered across 14 states from coast to coast.Advertisement Wor ...
Labor Group Alleges Starbucks Not Disclosing Costs Of ‘Anti-Union' Behavior To Shareholders
Forbes· 2024-02-16 18:14
ToplineA coalition of labor groups sent a letter to the Securities and Exchange Commission (SEC) Friday, claiming that Starbucks has failed to disclose to shareholders $240 million in costs and liabilities for “anti-union activity” and unpaid wages, the latest salvo in the fight between organizing employees and the coffee giant.FILE - This Thursday, Jan. 12, 2017, file photo shows a Starbucks logo sign in the window of one of ... [+] the chain's cafes in Pittsburgh. (AP Photo/Gene J. Puskar, File)Copyright ...
Starbucks says it will revamp coffee shops the US to be more ‘inclusive'
New York Post· 2024-02-16 15:21
Starbucks said it’s rolling out a revamped look across its US chain of 16,300-plus locations in order to make the coffee-ordering experience more accessible and “inclusive”.Washington DC’s Union Market Starbucks debuted the new design on Friday, and it includes power-operated doors and a new point-of-sale system that’s portable and boasts an adjustable angle stand, voice assist, screen magnification and photos of menu items.“Imagine somebody who doesn’t speak English as a first language, and you’re trying t ...
Strategic Organizing Center Submits Letter to SEC Calling on Starbucks to Properly Disclose True Cost of Anti-Union Campaign
Businesswire· 2024-02-16 13:00
WASHINGTON--(BUSINESS WIRE)--The Strategic Organizing Center (the “SOC”), a shareholder of Starbucks Corporation (Nasdaq: SBUX) (“Starbucks” or the “Company”), today submitted a letter to the United States Securities and Exchange Commission (the “SEC”), detailing what it believes are failures by Starbucks to properly disclose material information – including the full cost to date of the Company’s aggressive and illegal anti-unionization efforts – that shareholders have a right to know in advance of making v ...
Starbucks has a new accessible store design. Take a look inside
CNBC· 2024-02-16 11:00
In this articleSBUXThe exterior of Starbucks' new Union Market locationSource: StarbucksStarbucks has unveiled a new store design focused on accessibility and inclusion, with fresh light fixtures and open floor plans.The coffee giant opened the first location with the new design on Friday in Washington, D.C.'s Union Market."Designing for disabilities is just good design for everybody," said Sara Trilling, president of Starbucks North America.She added that designing a more accessible cafe took about two yea ...
Building Inclusive Spaces: Starbucks Announces New Accessibility Guidelines for its U.S. Store Portfolio
Businesswire· 2024-02-16 11:00
SEATTLE--(BUSINESS WIRE)--Today, Starbucks Coffee Company (NASDAQ: SBUX) announced that it is creating a more accessible store experience across its U.S. store portfolio through an Inclusive Spaces Framework. Building on the company’s commitment to inclusion, the new design framework defines how Starbucks will help expand independence, choice and ease for all people across physical and digital spaces. The first store to be built using the inclusive design framework opens today in Washington, D.C. and featur ...
Bank of America and Starbucks Partner on Rewards Program
PYMNTS· 2024-02-15 16:29
Customers of Bank of America and Starbucks can now earn more benefits by linking those accounts.A new partnership between the two companies allows Bank of America cardholders and Starbucks Rewards members to earn 2% cash back from the bank and one Star per $2 spent at the coffee retailer, on top of the card benefits or rewards they already earn, the firms said in a Wednesday (Feb. 15) press release.Customers can link an eligible credit or debit card with their Starbucks Rewards accounts and then earn these ...
Starbucks Violated Labor Laws By Firing Pro-Union Employees, Labor Judge Rules
Forbes· 2024-02-07 22:33
ToplineStarbucks illegally fired Buffalo-area employees for their unionization efforts and must reinstate them, a National Labor Relations Board administrative law judge ruled—the latest in a long saga of friction between the company and Starbucks Workers United, the union that first organized in Buffalo in 2021 and has since spread to stores across the country.FILE - This Thursday, Jan. 12, 2017, file photo shows a Starbucks logo sign in the window of one of ... [+] the chain's cafes in Pittsburgh. (AP Pho ...