Starbucks

Financing

Subway and Starbucks oust their Brazilian operator

SouthRock Capital, a major food and beverage operator in the country, had its master franchise agreement with Subway terminated after less than a year and lost its license to operate Starbucks.

Operations

Starbucks plans to give its workers another raise

The coffee giant is giving all its workers at least 3% pay raises next year and will let hourly workers accrue vacation time sooner. Also: barista championships.

The Seattle-based coffee giant believes it has plenty of room to add more stores in the U.S., but it also believes that efficiencies can cut $3 billion in costs over the next three years.

The chain’s U.S. same-store sales rose 8% as more customers ordered more products and more add-ons and its loyalty membership hit a record.

Workers United accused the coffeehouse giant of unfair labor practices by sharing a list of union stores with pro-Israel groups angered by "solidarity with Palestine" messages. Starbucks, however, says the list did not come from the company.

Starbucks accused the union of trademark infringement, arguing that the public mistook the group's views on the Israel-Hamas war for its own. The union defended its name and logo.

The fast-growing chicken finger chain was ranked fifth among teens’ favorite restaurants, according to the latest Piper Sandler survey. But Chick-fil-A is still king.

The subpoena seeks documents related to the coffee chain's reaction to a unionization drive.

A court has decided the workers are entitled to the same increase their nonunion colleagues were awarded last year.

Two units of Good Karma have been okayed to end their representation by Workers United, the union behind the push to organize Starbucks.

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