Starbucks

Financing

Record demand drove strong Starbucks sales last quarter

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.

Financing

Starbucks plans more stores and more technology

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.

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.

The former CEO and chairman emeritus is no longer company director as part of a planned transition. Wei Zhang, former Alibaba senior advisor, will take on the role.

Reality Check: Starbucks’ Howard Schultz, Tesla’s Elon Musk, and serial tech disruptor Marc Lore are betting they can change the restaurant industry with new ventures. Here’s a look at what they’re envisioning.

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