Starbucks

Technology

Here’s how Starbucks’ Web3 loyalty program extension will work

Starbucks Odyssey, a major expansion of the company’s Rewards program into the metaverse, enables customers to collect NFTs and points through interactive activities.

Financing

For Starbucks, unspent gift cards become a big business

The Bottom Line: As customers returned to Starbucks, revenue from unspent gift cards did, too, providing the coffee giant with a weird and profitable source of funds.

The group organizing Starbucks says it is working with the staffs of two Peet's units to hold elections.

The organization will consist of employees from all service businesses, providing more clout. Membership will also be transferable across industries.

Starbucks Workers Union announced its own Red Cup Day after alleging the company is misleading investors. The attempts to court customers and stockholders come as contract negotiations are underway.

The retailer said 200 of its stores will add the service before the start of the holidays. It proved "very, very popular" in a Q2 test, an executive commented.

The 11 employees of Brooklyn's Daily Press have petitioned federal regulators for the go-ahead to vote on joining Workers United, the same group behind the Starbucks union drive.

Marketing Bites: McDonald’s new Happy Meals feature the Black Panther movie sequel; Checkers and Rally’s celebrate E.T.; Papa John’s shifts to value.

Younger consumers are ordering more cold beverages that they customize with flavorings and syrups that generate some surprising revenue.

The coffee giant has been revealing a new holiday cup design every year since 1997. This year there are four designs.

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