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The Latest Breaking News from Starbucks

Starbucks Set To Report Q3 Financial Results; Analysts Watch International Segment And Union Strikes

Starbucks Q3 Earnings: Analysts Expect Revenue of $9.29B, EPS of 95 Cents

Zenger

The unheralded woman who closed Polygon’s deals with Starbucks, Disney, and Mastercard is now a VP at OpenSea

"It's not as clear the work that women in the space are doing," Kelly DiGregorio, the incoming VP, told Fortune.

Fortune

Is August the Time to Buy Starbucks (SBUX)?

The renowned specialty coffee retailer, Starbucks (SBUX), has flourished with the opening of new locations during its fiscal second quarter. Moreover, its profitability surpasses the industry average, prompting investors to question if August is the opportune time to load up on SBUX. Let’s look at its financial metrics to know…

StockNews.com

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El Milagro workers cite gains, but why is no union involved?

For all the labor activism in other sectors, organizing at the tortilla manufacturer can be a tall order.

Chicago Sun-Times

Consumer demand for speed and convenience drives labor unrest among workers in Hollywood and at UPS

Drastic changes in consumer demands are driving labor unrest in diverse industries upended by technology

The Independent UK

Knoops taps French aristocrat for £6 million loan in bid to become the ‘new Starbucks’

The hot chocolate chain is now eyeing as many as 200 stores in the UK

Evening Standard

‘It feels like it’s strike summer’: US unions flex muscles across industries

Labor is increasingly militant after years of inaction, energized by star power from the actors’ and writers’ strikes

The Guardian - US

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Starbucks Teams Up With K-Pop Sensation BLACKPINK For Exclusive Collaboration

Limited-time beverages and merchandise to be launched in Asia Pacific stores, following the success of McDonald's BTS partnership.

Zenger

City Council members to propose 2-year timeline for eliminating ‘sub-minimum’ wage

Despite the proposal, however, Ald. Ramirez-Rosa acknowledged negotiations with the restaurant industry continue and may result in an even longer phase-in period.

Chicago Sun-Times

Disney Extends CEO Iger’s Tenure Amid Analyst Skepticism

Stock remains neutral as uncertainty looms over succession and challenges facing the entertainment giant.

Zenger

Mixue on the march: ice cream serves soft power for China in Southeast Asia

Mixue has dominated Southeast Asia’s ice cream and tea businesses for five years, having opened its first outlet in Vietnam in 2018. Based in China, where it operates 22,500 stores. Around 1,000 Mixue outlets now operate in several Southeast Asian countries including the Philippines, Thailand and Indonesia. In comparison, despite…

The Conversation

Workers at Starbucks’ Michigan Avenue roastery file for union vote

The operation has more than 200 employees and the vote will determine if they can bargain a contract as an affiliate of the Service Employees International Union.

Chicago Sun-Times

Workers launch union effort at world’s largest Starbucks, downtown Chicago’s Michigan Avenue roastery

Workers at the Starbucks Reserve Roastery on Chicago's Michigan Avenue — the largest Starbucks in the world — are seeking union representation.

Chicago Tribune

These air fryer pain au chocolat are just as good as Starbucks - and almost £2 cheaper!

Ready for the most delicious air fryer pastry hack out there?

GoodToKnow

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news in one place.

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Fortune

Many CEOs don't know what their employees need. 'Engagement' surveys can make the problem even worse

CEOs and managers are increasingly out of touch with their workers, and employee surveys may be doing more harm than good.

Reason

Chuck Schumer Panics Over Logan Paul's New Energy Drink

The new energy drink has about as much caffeine as a large Starbucks coffee.

The Walrus

Letters to the Editor: June 2023

On safe churches, Ottawa’s transit fiasco, and remembered cowboys

Evening Standard

Best coffee machine deals for Amazon Prime Day 2023: Nespresso, De’Longhi and more

Time to wake up and smell the coffee

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news in one place.

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Reason

Court Says Prostitution Law Doesn't Violate First Amendment but Language Should Be Interpreted Narrowly

Plus: Democrats dismiss nonwhite moderates, Schumer wants investigation into energy drink, GOP prosecutors threaten Target over Pride merchandise, and more...

Bangkok Post

Starbucks wants 335 new stores by 2030

Starbucks Thailand set an ambitious plan to open 335 new stores from 2023-30.

Bangkok Post

Starbucks aiming to roll out 335 new outlets by 2030

Starbucks Thailand set an ambitious plan to open 335 new stores from 2023-30.

WEKU

REI fostered a progressive reputation. Then its workers began to unionize

REI, the shopping mecca for outdoor enthusiasts, has balked at recognizing its newly unionized workers. They accuse the retailer of breaking labor laws, which the company denies.

The Independent UK

No more free coffee on your birthday? Companies rein in customer rewards programs — here's why

Reward programs, including birthday freebies and discounts, have long been a way for brands to build loyalty and incentivize spending

The Independent UK

From Walmart to Starbucks: What stores are open on 4 July

Non-essential government offices, banks, post offices and the US stock market will observe the Fourth of July

Fortune

Industry experts agree: it is never too soon to start planning for your next CEO

But some recent high profile CEO transitions show it is a delicate dance to get right.

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