Latest Starbucks Corp News

Ford, Starbucks fall; Clorox, Gilead Sciences rise

Feb. 03, 2023 16:42 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Ford Motor Co., down $1.09 to $13.12. The automaker reported disappointing fourth-quarter earnings and said its costs are too high. Amazon.com Inc., down $9.52 to...

Starbucks misses sales, revenue estimates as China falters

Feb. 02, 2023 18:43 PM EST

Starbucks reported lower-than-expected sales in its fiscal first quarter, with COVID store shutdowns in China overshadowing stronger results elsewhere. Global same-store sales — or sales at stores open at least a year — were up 5% in the October-December period, but that was...

Is tipping getting out of control? Many consumers say yes

Jan. 28, 2023 10:37 AM EST

NEW YORK (AP) — Across the country, there’s a silent frustration brewing about an age-old practice that many say is getting out of hand: tipping. Some fed-up consumers are posting rants on social media complaining about tip requests at drive-thrus, while others say they’re...

Third Trader Joe's store votes to unionize

Jan. 27, 2023 15:27 PM EST

A Trader Joe’s store in Louisville, Kentucky, has become the grocery chain's third to vote to unionize. Workers at the store voted 48-36 in favor of the union Thursday evening, according to the National Labor Relations Board, which conducted the election. Workers...

Chipotle looks to hire 15,000 amid continuing labor shortage

Jan. 26, 2023 19:04 PM EST

Restaurants are beginning the new year with a recurring problem: labor shortages. Chipotle said Thursday it’s looking to hire 15,000 people in North America to ensure its stores are staffed up ahead of its busy spring season. Other chains are also looking for workers: Taco Bell has...

US union membership rate hits all-time low despite campaigns

Jan. 19, 2023 16:56 PM EST

The U.S. union membership rate reached an all-time low last year despite high-profile unionization campaigns at Starbucks, Amazon, Apple and other companies. Union members fell to 10.1% of the overall U.S. workforce, according to the Bureau of Labor Statistics. That was down slightly...

As Starbucks unionizing slows, some strike, others skeptical

Jan. 10, 2023 11:57 AM EST

Labor organizers hope this will be the year that Starbucks' U.S. workers finally negotiate a union contract. But with bargaining at a standstill and thousands of employees still unconvinced of the union's value, that outcome is uncertain. A little more than a year after a Starbucks...

Iraq prime minister orders crackdown on trademark violations

Dec. 28, 2022 11:23 AM EST

BAGHDAD (AP) — Iraq’s prime minister has ordered a crackdown on local businesses operating under the names of international brands without legal permission, his office said Wednesday. The move by the premier, Mohammed Shia al-Sudani, comes after The Associated Press reported last...

Real coffee, but a fake 'Starbucks' in piracy-ridden Iraq

Dec. 22, 2022 19:22 PM EST

BAGHDAD (AP) — Everything from the signboard outside down to the napkins bears the official emblem of the top international coffee chain. But in Baghdad, looks are deceiving: The “Starbucks” in the Iraqi capital is unlicensed. Real Starbucks merchandise is imported from...

Starbucks workers begin 3-day walkout at 100 US stores

Dec. 16, 2022 15:02 PM EST

Starbucks workers around the U.S. are planning a three-day strike starting Friday as part of their effort to unionize the coffee chain's stores. More than 1,000 baristas at 100 stores are planning to walk out, according to Starbucks Workers United, the labor group organizing the...