Sunday, December 22

Tag: Starbucks

McDonald’s buying back its franchises in Israel as boycott hurt sales
5Apr By adminNo Comments
Money

McDonald’s buying back its franchises in Israel as boycott hurt sales

McDonald's Corporation says it will acquire Alonyal, which owns 225 McDonald's restaurants in Israel that have been hit by calls for a boycott over the war with Hamas in Gaza. Terms of the transaction weren't disclosed. McDonald's said in a statement the deal was subject to conditions it didn't identify. Alonyal has operated McDonald's restaurants in Israel for more than 30 years. Their 5,000 employees will keep their jobs after the sale, McDonald's said. Customers at a McDonald's restaurant in Tel Aviv in March 2006. Ronen Zvulun / REUTERS In presenting its 2023 earnings report in February, McDonald's said the war in Gaza that began in October with the Hamas attacks on Isr...
Read More
McDonald’s CosMc’s, Starbucks and Dunkin’: How do their drinks compare in calories and sugar?
20Dec By adminNo Comments
Money

McDonald’s CosMc’s, Starbucks and Dunkin’: How do their drinks compare in calories and sugar?

McDonald's new beverage-focused chain called CosMc's has a menu featuring popular drink options similar to ones customers love at other coffee chains like Starbucks and Dunkin' — but how do they compare in terms of your diet?It's no secret that some of those tasty go-to sips are sneakily packed with more sugar than you might think, so we decided to compare the nutrition information on similar beverages across the three chains to see how they stack up when it comes to sugar and calories.  Employees work at McDonald's new beverage-led, drive-thru only chain, CosMc's, during the concept's secret opening in Bolingbrook, Illinois, Dec. 7, 2023. ERIC COX / REUTERS While drink siz...
Read More
Searching for CosMc’s: Investors, Consumers Look for Details on New McDonald’s Brand
6Dec By adminNo Comments
World

Searching for CosMc’s: Investors, Consumers Look for Details on New McDonald’s Brand

Investors and diners are on the lookout for an orange, fast-food-loving alien, and what he may mean for the future of McDonald’s. CosMc is the name of the character, who has featured in past McDonald’s ads, and it is also the name of a new restaurant concept that McDonald’s executives have teased in recent months. In July, the company described it as a smaller-scale restaurant, with locations soon to open in a handful of areas. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Amazon, Starbucks, Trader Joe’s Unions Say Firms Are Stalling
2Dec By adminNo Comments
Business

Amazon, Starbucks, Trader Joe’s Unions Say Firms Are Stalling

Last year, the independent, fledgling union Trader Joe’s United accomplished what had never been done before: It formed the chain’s first unionized store, in Massachusetts, then its second, in Minnesota. Once the celebrations were over, workers got down to the less glamorous business of negotiating a first contract. But Trader Joe’s insisted everyone participate in person, with no virtual option, according to the union. The company’s stance meant grocery store workers from Hadley, Massachusetts, and Minneapolis, Minnesota, had to travel to one another’s bargaining sessions if they wanted to take part ― a great expense for a brand-new labor group that was still crowdfunding. Maeg Yosef, a Trader Joe’s worker and union leader in Massachusetts, once flew to Minnesota for what she described a...
Read More
How Starbucks Lost the Top Spot in China’s Coffee Race
19Nov By adminNo Comments
World

How Starbucks Lost the Top Spot in China’s Coffee Race

Listen to article(2 minutes)Starbucks is losing its prime spot among chains racing to meet China’s growing thirst for coffee.Luckin Coffee has surpassed Starbucks as China’s biggest coffee chain by sales and units, company reports show, a comeback for the Chinese company after an accounting scandal that stalled its growth.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Starbucks workers stage strike on coffee chain’s “Red Cup” day
17Nov By adminNo Comments
Money

Starbucks workers stage strike on coffee chain’s “Red Cup” day

Starbucks workers hold strike on Red Cup Day Starbucks workers hold strike on Red Cup Day 02:30 Thousands of unionized Starbucks employees walked off the job Thursday on "Red Cup Day," an annual promotion in which the coffee chain gives out reusable cups to customers who order holiday drinks, according to the union behind the protest.Starbucks Workers United said what it dubbed the "Red Cup Rebellion" is the largest ever work stoppage in the history of the company, a bid to draw attent...
Read More
Starbucks ‘Red Cup Day’ Strike: Workers Walk Out in Bid to Kickstart Negotiations
16Nov By adminNo Comments
World

Starbucks ‘Red Cup Day’ Strike: Workers Walk Out in Bid to Kickstart Negotiations

Updated Nov. 16, 2023 2:53 pm ETThousands of unionized Starbucks workers went on strike Thursday on a busy sales day for the coffee chain in a bid to bring the company back to the negotiating table.Baristas walked out on the company’s annual “Red Cup Day” promotion for the second straight year, according to the union representing them. During the promotion, Starbucks gives customers a free reusable cup when they order a holiday drink.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Starbucks Workers Are Racking Up Wins In Union-Busting Cases
14Nov By adminNo Comments
Business

Starbucks Workers Are Racking Up Wins In Union-Busting Cases

Ella Clark didn’t have much time to goof around after she graduated from high school in June. The 18-year-old had to prepare for a federal hearing in San Francisco where she would square off with corporate lawyers representing the biggest coffee chain in the world. Clark believed Starbucks had violated her rights as she tried to form a union at her store in Northern California during her junior year. So she testified against the company’s managers in a National Labor Relations Board trial in July. She says she felt intimidated and even “slandered” by the other side. But the judge believed her story and ruled last month that Starbucks illegally retaliated against her when she was a minor.Clark, now a college freshman at Georgetown University, said she feels vindicated by the judge’s decisi...
Read More
Starbucks’ unionized workers plan walkout on “Red Cup Day” this week
14Nov By adminNo Comments
Money

Starbucks’ unionized workers plan walkout on “Red Cup Day” this week

Thousands of unionized Starbucks workers will walk off their jobs on Thursday, with the one-day work stoppages coming to protest the company's stance with shops that voted to organize, according to Starbucks Workers United.The labor action is timed to for Starbucks' Red Cup Day, an annual event in which the coffee giant hands out holiday-themed reusable cups. Starbucks has refused to negotiate in good faith over staffing and other issues that are particularly acute during promotions, according to the union."Starbucks is creating unnecessarily stressful working conditions by scheduling promotion after promotion without increasing staffing," Neha Cremin, a Starbucks worker in Oklahoma City, said in a statement to CBS MoneyWatch. "Starbucks has made it clear that they won't...
Read More
Starbucks to raise baristas’ hourly wages starting in January
8Nov By adminNo Comments
Money

Starbucks to raise baristas’ hourly wages starting in January

Starbucks said it will boost wages for its hourly employees by at least 3%, with the increases going into effect January 1.The Seattle-based coffee chain's wage hike comes amid its plan to double its employees' hourly incomes by the end of 2025, compared with 2020, through more hours and higher pay, according to a statement from Starbucks last week. Starbucks is boosting pay after reporting record annual revenue of almost $36 billion, with same-store sales jumping 8% compared with the prior fiscal year. The company has invested more than $1 billion since last year on its employees and to improve its stores, which it said has helped retain workers. Workers with longer tenures at Starbucks will be eligible for bigger raises, Starbucks sa...
Read More