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Starbucks held contract negotiations with the Workers United union over a two-day session in Atlanta, both the parties said on Friday, with plans to meet again in late May.
Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.
Beyond analysts' top -and-bottom-line estimates for Starbucks (SBUX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
After years of anger and ugly relationships between unions wanting to organize workers in U.S.
Starbucks (SBUX) reachead $88.75 at the closing of the latest trading day, reflecting a +1% change compared to its last close.
Starbucks lost a labor appeal on Wednesday, requiring the coffee giant to recognize a union at its flagship store in Seattle—the same day the company reportedly restarted union negotiations, and one day after taking a different union dispute with workers in Tennessee to the Supreme Court.
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.
Coffee chain brings challenge after being told to rehire seven workers at Tennessee store who pursued effort to unionize
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The U.S. Supreme Court on Tuesday steps into the contentious unionization drive at Starbucks as the coffee chain challenges a judicial order requiring it to rehire seven employees at a Tennessee cafe who were fired as they pursued efforts to organize.