Starbucks workers' union escalates U.S. strike on Black Friday [BNN Bloomberg (Canada)]
Starbucks Corporation (SBUX)
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Source: BNN Bloomberg
The walkout, set to be the longest strike in the history of Starbucks, began on its Red Cup Day on Nov. 13 with 65 stores and more than 40 cities. The strike comes on Black Friday, the busiest time of year for retailers when shoppers hunt for bargains on everything from food and groceries to apparel and appliances. Workers also went on strike at Amazon warehouses in Germany on Black Friday, aiming to disrupt operations on a key sales day as they push for a collective bargaining agreement, with separate protests also planned outside Zara stores in Spain. A long-term strike will likely impact public relations over the intermediate time horizon, but “in light of market volatility caused by tariffs and other factors, Starbucks would want to make this a short-term affair,” said Michael Duff, a professor at the Saint Louis University School of Law. Starbucks, which has more than 17,000 coffeehouses in the U.S., said 99 per cent of its locations in the country remain open. “Regard
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