With Laxman Narasimhan being appointed as the CEO of Starbucks, a new name has been added to the list of India-origin CEOs of American corporations
Narasimhan was CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup
The Seattle coffee giant said regional office made special arrangements for pro-union workers to vote in person at its office, even though store election was supposed to be handled by mail-in ballot
The UK is Starbucks' largest market in Europe, the Middle East and Africa
The decision could spark a wider unionization movement among Apple store workers, similar to the first Starbucks union vote last year
Starbucks' stores are owned and operated by Alshaya Group, a Kuwait-based franchise operator
In a statement issued Friday, an interfaith coalition led by Nevada-based Hindu activist Rajan Zed pressed the coffee chain to end the surcharges it called unethical and unfair.
Schultz said he realized through the employee sessions that 'there's been many short-term decisions that have had an adverse long-term effect on the company'
Shares closed more than 3% lower. Analysts predicted the suspension to knock 2 to 3% off earnings in fiscal 2023.
Schultz said in the letter that he will travel in coming weeks to meet with employees
Starbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis.
Blank Street Coffee, the fast-growing Brooklyn, New York-based chain, is bringing its inexpensive espresso to the UK capital in June.
Other well-known Western food giants such as KFC and Burger King were also reportedly stopping sales in Russia
The move will expand the U.S. coffee chain's delivery footprint in China, which has since 2018 used Alibaba Group's Ele.me as its exclusive delivery partner
Starbucks says its US workers must be fully vaccinated by Feb 9 or face a weekly COVID testing requirement.
Starbucks also allowed for curbside delivery or for customers to walk to a nearby store and collect their orders
Starbucks employees voted to join a union at one store in Buffalo, New York, delivering the coffee chain its first unionized company-owned location in the US
A growing effort to unionize Starbucks stores despite company resistance is facing its first major test.
The stores offer the full Starbucks menu as well as prepared salads, sandwiches and snacks from Amazon Go
The companies will open their first Starbucks Pickup with Amazon Go location on Thursday in New York. At least three more New York stores are planned for next year