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How Starbucks is reacting to record-breaking sales

 

A Denver administrative law judge ruled Monday that Starbucks violated the National Labor Relations Act and had to reinstate a previously terminated employee at a Denver store — which had voted to unionize in May 2022 — and to also expunge warning letters from the records of two other employees.

Also, Starbucks reported this week. For the first quarter of 2023, Starbucks had a record-setting period for sales, gift cards, and mobile app downloads, with an 8% YoY revenue increase from 2022, bolstered by a massively successful “red cup” season. It even introduced a podcast!

Hear more from senior editor Joanna Fantozzi

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