[ad_1] New York CNN — Starbucks is making changes to its rewards program, requiring members to spend more to earn some popular freebies. Starting February 13, members will need 100 stars — Starbucks’ term for points — to get one cup of hot or iced coffee or tea, a baked …
Read More »Target under pressure, hopes value-hungry shoppers come to the rescue
[ad_1] Target is stressing value this holiday season, as consumers feel pinched by inflation. At its store in New Jersey, signs that advertise low-priced items are more prominent than in previous years. Melissa Repko | CNBC FAIRFIELD, N.J. — Inside of this large store in the suburbs, Target is trying …
Read More »Map of Starbucks stores that voted to unionize
[ad_1] A year ago, workers at a Starbucks store in Buffalo, New York, voted to unionize, a first for the chain. The union win at the Elmwood Avenue location has since spurred more than 300 of the chain’s cafes to follow suit with their own petitions for union elections and …
Read More »As China eases Covid restrictions, Club stocks stand to gain
[ad_1] The Chinese government’s move Wednesday to further roll back strict Covid-19 measures should boost the prospects for a host of Club holdings with substantial operations in China, including Estee Lauder (EL), Wynn Resorts (WYNN) and Starbucks ( SBUX), all of which have been weighed down by nearly three years …
Read More »McDonald’s hopes discounts, contests boost mobile sales
[ad_1] The Ronald McDonald balloon floats past Radio City Music Hall during the 96th Annual Macy’s Thanksgiving Day Parade in New York City on November 24, 2022. Yuki Iwamura | AFP | Getty Images Last holiday season, McDonald’s leaned on singer Mariah Carey’s starpower and discounts to drive customers to …
Read More »UAW vote at GM, LG battery plant is a labor test for EV industry
[ad_1] Striking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – The United Auto Workers union will for the first time this week attempt to organize a …
Read More »Silvergate Capital, MGM Resorts, Bilibili, Murphy Oil & more
[ad_1] A United Airlines terminal at John F. Kennedy International Airport in New York January 24, 2011. Jessica Rinaldi | Reuters Check out the companies making headlines in premarket trading Monday. United Airlines — Shares rose 1% after Morgan Stanley upgraded United Airlines to overweight from equal weight, saying 2023 …
Read More »Deutsche Bank downgrades Starbucks, says further gains will be harder to come by
[ad_1] It’s time to move to the sidelines on Starbucks , according to Deutsche Bank. Analyst Brian Mullan downgraded shares of Starbucks to hold from buy, saying gains for the stock will be harder to come by after a recent run-up. “[We] are not negative on SBUX; but rather we …
Read More »How chains like McDonald’s and mom and pops cope with inflation
[ad_1] Customers at a McDonald’s restaurant Scott Mlyn | CNBC As the restaurant industry battles inflation, the large size of chains and their access to cash gives them the upper hand, but independents have advantages of their own when managing higher costs. Feeling the pressure on their budgets, consumers have …
Read More »Starbucks union to strike at more than 100 locations on Red Cup Day
[ad_1] Starbucks official reusable red cup, left, and red cup from Starbucks Workers United. Source: Starbucks; Starbucks Workers United Workers at more than 100 unionized Starbucks locations plan to strike on Thursday, one of the chain’s biggest sales days of the year. To celebrate the holiday season, Starbucks every year …
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