Competitor News

Starbucks announced this week that it had opened a co-branded store with Amazon Go without any checkout process. The New York City location features Starbucks’ full menu, a variety of food and beverages in the Amazon Go market, and a lounge with workspaces, expanded tables, power outlets, and USB ports. We also noted recently that Panera…

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Starbucks Union Election Scheduled

The National Labor Relations Board (NLRB) rejected a proposal by Starbucks to have a proposed union representation election cover all of its 20 stores in the Buffalo market and instead ordered a representation election for just three stores. The NLRB ruling provides that the election will be held via mail-in ballots between November 10 and…

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Pay Equity Issues

With much fanfare last week, McDonalds announced that it had reached gender pay equity for its employees at its corporate US stores. In an emailed statement, the company declared that women in were currently paid 99.16% as much as men for comparable work and that in 2022 the company expects that globally, women will receive…

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McDonald’s News

Speaking of the Golden Arches, McDonalds held its Q3 earnings call this week and reported strong Q3 sales and earnings, especially in the US. US same store sales were up 14.9% vs. 2019, and 9.4% against 2020. All dayparts–breakfast, lunch and dinner were positive in same store sales with breakfast and dinner up plus 10%.…

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Starbucks

And still more on Starbucks, it reported Q4 earnings yesterday, reporting that it continued to show improvement in North America while China is recovering from another COVID cycle. In the US, same store sales (sss) were up 22% against 2020 numbers with traffic up 19% and average ticket up 3%. On a 2-year basis, sss…

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Starbucks Closes Union-Active Stores

Starbucks has temporarily closed two of the five stores in the Buffalo market where baristas have been agitating to unionize the company workforce. As we told you in past issues, workers in (originally three) now five stores in the upstate New York city have petitioned the National Labor Relations Board (NLRB) to authorize and schedule…

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Competitor News

Dutch Bros entered Wall Street with a boom back in September when it IPO’d on the NYSE. On Monday, Dutch Bros (BROS) was initiated by five restaurant-sell side securities firms, with price targets from $47 to $60. Their core geographic base now is Oregon, Southern WA, Northern CA, and spreading now slowly into the Mountain…

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Competitor News

We noted a story yesterday that had Caribou Coffee joining the ranks of those offering a coffee subscription service. Caribou, which is now owned by JAB Holdings through its Pret Panera Holding Company, is following in the footsteps of sister-company Panera which launched their subscription service over a year ago. While the Panera subscription plan…

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Workers Unionizing Starbucks Buffalo

Starbucks is facing another unionizing effort amongst its barista “partners” again, this time in Buffalo, New York. You’ll recall that we reported just a few weeks ago that two employees fired from a Philadelphia Starbucks for unionizing activities (protected under the National Labor Relations Act) had prevailed in a legal challenge before an NLRB Administrative…

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Competitor News

Several weeks ago, it was reported that JAB Holdings had created a Panera Brands platform which includes three of the companys breakfast daypart entities – Panera Bread, Caribou Coffee and Einstein Bros. Bagels. In the wake of the move, speculation is that after private ownership for the past five years, the company is likely to…

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