Starbucks (SBUX) revealed their Quarter 1 2022 earnings on Tuesday. They delivered a small revenue beat but missed Q1 earnings by $.08. More significantly, they lowered earnings for the rest of 2022, and noted they would not be back to their long-term earnings profile of 18 to 19% operating income margin until 2024. 2022 will…
Read More »Considering how the Trump administration, the then-republican controlled Congress and the courts pecked away at mandates of the Affordable Care Act (ACA) (a.k.a. ObamaCare), it’s easy to forget that there are still obligations under the ACA with which employers must comply. In that vein, ACA reporting deadlines under the federal law for Applicable Large Employers…
Read More »The Fast Food Accountability and Standards Recovery Act, or the so-called FAST Act, filed one year ago by then Assemblywoman and now-labor leader Lorena Gonzalez, must be pass the Assembly by Monday, January 31 or it will be dead for the current session. Although there’s hope the bill will not be approved, the reality is…
Read More »We noted there is ’life after Dunkin’ for a couple of Dunkin’ veterans, as a limited exodus continues from Canton. First off, Dunkin’ Legal Counsel David Mann left the company last month to become an Angel Investor with Launchpad Venture Group LLC, an investment network funding early-stage companies. In his LinkedIn message, Mann explained that…
Read More »Last week, we made a pitch here in Small Regular No Sugar! for you to support the great work of the Coalition of Franchisee Associations (CFA) by making a contribution to the CFA PAC. Unfortunately, we did not link to the correct site for you to complete the CFA PAC Pledge Form, so we’ve fixed…
Read More »The District Court for the District of Southern California has dismissed a lawsuit challenging the validity of California’s AB5 law. The challenge, which was filed by the International Franchise Association (IFA) along with DDIFO, the Asian American Hotel Owners Association (AAHOA) and the Supercuts Franchisee Association (SFA) back in November 2020, centered around California‘s ABC…
Read More »New York Governor Kathy Hochul has again extended the designation of COVID-19 as a “highly contagious communicable disease” and thereby kept the provisions of the Health and Essential Rights Act (HERO Act) in full force and effect. The designation, now extended to February 15, triggers obligations for New York employers to keep their airborne infectious…
Read More »Regrettably, it seems the broad subject of unionization and what organized labor is doing is becoming a regular feature in Small Regular No Sugar! of late. This week, two more Starbucks stores in the Boston area (now totaling 4 in Boston market) as well as a store in Tallahassee Florida filed for union representation elections…
Read More »Aside from its growing union issues, Starbucks this week reversed course on its own previously announced employee vaccine-or-test mandate after the U.S. Supreme Court rejected the Biden administration vaccine-or-test mandate. Starbucks told employees this week that the company will no longer require its US workers to be vaccinated or undergo weekly testing as it had…
Read More »Through our reporting in Small Regular No Sugar! our subscribers have read of the great work that the Coalition of Franchisee Associations (CFA) does on behalf of member franchisees across the country. With their diligent representation on issues of import to franchisees, CFA has proven its value time and again. Their work is critical to…
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