The coffee maker is selling a 60% stake in the business to Boyu Capital.
Starbucks Workers United said 92% of its members voted to authorize the unfair labor practice strike, which comes just ahead of Starbucks' promotional Red Cup Day on Nov. 13.
The union said workers are prepared to strike if a contract is not finalized by Nov. 13, which is the company's Red Cup Day, and strike actions could hit more than 25 cities and escalate if there is a lack of progress.
| Restaurants Industry | Consumer Cyclical Sector | Brian R. Niccol CEO | LSE Exchange | US8552441094 ISIN |
| US Country | 361,000 Employees | 14 Nov 2025 Last Dividend | 9 Apr 2015 Last Split | 26 Jun 1992 IPO Date |
Starbucks Corporation, along with its subsidiaries, serves as a leading roaster, marketer, and retailer of coffee on a global scale. Operating since 1971 with its headquarters in Seattle, Washington, Starbucks has grown into a prestigious brand synonymous with premium coffee and tea products. The company's operations are divided into three main segments: North America, International, and Channel Development. Starbucks has made a notable impact on the coffee industry, not only through its vast number of stores but also via licensed outlets and partnerships in grocery and foodservice sectors. With a commitment to quality and innovation, Starbucks continues to expand its global footprint, bringing unique coffee experiences to customers worldwide.
Starbucks Corporation offers a wide range of coffee and tea-related products and services, catering to diverse customer preferences and dietary needs. The company's offerings include:
In addition to these direct consumer offerings, Starbucks also licenses its trademarks for branded stores and for a variety of grocery and foodservice accounts, allowing a wider audience to enjoy Starbucks products outside of the traditional café setting. The company's product portfolio is marketed under several well-recognized brand names, including Starbucks Coffee, Teavana, Seattle's Best Coffee, Ethos, Starbucks Reserve, and Princi, further demonstrating its broad appeal and commitment to quality.