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00:03Starbucks faces renewed labor unrest as unionized baristas at stores in at least 25 U.S. cities plan to strike Thursday,
00:10coinciding with the company's Red Cup Day sales event.
00:13According to the BBC organized by Starbucks Workers United, the walkout demands higher pay and increased staffing.
00:19Saying new back-to-Starbucks turnaround policies have worsened workloads,
00:23CEO Brian Neal, who joined last year after leading turnarounds at Chipotle and Taco Bell,
00:27has launched a $500 million plan to boost staffing and training while reviving the brand's coffeehouse appeal.
00:35Global same-store sales rose 1% last quarter, though U.S. sales were flat.
00:40Starbucks says the strike will not disrupt most of its 10,000 U.S. stores.
00:44For all things money, visit Benzinga.com.
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