More Than 1,000 Starbucks Workers Walk Out On Red Cup Day

Benzinga

More than 1,000 unionized Starbucks workers walked out at 65 stores on Red Cup Day after contract talks stalled, closing multiple locations. The union says the strike could widen with no set end date, while Starbucks maintains most stores are operating normally.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores on Thursday

00:08after contract talks stalled, according to NBC News.

00:11The walkout targeted Red Cup Day and had already closed some locations, with more expected

00:16to shut down later.

00:17The union said the strike would affect stores in 45 cities and could expand with no set

00:22end date if the company does not reach a contract agreement.

00:26Starbucks said most of its 17,000 U.S. locations were operating normally, and that company-owned

00:31stores were on track to meet or exceed sales expectations for the day.

00:36About 550 company-owned Starbucks stores are unionized, and more have voted to join.

00:41The company closed 59 unionized locations in September during a broader reorganization.

00:46For all things money, visit Benzinga.com.

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