Starbucks’ investors want to know about its anti-union efforts

Starbucks’ investors want to know about its anti-union efforts












Starbucks’ investors want to know about its anti-union efforts – RetailWire
































Retail News


CNN


Shareholders at Starbucks’ Annual Meeting voted to approve a proposal to have the board “commission and oversee an independent, third-party assessment of Starbucks’ adherence to its stated commitment to workers’ freedom of association and collective bargaining rights.” The proposal is non-binding but could spur repercussions from shareholders should the board choose to ignore it. “I think it’s pretty clear at this point that a majority of Starbucks investors are concerned about the company’s approach to worker rights,” said Jonas Kron, chief advocacy officer at Trillium Asset Management, which supported the proposal.

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Starbucks’ investors want to know about its anti-union efforts

Kroger slows rollout of automated warehouses












Kroger slows rollout of automated warehouses – RetailWire
































Retail News


Reuters


Kroger remains committed to opening automated warehouses with Ocado even though it has only opened or planned 16 of the 20 it said it planned to open. “They expect to have loads of these warehouses. But when you do something new, you need to make it work really well before you scale it up massively,” said Ocado CEO Tim Steiner.

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Starbucks’ investors want to know about its anti-union efforts

Bed Bath & Beyond needs to sell $300 million in shares to avoid bankruptcy












Bed Bath & Beyond needs to sell $300 million in shares to avoid bankruptcy – RetailWire
































Retail News


Bloomberg


Bed Bath & Beyond’s shares are currently selling for 80 cents apiece. The retailer says it needs to raise $300 million in a stock sale to avoid filing for bankruptcy. Bed Bath & Beyond says it will repay its credit facility and buy merchandise to sell in its stores if it successfully raises the funds it needs.

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Starbucks’ investors want to know about its anti-union efforts

Peanuts, Cracker Jacks and other foods are more expensive at the old ballgame












Peanuts, Cracker Jacks and other foods are more expensive at the old ballgame – RetailWire
































Retail News


CNBC


Food prices are going up at ballparks across America, according to Sodexo Live CEO Belinda Oakley. “It doesn’t matter what industry you’re in, everybody is noticing prices going up, and scarcity being an issue in certain product lines,” she said. “Of course, we were no exception to that.”

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Starbucks’ investors want to know about its anti-union efforts

British court dismisses AutoStore’s patent infringement suit against Ocado












British court dismisses AutoStore’s patent infringement suit against Ocado – RetailWire
































Retail News


Evening Standard


A British court ruled that Ocado did not infringe on two of AutoStore’s warehouse technology patents. AutoStore initially claimed in 2020 that Ocado infringed on six patents. Four of those were invalidated or withdrawn before the London case. “Our fulfillment centres can freely operate in light of this judgment,” said an Ocado spokesperson.

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Starbucks’ investors want to know about its anti-union efforts

Remote worker numbers are hard to pin down












Remote worker numbers are hard to pin down – RetailWire
































Retail News


The New York Times


The Labor Department last week said that 72.5 percent of businesses reported that their employees rarely or never worked remotely last year, nearing the pre-pandemic level of 76.7 percent. Other research, however, shows that more Americans are working from home on a full- or part-time basis. “I see this survey as an outlier and not the most reliable measure,” said Adam Ozimek, chief economist of the Economic Innovation Group. “We need to think hard as we try to develop better measures of working from home.”

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