Nearly five years since the first Starbucks location unionised, contract negotiations are still dragging on. Can external pressure from shareholders and human-rights campaigners make a difference?
For paid subscribers: retail coffee prices have soared in recent years, driven by climbing commodity costs and tariff stupidity. Some of those pressures have now started to ease, and yet retail prices continue to rise. Will they ever come down?
The coffee Starbucks news roundup returns. This week:
Starbucks launched its Pumpkin Spice Latte earlier than ever this year, a move Fortune puts down to an attempt to reverse the company’s flagging sales. PSL is the most autumn-coded drink imaginable, and this year’s launch date of August 22, you might have twigged, is the middle of summer. But as Fresh Cup has recently explored, the summerification of PSL is an ongoing trend.
Those aforementioned flagging sales prompted Starbucks to replace its CEO, and the new chief executive Brian Niccol has a pretty cushy gig: a $113 million pay packet and a 1,000 mile corporate jet supercommute from Niccol’s home in Newport Beach to Seattle. It’s fine though, because Starbucks is phasing out its disposable cups by 2030. Everything’s fine.
In non-Starbucks news, coffee was both good and bad for you this week—it was linked to increased skeletal muscle mass, but also to an increased risk of cardiovascular disease.
For all this and more, including a look at San Francisco’s roasting co-ops, read the full roundup over at Fresh Cup Magazine:
I'm a coffee writer and creator of The Pourover. Based in Scotland, I have over a decade of experience in the specialty coffee industry. Ask me about coffeewashing. It's pronounced Fin (he/him)