(Bloomberg) -- The National Labor Relations Board rejected Starbucks Corp.’s bid to quash the counting of unionization ballots from three of its upstate New York restaurants, paving the way for a Thursday vote count that could create the first labor foothold among the coffee chain’s thousands of corporate-run U.S. locations.Most Read from BloombergThe World’s Relentless Demand for Chips Turns Deadly in MalaysiaSand and Soldiers Mix as Troops Move In to Protect Cancun TouristsEven in the Metavers
NEW YORK (Reuters) -Starbucks Corp on Tuesday lost its bid with the National Labor Relations Board (NLRB) to delay a union election at three of the coffee chain's locations in Buffalo, New York. The NLRB will count them up on Thursday, but the company had tried to delay the tally with its objection to parts of the election process. The NLRB decision means that a vote count will go forward.
CHWY, OLLI, SBUX, ENS, and FRPT have been added to the Zacks Rank #5 (Strong Sell) List on December 7, 2021.