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Starbucks (SBUX) baristas are continuing to strike as part of a planned five-day walkout — which originally started in Los Angeles, Chicago, and Seattle last — over contract negotiations. The walkout caused around 60 stores to close as the strike is expected to expand to more than 300 locations across the US, according to the Starbucks Workers United union.
Morning Brief hosts Brad Smith and Josh Lipton discuss more on the ongoing situation for Starbucks as chairman and chief executive officer Brian Niccol works to address the coffee chain's range of cultural and operational issues.
Catch Yahoo Finance's interview with Starbucks CEO Brian Niccol from November, where the chief executive stated his intent to “fix the parameters” around getting the operating experience for employees to match the customer experience.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Josh Lynch