Starbucks Strike Escalates as Protests Target Supply Chain
Starbucks (NASDAQ: SBUX) shares ROSE over 4% Friday despite escalating labor protests disrupting its East Coast distribution network. Baristas shifted tactics from store pickets to blockading the company's largest Northeastern distribution center in York, Pennsylvania. Protesters impeded delivery trucks with banners reading 'Grind to a Halt,' signaling intensified pressure on the coffee giant's logistics.
The company maintains 99% of its 17,000 U.S. locations remain operational. Market reaction suggests investors view the disruption as contained, with the stock rebound reflecting confidence in Starbucks' ability to mitigate supply chain impacts.