SOC in the News December 6, 2022

Starbucks Gift Cards Are Kind of a Scam—Here’s Why

You may not believe in ghosts but Starbucks‘ financials sure do. The massive Seattle-based coffee firm made over $200 million worth of revenue this year thanks to an incredibly large contingent of phantom customers due to unused gift cards.

Whether as a corporate giveaway, stocking stuffer, or casual everyday gift, everyone has been given a Starbucks gift card at some point—but a shockingly large percentage of people apparently forget to ever redeem their coffee cash.

Read the full report in Eat This, Not That. 

Millions of people must unite into a strong, reinvigorated labor movement.

If you think it’s time for hard work to be rewarded and valued again in America, and that we need to stop corporate greed, you’re at the right place. Enter your information for ways to get involved.