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About Seven Stars

Seven Stars (세븐스타즈) is a global business group engaged in manufacturing, IT, marketing, entertainment, and other areas.

Seven Stars Headquarter Location

South Korea

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Latest Seven Stars News

Seven Stars Bakery agrees to recognize union

Jun 20, 2022

By Seven Stars Bakery has agreed to recognize a union representing employees at all of its five locations, the local café chain told Providence Business News on Monday. COURTESY RHODE ISLAND COMMUNITY FOOD BANK PROVIDENCE – Seven Stars Bakery has agreed to recognize a union representing employees at all five of its locations, the local café chain told Providence Business News on Monday. “In response to the request made to us by an overwhelming majority of our café full and part time hourly employees, this morning we agreed to voluntarily recognize UFCW Local 328 as their exclusive representative,” Seven Stars wrote in a statement. The union will represent employees across all of the café’s locations. Seven Stars has three locations in Providence, one in East Providence and one in Cranston. Seven Stars Bakery is co-owned by Tracy and Bill Daugherty. - Advertisement - UFCW announced earlier this month that employees at the bakery’s three Providence locations had filed a request for voluntary recognition, and on June 17, workers in East Providence joined them in this call. In a letter to the Daughertys released on June 10, organizing employees wrote that they hoped to work with management to rebuild the café’s “high standards and rich culture while ensuring a more equitable and fair workplace for all.” The recognition comes alongside a wave of unionizations at Starbucks Coffee locations around the country, with the workers at the Pace Avenue in Warwick location currently awaiting results on their union vote. As of June 15, the tally was 9-8 in favor of a union, but two contested ballots remain contested and under review by the National Labor Relations Board. Seven Stars met with United Food and Commercial Workers International Local 328 and had several productive conversations prior to issuing the recognition, the café said in the statement. “We look forward to working with the union to continue to make Seven Stars Bakery cafés a great place to work for great people who care about their customers and fellow employees,” the statement said. Jacquelyn Voghel is a PBN staff writer. You may reach her at Voghel@PBN.com. Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber. TAGS

Seven Stars Acquisitions

1 Acquisition

Seven Stars acquired 1 company. Their latest acquisition was SILKROAD on December 28, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/28/2018

$99M

Acquired

1

Date

12/28/2018

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

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