Coffee Shops

New Starbucks Boss Reportedly Pulling Back on Discounted Drinks
New Starbucks Boss Reportedly Pulling Back on Discounted Drinks
October 14, 2024  |  Retail

Discounted drinks are reportedly becoming rarer under the leadership of Starbucks’ new CEO. Brian Niccol became chief executive in August, and the company has since scaled back the...

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Starbucks Turns to Pumpkin Spice Lattes to Perk Up Sales
Starbucks Turns to Pumpkin Spice Lattes to Perk Up Sales
August 24, 2024  |  Retail

As Starbucks struggles with comparable sales declines, the coffeehouse giant is evidently asking, “Maybe the Pumpkin Spice Latte will fix it?” The brand announced this...

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Coffee Subscriptions Can Yield Double-Digit Transaction Growth for QSRs
Coffee Subscriptions Can Yield Double-Digit Transaction Growth for QSRs
January 10, 2024  |  Subscriptions

As more coffee shop chains try out beverage subscriptions to boost traffic, new data suggests that these programs can drive significant increases in customer frequency....

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In-Car Ordering Presents Major Drive-Thru Opportunity for Coffee Shops
In-Car Ordering Presents Major Drive-Thru Opportunity for Coffee Shops
October 16, 2023  |  Consumer Insights

As consumers for increasingly frictionless ways to order the foods and beverages they want, PYMNTS Intelligence finds that there is significant demand to integrate AI-assisted...

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Peace Coffee Perfectly Times Its Pandemic-Fueled Growth
Peace Coffee Perfectly Times Its Pandemic-Fueled Growth
July 29, 2020  |  Retail

The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. But...

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South Korean Bakery Rises To North American Markets
South Korean Bakery Rises To North American Markets
June 08, 2020  |  Retail

“The Starbucks of South Korea” is expanding its footprint in North America. Coming under the unlikely but battle-tested name of Paris Baguette, the casual pastry...

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Sonos Targets Cafes, Coffee Shops For Subscription Services
Sonos Targets Cafes, Coffee Shops For Subscription Services
March 10, 2020  |  Subscriptions

Speaker company Sonos said it plans to begin selling bundles of speakers to businesses in response to purchases already being made by many customers. The initiative...

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Coffee Startup Luckin Plans To Take On Starbucks In China
Coffee Startup Luckin Plans To Take On Starbucks In China
January 04, 2019  |  Retail

Coffee startup Luckin plans to open 2,500 new stores in China this year to overtake Starbucks in the country. “What we want at the moment...

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Coffee Startup Luckin Challenges Starbucks With $200M Investment
Coffee Startup Luckin Challenges Starbucks With $200M Investment
December 12, 2018  |  Investments

A coffee startup in China that’s gunning for Starbucks has raised $200 million in a Series B funding round, bringing the company’s valuation to $2.2...

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