The CEO of Starbucks could reportedly face tough questions from investors at the coffee chain’s upcoming meeting. This week marks Starbucks’ investor day, the first such event since Laxman Narasimhan became chief executive, as Bloomberg News reported Wednesday (Nov. 1). “Laxman has talked about ‘re-founding’ the business,” Sharon...
As consumers look for more affordable alternatives to their day-to-day small luxuries, The J.M. Smucker Company is stepping up its at-home coffee offerings, providing lower-priced alternatives to coffee shops. In prepared remarks accompanying the food and beverage manufacturer’s first-quarter earnings release Tuesday (Aug. 29), Mark Smucker, the company’s...
British sandwich and coffee chain Pret A Manger is set to expand its monthly coffee subscription service to the United States and France, according to a Thursday (Aug. 24) press release emailed to PYMNTS. The move comes after the service’s success in the United Kingdom, where...
As restaurants look to expand their reach to more parts of consumers’ day-to-day routines, many fast-food chains are getting into consumer-packaged goods (CPG). Take, for example, the coffee aisle, which is filling up with restaurant brands. Tim Hortons, the North American coffee chain with more...
April 27, 2021
Subscription boxes thrive when the product can become an essential part of consumers’ daily, weekly or monthly routines. No surprise then, given how many people start every day with a cup of coffee, and given that 83 percent of American adults identify themselves as at least “sporadic” coffee drinkers, that the beverage has become a […]
May 16, 2019
Take a minute and think of the morning rush at a favorite coffee shop. The beverages roll off what amounts to an assembly line before landing on the far counter....
January 10, 2019
“Easier said than done” is a saying that can apply to many things: running a marathon, losing those last five pounds, eating dinner every night before 7:00 p.m. Creating an...
April 10, 2024
Starbucks is rolling out new store design features as it adds locations and renovates existing ones. During the current fiscal year that ends in October, the company plans to add 650 stores and renovate 1,000 others, Bloomberg reported Wednesday (April 10). Starbucks has more than 16,300 stores today and aims to have 20,000 in the longer term. […]
November 01, 2023
The CEO of Starbucks could reportedly face tough questions from investors at the coffee chain’s upcoming meeting. This week marks Starbucks’ investor day, the first such event since Laxman Narasimhan...
August 24, 2023
British sandwich and coffee chain Pret A Manger is set to expand its monthly coffee subscription service to the United States and France, according to a Thursday (Aug. 24) press release...
August 22, 2021
Coffee shop Dutch Bros has announced it has filed for a registration statement for an initial public offering (IPO), a press release says. Dutch Bros was founded in 1992, and...
