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 week that the drink would be available Thursday (Aug. 22), marking the earliest yet return of the fan favorite, in...
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. According to a recent report from Manchester, U.K. publication Mancunian Matters, citing data from the country’s National Office of Statistics,...
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 in-car ordering into coffee drinkers’ daily routines. By the Numbers According to PYMNTS Intelligence’s report “How Connected Devices Enable Multitasking...
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 sometimes the pre-pandemic plans work out just fine. Such is the case with Minneapolis-based Peace Coffee. Before the pandemic, it...
August 15, 2018
When most people are attempting to catch a flight out of an international airport and want to grab a cup of coffee, their main focus is on speed — they don’t want their caffeine break to cause them to miss their flight. In fact, they don’t take all that much time to observe, or contemplate, […]
April 19, 2018
The Coffee Bean & Tea Leaf is new to mobile order-ahead – but not to the market. The chain, now with 1,200 locations worldwide, was founded in its original form...
October 14, 2024
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 array of discounts it has been offering in the last year, The Wall Street Journal (WSJ) reported Monday (Oct. 14), citing interviews with baristas and Starbucks executives. As the report notes, Starbucks […]
March 10, 2020
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 will focus on a host...
January 04, 2019
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 is scale and speed,” Luckin...
December 12, 2018
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 billion, according to a report....
