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Beverages

Financing

Brazilian açaí chain Oakberry raises $67M to fuel U.S. expansion

 By Heather Lalley on Jan. 02, 2024

Founded in 2016, the quick-service bowl-and-smoothie chain said it plans to have more than 200 U.S. stores by 2026.

Financing

Tropical Smoothie Café is apparently planning a $2B sale

 By Jonathan Maze on Dec. 21, 2023

The smoothie chain is reportedly exploring a sale for as much as $2 billion, the latest indication of a warming restaurant M&A market.

Beverage

In-N-Out expands menu with 2 new options

By Patricia Cobe on Dec. 21, 2023

Lynsi Snyder, CEO of the secretive burger chain, shared news of the beverage additions on Instagram.

Financing

Can McDonald's succeed with its CosMc's experiment?

By Jonathan Maze on Dec. 20, 2023

The Bottom Line: The test of the drive-thru beverage concept has generated a huge amount of attention and interest. But its ability to become a real competitor in the beverage market will depend on how it does in two years.

Financing

Why McDonald's wants a bigger piece of the beverage business

By Jonathan Maze on Dec. 13, 2023

The Bottom Line: The specialty beverage business generates $100 billion a year worldwide. It’s also profitable and its customers are loyal.

Beverage

Taco Bell chills out with new frozen coffees and shakes

By Patricia Cobe on Dec. 12, 2023

Two locations in California are testing Coffee Chillers and Churro Chillers for a limited time.

Financing

With CosMc's, McDonald's shows its risk-taking side

By Jonathan Maze on Dec. 08, 2023

The Bottom Line: The first unit of McDonald’s opened to long lines in its first two days. The concept proves that the company can get attention. And it’s willing to take some chances.

Financing

Check out McDonald's new concept, CosMc's

By Jonathan Maze on Dec. 06, 2023

The fast-food giant says plans to open its drive-thru beverage brand in Illinois this month, with nine more in Texas by the end of 2024.

Beverage

Panera Bread's Charged Lemonade blamed for second death

By Lisa Jennings on Dec. 05, 2023

The family of Florida resident David Brown filed a lawsuit Monday saying the fast-casual chain neglected to warn vulnerable consumers about caffeine levels in the beverage.

Food

Outback riffs on two core items—steak and onions—for 'Steakmas Season' menu

By Patricia Cobe on Nov. 28, 2023

The holiday lineup is all about indulgence on the food side, but beverage innovation shares equal status with culinary when it comes to menu promotions.

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