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coffee

Financing

Fast-growing Chinese chain Luckin Coffee files for a U.S. IPO

The Starbucks competitor wants to raise $100 million, says RB’s The Bottom Line.

Operations

Panera eyes new tap-and-go setup for coffee sales

The chain will test new technology to streamline a.m. service, part of a larger push to provide more convenience and higher-quality items.

Cold is hot among caffeine-seeking consumers.

He helped turn the coffee and doughnut chain into a Canadian icon.

Luckin Coffee, which was founded in 2017, is poised to have 4,500 units in China by the end of this year, says RB's The Bottom Line.

The coffee chain plans to expand the kombucha brand’s presence in grocers and in its shops.

A host of innovations are being tried to divert single-use hot-drink containers from landfills, from cup sharing to “clever cups” that can order and pay for a refill. Here’s a sampling.

But both brands have seen same-store sales slowdowns in recent years, says RB’s The Bottom Line.

Bill DiPaola was named chief operating officer and Leslie Monson was named CMO of the operator of PJ’s Coffee.

Forced limitations on what retailers can sell are likely to put more ready-to-eat foods on the menu.