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Financing

Caribou Coffee trusts its operators and finds a new prototype

The Minneapolis-based coffee chain is making a big bet on its drive-thru concept, one it designed with some assistance from its top operators.

Financing

Coffee chain Blank Street nabs $25M investment

The 14-unit chain, which launched just 14 months ago, operates micro cafes and coffee carts in New York City.

The Minneapolis-based chain on Wednesday launched home delivery for weekly or monthly subscriptions of coffee, tea and ready-to-drink, canned beverages.

The coffee giant is opening a location in Shanghai that will eliminate paper receipts and use reusable cups.

The fast casual is rolling out a coffee subscription at its New York City and Washington D.C. locations, following a successful test in its U.K. units.

The coffee chain’s shares priced at $23, well above its expected range and soared nearly 70% in its debut Wednesday.

The drive-thru coffee chain set terms for its offering, which would give the company a valuation of over $3 billion.

Colectivo Coffee's 440 employees will now be represented by local affiliates of the International Brotherhood of Electrical Workers.

The coffee giant brings back the long-running fall favorite along with a pumpkin-themed cold brew and other treats.

The coffee-and-doughnut chain has been gradually improving, behind cracked eggs, new coffee and a loyalty program.

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