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coffee

Financing

Laxman Narasimhan gets $8.8M to take the Starbucks CEO job

The coffee giant’s “CEO elect,” who takes over the full-time job in April, received a sign-on bonus and stock awards. Howard Schultz, the interim CEO, was paid $1.

Technology

Starbucks is doubling down on coffee delivery

The coffee giant is expanding its deal with DoorDash nationwide and expects delivery to be available in all 50 states by March.

The drive-thru beverage chain is taking a page out of Domino’s playbook and building more locations to ease capacity restraints. But Wall Street is not entirely convinced.

Technomic’s survey ranks the concepts that serve coffee drinkers’ favorite brews. Surprise—not all specialize in coffee.

The coffee chain is launching a variety of initiatives aimed at reducing waste, including eliminating plastic cutlery in its Canadian restaurants.

The Bottom Line: The coffee chain’s parent company still believes the brand can work south of the Canadian border, but it first had to change.

A Deeper Dive: RB editors Jonathan Maze and Peter Romeo debate whether the coffee giant has been successful in its effort to slow a union drive and discuss the SBA and a rail strike.

The former CEO of True Food Kitchen and ex-Starbucks executive will take over company operations as it targets 4,000 locations.

Spanning three floors, the newest Reserve location offers a full-service restaurant, craft cocktail bar, private dining rooms, an experience lounge and a host of unique interactive workshops.

As menu prices climb, this chain of micro cafes is positioning as a more-affordable alternative, hoping to become a daily ritual for Gen Z and Millennials.

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