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coffee

Financing

Starbucks defends its China strategy, even as rival Luckin surges

 By Jonathan Maze on Jan. 31, 2024

The coffee shop chain expressed confidence in its key China market despite soft sales there. “We are not interested in entering the price war.”

Financing

Starbucks loses the occasional customer

 By Jonathan Maze on Jan. 30, 2024

The coffee giant reported strong results from its loyalty members, who came into its shops more often and spent more in the process. But everybody else was a problem.

Food

Starbucks is taking its olive oil coffee national

By Jonathan Maze on Jan. 29, 2024

The coffee giant will start selling its Oleato beverages throughout the U.S. this week and is adding a new option for good measure.

Financing

Starbucks' U.S. sales apparently took a big hit late last year

By Jonathan Maze on Jan. 25, 2024

The coffee chain’s sales and traffic slowed from October through December, according to the research firm Earnest Insights, the latest evidence of a slowdown.

Financing

After a critical self-assessment, Starbucks pursues a course correction on labor

By Peter Romeo on Jan. 23, 2024

Management says it’s regearing for life as a partially unionized business, in part by improving baristas’ experiences.

Financing

Laxman Narasimhan takes the helm of a changing Starbucks

By Jonathan Maze on Jan. 22, 2024

More than a year into the job, “Laks” is putting his stamp on the coffee giant. His efforts will be critical to the venerable company’s future.

Financing

Starbucks works to keep pace with its customers

By Jonathan Maze on Jan. 19, 2024

Once known for being a “third place” between work and home, the coffee chain has evolved into a convenience-focused giant serving increasingly complex, customized beverages. Keeping pace can be difficult.

Financing

JDE Peet's will take over Caribou's coffee roasting operations

By Jonathan Maze on Jan. 18, 2024

The global coffee maker is buying the coffee chain’s roasting operations and will start supplying coffee for the 800-unit chain.

Financing

How Starbucks is evolving to meet consumer demands

By Jonathan Maze on Jan. 10, 2024

A Deeper Dive: Peter Romeo joins the podcast to discuss Starbucks’ numerous moves and CEO Laxman Narasimhan’s immersion into the culture.

Financing

Dutch Bros overhauls management as it plans more aggressive unit growth

By Jonathan Maze on Jan. 08, 2024

The drive-thru beverage chain named a trio of new executive hires under new CEO Christine Barone. It plans continued aggressive growth but is tweaking that strategy to be more thoughtful.

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