coffee

Technology

Dutch Bros hopes its app launches a digital transformation

The coffee chain's new app was popular when it was introduced two weeks ago with almost no fanfare.

Financing

Luckin Coffee declares bankruptcy in the U.S.

The Chinese coffee chain, which faked much of its customer traffic, filed for Chapter 15 debt protection in New York.

The coffee chain said the shift to plant-based products has been “dominant” and is testing a location with nothing but plant-based food.

More mobile ordering and strong drive-thru performance are also helping the coffee giant’s sales recover from the pandemic.

The coffee giant’s chief operating officer is stepping down next month to take the CEO job at Walgreens.

Charger Investment Partners has completed a growth investment in the Utah-based chain.

The chain has a lot more drive-thru locations in the U.S., which helped it recover more quickly during quarantine, says RB’s the Bottom Line.

The company is working with the State of Washington on scaling vaccine efforts.

The coffee giant’s Community Resilience Fund will aid small businesses and community projects that promote racial equity and “environmental resilience.”

The Chinese coffee chain, which traded in the U.S., fabricated more than $300 million in sales, inflating its growth by as much as 45%.

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