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coffee

Financing

Starbucks is making a big bet on plants

 By Jonathan Maze on Feb. 03, 2021

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

Financing

Starbucks on track for recovery, thanks to its loyal customers

 By Jonathan Maze on Jan. 27, 2021

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

Leadership

Roz Brewer is leaving Starbucks

By Jonathan Maze on Jan. 26, 2021

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

Financing

Investment firm buys a stake in Beans & Brews Coffeehouse

By Jonathan Maze on Jan. 22, 2021

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

Operations

Starbucks will help distribute the vaccine in its home state

By Jonathan Maze on Jan. 19, 2021

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

Financing

Dunkin’ had one huge advantage over Starbucks during the pandemic

By Jonathan Maze on Jan. 19, 2021

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.

Marketing

Starbucks investing $100M to advance equity in its communities

By Jonathan Maze on Jan. 12, 2021

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

Financing

Luckin Coffee agrees to $180M SEC fine to settle fraud allegations

By Jonathan Maze on Dec. 17, 2020

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%.

Financing

Starbucks is taking a break on Happy Hour promotions

By Jonathan Maze on Dec. 15, 2020

The coffee giant decided to pause the promotion out of concern for the safety of its workers.

Financing

Starbucks expects to pay all its workers $15 an hour within three years

By Jonathan Maze on Dec. 10, 2020

The company said 30% of its workers already make more than that, and the rest should make it within “two to three years.”

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