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coffee

Leadership

Starbucks names John Culver COO

 By Jonathan Maze on Jun. 15, 2021

The longtime company veteran takes over for Roz Brewer, who is now the CEO of Walgreen’s. Michael Conway will take over as president of international.

Financing

Starbucks could name a sports stadium

 By Jonathan Maze on Jun. 14, 2021

The coffee giant has applied to register its name as a trademark for an athletic facility, prompting speculation it could join the list of restaurants putting their names on arenas.

Operations

Starbucks to bring back reusable cups

By Jonathan Maze on Jun. 08, 2021

With the pandemic easing, the chain will let customers bring reusable cups starting June 22 in a bid to reduce waste.

Financing

Krispy Kreme is planning an IPO

By Jonathan Maze on May 04, 2021

The doughnut chain, which was taken private in 2016, has confidentially filed with federal regulators for an initial public offering.

Financing

Dutch Bros Coffee is reportedly considering an IPO

By Jonathan Maze on May 04, 2021

The company, backed by the private equity group TSG Consumer Partners, called a Bloomberg report of a potential offering this year “pure speculation.”

Financing

China gives Tim Hortons a warm welcome

By Jonathan Maze on May 03, 2021

The Canadian coffee-and-doughnuts chain already has 200 locations in the country and new investors as it looks to further its global expansion.

Financing

Starbucks U.S. sales recovered last quarter

By Jonathan Maze on Apr. 27, 2021

The chain’s same-store sales grew over 2019 levels thanks entirely to higher check averages as customers ordered more items per visit.

Financing

Luckin Coffee gets new investors, even as its auditor resigns

By Jonathan Maze on Apr. 15, 2021

The Chinese coffee chain, still working its way through an accounting scandal and a debt restructuring, received a $250 million infusion.

Marketing

Starbucks will start letting you borrow reusable cups

By Jonathan Maze on Apr. 06, 2021

The chain is testing a “Borrow-A-Cup” program at five stores in Seattle as part of an effort to reduce overall waste.

Financing

Seven Brew believes its experience can change drive-thru coffee

By Jonathan Maze on Mar. 25, 2021

The nine-unit chain, which just sold a majority stake to Jamie Coulter and Jimmy John Liautaud, is planning a massive expansion.

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