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Fast-growing Luckin Coffee admits to a massive fraud

 By Jonathan Maze on Apr. 02, 2020

The tech-centric coffee chain out of China said it fabricated some of its transactions last year.

Financing

Starbucks is giving employees extra pay for the next month

 By Jonathan Maze on Mar. 22, 2020

Workers who continue to come to work at the chain’s open locations will get an extra $3 an hour in "service pay" through April 19.

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Starbucks is closing access to its cafes

By Jonathan Maze on Mar. 20, 2020

The coffee chain is going to a drive-thru-only model for at least two weeks and will pay workers for the next 30 days whether they come to work or not.

Financing

Dunkin’ is giving franchisees royalty relief

By Jonathan Maze on Mar. 19, 2020

The company is extending royalty and ad fund payments to help operators conserve cash.

Financing

Starbucks to eliminate seating and close some stores

By Jonathan Maze on Mar. 15, 2020

The chain is going to a takeout-only model to reduce the spread of the coronavirus as chains focus increasingly on drive-thru and delivery.

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Struggling Tim Hortons vows to turn it around

By Jonathan Maze on Feb. 10, 2020

Parent company Restaurant Brands International is devoting time to a brand that has generated “disappointing results” in recent quarters.

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Plant-based meat helps lift Dunkin’s sales

By Jonathan Maze on Feb. 06, 2020

The chain reported its best same-store sales in six years, thanks in part to Beyond Sausage, but traffic is still down.

Financing

Dunkin’ to close 450 Speedway locations

By Jonathan Maze on Feb. 06, 2020

The company has reached an agreement with the convenience store chain to close the units by the end of this year.

Financing

Why HMSHost ended its exclusive deal with Starbucks

By Jonathan Maze on Feb. 05, 2020

The restaurant operator opted out of a nearly 30-year arrangement as demands for airport concessions evolve.

Financing

Peet’s parent company names Scott Gray CFO

By Jonathan Maze on Feb. 05, 2020

The newly created JDE Peet’s also named several new directors.

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