Continue to Site >>>

coffee

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.”

Leadership

Starbucks names Mellody Hobson non-executive board chair

 By Jonathan Maze on Dec. 09, 2020

The co-CEO of Ariel Investments and current vice-chair will take over for Myron Ullman, who will retire from the coffee chain’s board in March.

Financing

Why Tim Hortons has struggled under RBI

By Jonathan Maze on Dec. 02, 2020

CEO Jose Cil said the company marketed the brand with the wrong mindset and “lost touch with consistency and quality,” says RB’s The Bottom Line.

Financing

Rhone Capital to buy a stake in Illycaffé

By Jonathan Maze on Nov. 24, 2020

The Italian coffee brand said the private equity firm will be able to help its international expansion.

Financing

Pumpkin products propel Starbucks’ recovery

By Jonathan Maze on Oct. 30, 2020

The chain’s same-store sales improved in September, thanks to strong sales of the Pumpkin Cream Cold Brew and big consumer orders.

Financing

Luckin Coffee gets another delisting notice

By Jonathan Maze on Jun. 23, 2020

Nasdaq wants to remove the troubled chain after it failed to file its annual report, the second such notice for the Chinese company.

Financing

Starbucks takes on a changed consumer

By Jonathan Maze on Jun. 18, 2020

By building more drive-thrus in suburbs and changing its urban strategy, the coffee giant is hoping to catch consumers as they use restaurants, says RB’s The Bottom Line.

Financing

Starbucks plans to speed its development of takeout-only stores

By Jonathan Maze on Jun. 10, 2020

The coffee giant plans to close up to 400 locations and replace them with new types of stores in different locations, while the pandemic has cost the chain $3 billion in revenues.

Financing

What will a more remote workforce do to restaurants?

By Jonathan Maze on Jun. 10, 2020

Many concepts, like Starbucks and McDonald’s, were developed on commuting patterns. A more remote workforce would upend those assumptions, said RB’s The Bottom Line.

Financing

Peet’s parent sets terms for its European IPO

By Jonathan Maze on May 26, 2020

The coffee chain, which late last year was merged with fellow JAB Holding-owned Jacobs Douwe Egberts, would be worth more than $17 billion.

  • Page 20