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Starbucks expands its food donation program

The company also said it is donating $1.7 million to 16 food banks across the U.S. where it has community stores.

Operations

These are the biggest coffee chains in the U.S.

A look at the coffee sector, which had a difficult 2020, according to the Technomic Top 500 Chain Restaurant Report.

The plant-based product is available in just a handful of states, but the coffee chain said it continues to work with Beyond Meat.

The coffee chain said that it has confidentially filed documents for an initial public offering, the second restaurant chain to do so this year.

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.

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.

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

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

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

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

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