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Starbucks U.S. sales recovered last quarter

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


Luckin Coffee gets new investors, even as its auditor resigns

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

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

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

The Jimmy John’s founder along with Lone Star Steak House Founder Jamie Coulter have bought a majority stake in the nine-unit Seven Brew Drive-Thru Coffee.

The coffee giant’s investors rejected its advisory “say-on-pay” proposal amid concerns about a $50 million retention bonus to CEO Kevin Johnson.

The Chinese coffee chain, which filed for bankruptcy last week, holds some key lessons for U.S. restaurants, says RB’s The Bottom Line.

The coffee chain's new app was popular when it was introduced two weeks ago with almost no fanfare.

The Chinese coffee chain, which faked much of its customer traffic, filed for Chapter 15 debt protection in New York.

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

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