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Financing

Starbucks new CEO will complete an almost total corporate remake

 By Jonathan Maze on Sep. 06, 2022

The Bottom Line: In naming Laxman Narasimhan to be its next chief executive, Starbucks shows just how much it believes change is needed.

Beverage

5 things to know about Starbucks’ Pumpkin Spice Latte

 By Jonathan Maze on Aug. 29, 2022

The coffee giant unveiled its fall menu, including the new Pumpkin Cream Cold Brew, which goes on sale starting Tuesday. Here are some notable facts about the menu.

Financing

Dutch Bros is willing to sacrifice same-store sales for better operations. Here's why

By Jonathan Maze on Aug. 11, 2022

The drive-thru beverage chain’s same-store sales have been hurt by its aggressive building strategy. But it says it is building overall coffee market share by preventing long lines and poor service.

Beverage

Pumpkin spice season gets off to an earlier start every year

By Patricia Cobe on Aug. 11, 2022

Companies like Dunkin', Krispy Kreme, 7-Eleven and Jamba are getting a jump on fall by introducing their products with the iconic flavor earlier than ever. Why the rush?

Financing

Starbucks’ CEO candidates are apparently on board with its revitalization plan

By Jonathan Maze on Aug. 03, 2022

The Bottom Line: Howard Schultz, the interim CEO, says the company has narrowed its search for his successor. And all are on board with the broad-based changes in operations he plans to reveal next month.

Financing

Customers are apparently not cutting back on Starbucks

By Jonathan Maze on Aug. 02, 2022

Record sales among loyalty members, food sales and cold beverages drove the coffee giant’s performance despite high inflation and “self-induced” problems.

Financing

A persistent Anand Gala takes on Dunn Brothers

By Jonathan Maze on Jul. 28, 2022

The owner of Mooyah Burger and Cici’s Pizza completed its purchase of the Minnesota-based coffee chain last week. But he was eyeing it long before then.

Financing

Inflation may be taking the buzz out of coffee sales

By Jonathan Maze on Jul. 18, 2022

Foot traffic to coffee chains slowed in June, according to Placer.ai, and has fallen below its fast-food restaurants for the first time in a year. Are higher prices to blame?

Operations

Starbucks closes some restaurants, citing safety concerns

By Jonathan Maze on Jul. 12, 2022

The coffee giant also listed several efforts to improve safety inside its stores, including training and closing more stores if necessary.

Financing

Howard Schultz gives some hints about Starbucks’ future

By Jonathan Maze on Jul. 11, 2022

The interim CEO outlined five “bold moves” that will outline the brand’s reinvention, though he provided few details, saying they will come in the next few weeks.

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