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Financing

Starbucks reveals plans for $450M in store upgrades and faster U.S. growth

 By Jonathan Maze on Sep. 13, 2022

The coffee giant will add new equipment, training and employment benefits to improve efficiency and generate more sales. But it also plans to build another 2,000 domestic locations.

Marketing

Starbucks expands its loyalty program to Web3

 By Jonathan Maze on Sep. 12, 2022

The coffee giant will integrate non-fungible tokens, or NFTs, into Starbucks Rewards, which will give customers new ways to engage with the brand.

Financing

Starbucks generates consistent sales growth, but it’s fixing things anyway

By Jonathan Maze on Sep. 09, 2022

The Bottom Line: Interim CEO Howard Schultz says the company’s coffee shops are over-capacity. Sales numbers suggest he has a point.

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.

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