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Caribou Coffee

Beverage

Holiday cups are the latest weapon in the battle for beverage share

 By Patricia Cobe on Nov. 05, 2025

Starbucks, 7 Brew, Dunkin’, Panera and others just released seasonally themed cups, and they’re being promoted with as much marketing muscle as the holiday drinks they hold.

Leadership

Caribou Coffee names Scott Kennedy CEO

 By Jonathan Maze on Sep. 02, 2025

A former Target executive, Kennedy had been interim CEO of the Minneapolis-based coffee chain since March.

Food

Caribou Coffee partners with celeb chef Christina Tosi to launch Milk Bar treats nationwide

By Patricia Cobe on May 07, 2025

The Minneapolis-based coffee chain introduced three Milk Bar-branded cookies to the permanent menu, surpassing estimated sales by 30% in less than a week.

Leadership

Caribou Coffee CEO John Butcher to step down

By Lisa Jennings on Mar. 03, 2025

CFO Scott Kennedy is named interim CEO for the coffeehouse chain, though Butcher remains an advisor through May. It's the latest in a series of changes at parent company Panera Brands.

Financing

Assessing the mixed track record of the owner of Panera Bread

By Jonathan Maze on Jan. 07, 2025

The Bottom Line: JAB Holdings gobbled up several mostly breakfast and coffee chains from 2012 through 2017. A few of its acquisitions have performed well, but others have stagnated, including the biggest.

Financing

Panera apparently wants to go it alone again

By Jonathan Maze on Jul. 22, 2024

The Bottom Line: The bakery/café chain is reportedly planning to sell Caribou and Einstein Bros. restaurant concepts three years after forming Panera Brands.

Financing

JDE Peet's will take over Caribou's coffee roasting operations

By Jonathan Maze on Jan. 18, 2024

The global coffee maker is buying the coffee chain’s roasting operations and will start supplying coffee for the 800-unit chain.

Leadership

Panera Brands takes another step in its planned IPO

By Jonathan Maze on Sep. 25, 2023

Krispy Kreme CEO Mike Tattersfield, who is stepping down from that position in January, will become the company’s board chairman. Former Starbucks CFO Patrick Grismer will become lead independent director.

Food

Menu launches take on a slower summer pace

By Patricia Cobe on Jul. 26, 2022

Taste Tracker: Cool drinks debut at Applebee’s, Sonic and Caribou Coffee; Velvet Taco and Baja Fresh change up tacos; KFC tests nuggets; it’s a wrap for Arby’s; and more menu news of the week.

Financing

The coffee business goes to the drive-thru

By Jonathan Maze on Jan. 20, 2022

Giants like Starbucks and Domino’s are building more drive-thrus while regional drive-thru chains have exploded. And consumers are flocking to them.

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