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IPOs by JDE/Peet’s and Krispy Kreme, and perhaps Panera Bread, signal a major shift in strategy for a firm many thought had long-term aspirations, says RB’s The Bottom Line.
What was a trickle a couple of years back has turned into a deluge, with milk made from oats, nuts and more flooding the market.
Restaurants are driving consumer interest with lots of new launches.
The coffee chain, which late last year was merged with fellow JAB Holding-owned Jacobs Douwe Egberts, would be worth more than $17 billion.
The newly created JDE Peet’s also named several new directors.
JAB Holding believes the merger would create a global coffee and tea powerhouse and expects an offering next year.
These limited-time offers are differentiating the menu at restaurant chains.
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It’s not just drinks driving sales at coffee shops.
The family controlling JAB Holding Co. acknowledges that an earlier version of the company used slave labor during World War II and that two predecessors were guilty of unprosecuted war crimes.