• Wake up and smell the cereal: Dunkin’ expands breakfast offerings

    Wake up and smell the cereal: Dunkin’ expands breakfast offerings

    As if 2020 wasn’t weird enough, Dunkin’ is getting into the cereal game. The Massachusetts-based coffee and donuts empire is releasing two new breakfast cereals based on two of its most popular coffee drinks: Caramel Macchiato and Mocha Latte. The team-up with Post Consumer Brands, the makers of Honey Bunches of Oats, Shredded Wheat, Raisin …
  • Peet’s Coffee puts $2.2 billion IPO on the menu

    Peet’s Coffee puts $2.2 billion IPO on the menu

    Coffee company JDE Peet’s will announce as early as Tuesday its intention to float on the Euronext stock exchange in Amsterdam in a deal that could raise up to 2 billion euros ($2.2 billion), two sources close to the matter said. In what would be a significant boost for the European market for initial public …
  • Starbucks to reopen 85 percent of US stores with new protocols this week

    Starbucks to reopen 85 percent of US stores with new protocols this week

    Starbucks plans to reopen 85 percent of its locations under modified operations and hours across the US by the end of the week, the coffee giant announced. The company’s mobile app — already used by about 20 million customers — will be optimized for voice ordering through Siri, curbside pickup, entryway handoff, and improved drive-thru …
  • Chinese chain Luckin Coffee still can’t catch a break

    Chinese chain Luckin Coffee still can’t catch a break

    Luckin Coffee Chairman Charles Zhengyao Lu and Chief Executive Jenny Zhiya Qian have handed over shares in the embattled Chinese coffee chain to lenders after a company controlled by Lu’s family defaulted on a $518 million margin loan, one of the banks said on Monday. The default comes after Luckin, a major rival to Starbucks …
  • Starbucks baristas push for stores to close due to Chinese virus

    Starbucks baristas push for stores to close due to Chinese virus

    Coffee may feel essential, but in the face of coronavirus it’s putting thousands of Starbucks workers at risk, according to a new petition. Starbucks baristas, managers and other store employees are pushing the java giant to close its stores to protect them from the viral COVID-19 outbreak that’s expected to overwhelm hospitals in infected areas, …