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Financing

Laxman Narasimhan takes the helm of a changing Starbucks

 By Jonathan Maze on Jan. 22, 2024

More than a year into the job, “Laks” is putting his stamp on the coffee giant. His efforts will be critical to the venerable company’s future.

Financing

Starbucks works to keep pace with its customers

 By Jonathan Maze on Jan. 19, 2024

Once known for being a “third place” between work and home, the coffee chain has evolved into a convenience-focused giant serving increasingly complex, customized beverages. Keeping pace can be difficult.

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.

Financing

How Starbucks is evolving to meet consumer demands

By Jonathan Maze on Jan. 10, 2024

A Deeper Dive: Peter Romeo joins the podcast to discuss Starbucks’ numerous moves and CEO Laxman Narasimhan’s immersion into the culture.

Financing

Dutch Bros overhauls management as it plans more aggressive unit growth

By Jonathan Maze on Jan. 08, 2024

The drive-thru beverage chain named a trio of new executive hires under new CEO Christine Barone. It plans continued aggressive growth but is tweaking that strategy to be more thoughtful.

Leadership

As vandalism grows and questions mount, Starbucks CEO condemns violence

By Jonathan Maze on Dec. 19, 2023

Laxman Narasimhan did not mention Israel or Hamas by name when, in a letter on Tuesday he said that “misinformation” about Starbucks’ position has helped lead to vandalism at its stores. “We stand for humanity.”

Consumer Trends

Breakfast visits up as more workers return to the office

By Patricia Cobe on Dec. 15, 2023

Consumers purchased breakfast at restaurants more frequently over the past year and the biggest spenders were men.

Operations

Labor groups nominate 3 to the Starbucks board

By Jonathan Maze on Nov. 22, 2023

The Strategic Organizing Center, a coalition of labor groups, is targeting the coffee giant’s board, arguing that the company’s fight against unions hurts the brand.

Beverage

Starbucks' global locations offer unique takes on holiday beverages

By Patricia Cobe on Nov. 21, 2023

From a Chestnut Praline Latte in the Caribbean to Japan’s Strawberry Merry Cream Frappuccino, stores in different parts of the world celebrate with seasonal drinks that reflect the culture.

Financing

Joe & the Juice has a new majority owner

By Lisa Jennings on Nov. 13, 2023

Investment firm General Atlantic has agreed to take a majority stake in the global coffee, juice and sandwich chain with plans to expand franchising.

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