Competitor News

Starbucks is testing coffee ice, that is, frozen Starbucks coffee ice cubes — in about 100 stores in the St. Louis and Baltimore markets for the next 8 weeks. The “coffee ice” can be added to any iced espresso or brewed coffee beverage the company serves, although the barista could probably add the caffeinated ice…

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Competitor News

We noted last week that Starbucks is developing its latest Reserve Roastery in the former flagship Crate & Barrel store on Northern Michigan Avenue in downtown Chicago. Scheduled to open in 2019, the Roastery will total 43,000 square feet on the Magnificent Mile.  It was also reported just yesterday, that Starbucks is planning to expand…

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Competitor News

McDonald’s announced Q1 financials on Tuesday of this week, and its focus on all day breakfast, $1 coffee /$2 espresso drinks and the Big Mac promotion are acknowledged to have gained market share. Their Same Store Sales were up 1.7% as it continues to work its McCafé platform with new advertising and baked goods coming…

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Miscellaneous

Starbucks announced this week that it will begin offering health insurance coverage for the parents of its China employees who’ve been with the company for a minimum of two years. The new benefit limits coverage to parents less than 75 years old and comes as the company looks to double the number of stores in…

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Miscellaneous

At the UBS Global Consumer & Retail Conference yesterday, the Starbucks CFO noted it would continue with its diverse coffeehouse and CPG strategy, planning for 5% comps growth from more food attachment, tea and new product innovation. He also mentioned that they did not see any effect from QSR, C stores and possibly Dunkin’ at all when…

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Miscellaneous

The franchise industry is expected to continue its record growth throughout 2017. According to the Franchise Business Economic Outlook for 2017 released this week by the International Franchise Association, the industry is projected to grow by $35 billion to top out at $710 billion by the year-end. Speaking of the IFA, we want to congratulate…

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Ready to Drink: Boost or Bust for Same Store Sales?

Last year, sales of ready-to-drink coffee continued its meteoric rise—jumping 14 percent to $2.5 billion. It was the fourth straight year of double-digit growth. No Dunkin’ Donuts franchise owner would be surprised to learn that Starbucks controls 75 percent of the ready-to-drink coffee market. It’s why franchisees were generally pleased to hear the news that…

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Cold and Frothy

For as long as people could remember, cold frothy drinks came from the Baskin Robbins side of the house. But, it’s Baskin’s big brother that is bringing nitrogen-infused iced coffee to customers at Dunkin’ Donuts counters in several test markets. Nitro cold brew is the latest innovation sweeping the already hot iced coffee market. Dunkin’…

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Miscellaneous

It appears Starbucks has shut off beer and wine sales in 400 of their stores around the country, apparently ending their two-year experiment with drawing more customers to their shops for evening beverages. The company now plans to focus more of that effort on building the day part base and expanding their new premium Roasteries…

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Miscellaneous

Starbucks was making a lot of news for different reasons this week.  They held their investor day earlier this week and reported that new stores, products and connection worldwide continue to expand.  Further, they report that same store sales are up in the mid-single digit zone (4-6%) and that 50% of the drink mix was…

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