Miscellaneous

It was bad news all around relative to the restaurant industry economy in the month of July, as both same store sales and traffic both dropped in the height of the summer months and the growth in average ticket slowed to a trickle during the month. SSS fell 2.8 percent during the month, down 1.8…

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Competitor News

Starbucks announced yesterday that it will close all 379 of its Teavana stores over the course of the next year, with many of the underperforming units closing as early as next spring. Additionally, the company has announced that it will purchase the remaining 50 percent stake in its East China joint venture for $1.3 billion…

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Competitor News

With sales sluggish and flatter across much of the QSR sector, Starbucks is expanding its use of nitrogen-infused coffee as one of the lures to spike higher customer counts and comparable sales. The foamy brew will not yet be in all Starbucks markets, but it is being expanded both nationally as well as in the…

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Competitor News

The big news again this week from Dunkin’ competitors would seem to be news of Tim Horton franchisees being fed up with some of the actions of their franchisor, Restaurant Brands International, which bought the chain back in 2014. The Great White North Franchisee Association (GWNFA), which was recently formed to represent the interests of…

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Competitor News

Starbucks continues to expand its presence in meals sales and is now testing Snap Kitchen products in 5 stores within the Houston market. Snap Kitchens, based in Texas, specializes in healthier grab-and-go meals. Under new CEO Kevin Johnson, the company will be expanding the Snap Kitchen test to other areas soon, while at the same…

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Miscellaneous

Amidst all this talk (and legislative activity) about increasing wages and protecting workers, We couldn’t miss the irony of a story from a few weeks reporting that a class action lawsuit has been filed against the Democratic National Committee on behalf of 40-50 “field organizers” who allege that they were denied overtime compensation and minimum…

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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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