Starbucks announced this week that it had opened a co-branded store with Amazon Go without any checkout process. The New York City location features Starbucks’ full menu, a variety of food and beverages in the Amazon Go market, and a lounge with workspaces, expanded tables, power outlets, and USB ports. We also noted recently that Panera…
Read More »Dutch Bros entered Wall Street with a boom back in September when it IPO’d on the NYSE. On Monday, Dutch Bros (BROS) was initiated by five restaurant-sell side securities firms, with price targets from $47 to $60. Their core geographic base now is Oregon, Southern WA, Northern CA, and spreading now slowly into the Mountain…
Read More »We noted a story yesterday that had Caribou Coffee joining the ranks of those offering a coffee subscription service. Caribou, which is now owned by JAB Holdings through its Pret Panera Holding Company, is following in the footsteps of sister-company Panera which launched their subscription service over a year ago. While the Panera subscription plan…
Read More »Several weeks ago, it was reported that JAB Holdings had created a Panera Brands platform which includes three of the companys breakfast daypart entities – Panera Bread, Caribou Coffee and Einstein Bros. Bagels. In the wake of the move, speculation is that after private ownership for the past five years, the company is likely to…
Read More »With a strong base of 400 stores in Oregon, Washington and Northern California, Dutch Bros. confirmed this week that it is readying an Initial Public Offering (IPO) to take the company public. They have some company stores but are mostly franchised with drive-thrus. With sales per unit of $1.46 million, the brand’s forte is the…
Read More »Krispy Kreme going public again commanded a good amount of news coverage recently, and rightly so. The North Carolina-based donut chain with about 1500 units nationwide filed an IPO earlier this week looking to raise $100 million through the offering. The company was previously publicly traded until JAB Holdings took it private just 5 years…
Read More »It was announced this week that JAB Holdings, the owner of a number of QSR brands and coffee brands in particular, will be combining some of those coffee brands and taking them public. Specifically, it was reported earlier this week that JAB will merge Peets Coffee with Jacobs Douwe Egberts and issue an IPO for…
Read More »A little over a week ago, North Carolina-based Duck Donuts announced it was expanding to Puerto Rico with the signing of a three-store development agreement with new Puerto Rican franchisees. The 65-unit brand specializes in made-to-order donuts. We also noted that Beijing-based coffee startup company Luckin Coffee, which opened 2,000 units last year and has…
Read More »We noted yesterday a story on JAB Holdings, frequently viewed as a potential purchaser of Dunkin Brands, making another purchase, albeit a small one at less than $500M and possibly buying Insomnia Cookies. The late night brand, which JAB would buy through its Krispy Kreme brand as a way to move the chain more prominently…
Read More »Thursday’s Wall Street Journal had a rare interview with the JAB executives. JAB is the centuries old London based family office and private equity firm that has gotten deep into the US consumer space, especially coffee, since 2012. The interview yields a number of helpful insights into the company and its philosophy with one especially…
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