McDonalds reported healthy same store sales for its 4th quarter with US store SSS coming in at +4.5%, yielding a total increase in US SSS of 5.3% for all of calendar 2017. The Golden Arches credited their less expensive value menu (in particular, the McPick 2 platform) for much of the improvement. The irony, of…
Read More »JAB Holdings this week completed their acquisition of Kuerig Green Mountain and in so doing, consolidated their position in the world of coffee. In addition to the new acquisition, the privately-owned JAB Holdings now has within their corporate family, the following companies: Caribou Coffee, Peet’s Coffee & Tea, Jacobs Douwe Egberts, Bach Espresso, Bravo, Einstein…
Read More »The big coffee news this week included the fact that Keurig Green Mountain was being acquired for just under $14 billion by JAB Holding Co. Just in the past few years, the company has acquired Peet’s Coffee & Tea, Caribou Coffee, Einstein Bagles, Stumptown Coffee Roasters and Intelligensia Coffee. Bloomberg reports that the company has…
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