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 »So last week, we reported on Starbucks Chairman Howard Schultz announcing he’s leaving the company after 40 years amid declining sales numbers along with the planned closing of 150 Starbucks in the US over the next year. This week, it is reported that CFO Scott Maw will also be leaving the company later this year…
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