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Tag: Starbucks Corp

Starbucks is preparing to reopen cafes

A Starbucks employee wears a facial covering while working the drive-thru during the coronavirus (COVID-19) pandemic on April 07, 2020 in Dallas, Texas. Ronald Martinez | Getty Images Starbucks is preparing to reopen cafes as some U.S. states report that the number of new coronavirus cases has plateaued or even declined.  “As we have experienced in …

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Starbucks shifts to ‘to go’ model, will close some cafes, shorten hours

Starbucks is offering oat milk as a dairy-free option in the Midwest. Source: Starbucks If you need your Starbucks latte, be prepared to grab it to go. The Seattle-based coffee chain said it is taking increased procautions in its stores as more communities, and the federal government, call for increased levels of “social distancing” to …

Starbucks shifts to ‘to go’ model, will close some cafes, shorten hoursRead More

At least 150 companies have warned investors

David Paul Morris | Bloomberg | Getty Images About 150 publicly traded companies have warned investors of the threat COVID-19 poses, with several anticipating they’ll miss guidance for the March quarter.  The new coronavirus was first discovered in December in China. At first, several companies had to suspend their supply chains or temporarily close brick-and-mortar …

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Starbucks introduces new nondairy drinks and tests oat milk

Starbucks is offering oat milk as a dairy-free option in the Midwest. Source: Starbucks Starbucks announced Tuesday that it would introduce oat milk regionally and add two new dairy-free drinks to its U.S. and Canadian menus. Oat milk will be coming to 1,300 cafes in the Midwest, including locations in Illinois, Iowa, Michigan, Minnesota, Missouri …

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Starbucks launches holiday cold brew drink as the iced beverage’s popularity soars

Starbucks Irish Cream Cold Brew holiday drink. Source: Starbucks Starbucks is launching its latest holiday drink on Friday: the Irish Cream Cold Brew. The cold brew, mixed with Irish cream syrup, comes topped with vanilla sweet cream cold foam and cocoa powder. Two years ago, Starbucks’ midseason addition to its holiday lineup was the Christmas …

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McDonald’s is testing a chicken sandwich

McDonald’s teases chicken sandwich to compete with Chick-fil-A and Popeye’s. Source: McDonald’s McDonald’s is entering the chicken sandwich wars. The chain is testing a Crispy Chicken Sandwich in Houston and Knoxville, Tennessee. The sandwich features a fried chicken filet served on a buttery potato roll, topped with butter and pickles. A deluxe version also includes tomatoes, lettuce …

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Here’s why restaurants don’t get the Black Friday boost you’d expect

Black Friday is still expected to be the busiest shopping day of the year. But restaurants don’t necessarily get a spending boost as consumers head out to snag deals. The NPD Group analyzed receipts from a panel of 150,000 customers nationwide and found that last year the big traditional shopping days were not the highest …

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Here’s what restaurants are offering Black Friday deals

Applebees in Times Square, New York Roberto Machado Noa | LightRocket | Getty Images When most people think of Black Friday deals, they picture discounts on electronics, toys or clothing. But restaurant chains also offer their own deals. The National Retail Federation is predicting that 11.6 million consumers will likely shop on Black Friday. More …

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Retail stocks to watch as Macy’s, Target, Kohl’s report mixed earnings

Retail is set to reverse. That’s the call Mark Newton, founder and president of Newton Advisors, made Wednesday on CNBC’s “Trading Nation” after seeing the SPDR S&P Retail ETF (XRT), which tracks the sector’s top stocks, fall more than 3% week to date in the wake of weak earnings reports from Kohl’s and Urban Outfitters. …

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Chobani expands beyond Greek yogurt

Chobani’s new oat milk and oat-based yogurts Source: Chobani Chobani wants to be known for more than just Greek yogurt. The company is branching into oat milk products and coffee creamers. The expansion of Chobani’s portfolio comes as Greek yogurt’s growth has slowed. Protein-packed, low-sugar Icelandic yogurt, also known as Skyr, has stolen some of …

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