Starbucks introduces automated ordering plans and new coffee equipment to improve efficiency

Starbucks Chairman and CEO Howard Schultz speaks during the annual shareholder meeting in Seattle, Washington on March 22, 2017. Jason Redmond | AFP | Getty Images Starbucks on Tuesday introduced its plans for automated in-store ordering, new coffee-making equipment and an expanded loyalty program as part of its drive to reinvent itself and better adapt … Read more

Starbucks will unveil its “reinvention” strategy at Investor Day on Tuesday

CEO of Starbucks Howard Schultz in New York. Steve Ferman | Getty Images Starbucks set to unveil reinvention plan on Tuesday as coffee giant grapples with changing consumer behavior, outdated store designs and a U.S. union push The strategy is the brainchild of outgoing interim CEO Howard Schultz, who returned to the role in the … Read more

Gatorade adds caffeine to its lineup with Fast Twitch energy drink

Fast Twitch, from the creators of Gatorade Source: PepsiCo Gatorade enters the energy drink category with a caffeinated spinoff called Fast Twitch. It still represents another example of beverage companies blurring the lines between beverage categories, looking to leverage existing brand loyalty while entering fast-growing categories. The parent company of Gatorade, PepsiCohas already expanded Mountain … Read more

US McDonald’s chef says California fast food bill unfairly targets big chains

A sign is displayed outside a McDonald’s restaurant on April 28, 2022 in San Leandro, California. Justin Sullivan | Getty Images McDonald’s boss On Wednesday, the United States publicly criticized a landmark California bill that would give the state more control over the wages of fast-food workers, saying it unfairly targets big chains. The remarks … Read more

Starbucks asks labor board to suspend union elections by mail-in ballot, alleging misconduct in voting process

A sign is seen as activists take part in an event dubbed the Un-Birthday Party and Picket Line for Starbucks CEO Howard Schultz on July 19, 2022 in New York City. Activists gathered near Schultz’s West Village home on his 75th birthday to protest the treatment of Starbucks workers who try to unionize, as well … Read more

McDonald’s and Chipotle say customers dwindle and visit less often as inflation hits budgets

McDonald’s and Chipotle Mexican Grill say inflation-pressed customers are choosing cheaper menu items and visiting their restaurants less often, signaling trends that could affect the entire restaurant industry. The two companies were among the first restaurant chains to report their second quarter results. wing stop, Starbucks and owner of Taco Bell Yum Brands are all … Read more

McDonald’s and Chipotle say customers dwindle and visit less often as inflation hits budgets

McDonald’s and Chipotle Mexican Grill say inflation-pressed customers are choosing cheaper menu items and visiting their restaurants less often, signaling trends that could affect the entire restaurant industry. The two companies were among the first restaurant chains to report their second quarter results. wing stop, Starbucks and owner of Taco Bell Yum Brands are all … Read more