Taste Holdings sell Starbucks South Africa stores seeking to exit food business

SOUTH AFRICA – Taste Holdings, licensed operator of Starbucks and Domino’s Pizza in South Africa has sold13 stores of its coffee chain to a consortium, K2019548958 (South Africa) Proprietary Limited, for 7 million rand (US$464,000) […]

Nestlé debuts new Starbucks by Nespresso range in the UK and Ireland

UK – Nestlé has released a new range of Starbucks-branded coffee capsules, called Starbucks by Nespresso, in the UK and Ireland. Starbucks by Nespresso features eight coffee blends, which include Blonde Espresso Roast, Colombia, House […]

Nestle and Starbucks launch Starbucks coffee creamers in the US

USA – Nestle and Starbucks have launched a line of refrigerated creamers under Starbucks brand in the USA as part of the global business alliance. The new Starbucks Creamers are the fourth product platform launched […]

South Africa’s Taste Holdings appoints Dylan Pienaar as new CEO

SOUTH AFRICA – Taste Holdings, South Africa’s licensed operator of Starbucks Coffee and Domino’s Pizza, has appointed its chief operating officer, Dylan Pienaar, as chief executive officer effective. Dylan will replace Tyrone Moodley who stepped […]

Starbucks commits US$100m in new investment fund to support food startups

USA – The world’s leading coffee giant, Starbucks has announced that it is committing US$100 million in a new investment firm, Valor Siren Ventures I L.P. (VSV) to support growth of food and retail startup […]

Starbucks local operator calls off expansion plan amid high operation costs

SOUTH AFRICA – Taste Holdings, the local licensee for Starbucks, has halted its ambitious expansion plans due to high operating costs and tight customer budgets, reports Business Day. Taste Holdings has so far opened 12 […]

Nespresso and Starbucks commit to support Puerto Rico’s coffee sector

PUERTO RICO – The Hispanic Federation, Nespresso, The Rockefeller Foundation, Starbucks, TechnoServe and World Coffee Research, have all made a commitment to support smallholder coffee farmers in Puerto Rico. The Hispanic Federation, together with actor […]

Indian coffee shop SardarBuksh changes name after Starbucks suit

INDIA – Delhi based coffee firm SardarBuksh has agreed to change its name after the Delhi High Court ruled that its name rhymed with that of the American coffee company, Starbucks. SardarBuksh will run its […]

Nestlé and Starbucks successfully close deal for Nestlé’s rights to market Starbucks goods

SWITZERLAND – Nestlé and Starbucks Corporation have announced the closing of the deal granting Nestlé the perpetual rights to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company’s coffee shops. According […]

Starbucks debuts plant-based Protein Blended Cold Brew across the US

USA – The American coffee company and coffeehouse chain Starbucks has released its new plant-based Starbucks Protein Blended Cold Brew on menus nationwide, for customers looking for a new way to refuel. According to the […]