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Tag: Starbucks

Starbucks commits US$50m to advance its sustainability commitments, scale innovation

March 18, 2023March 18, 2023

US – American multinational chain of coffeehouses, Starbucks Corp, is set to advance its ambitious target to cut its water…

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Beverages Investments & Funding News LATEST NEWS Sustainability WORLD NEWS 

Starbucks suspends tea purchases from James Finlay’s tea estate in Kenya over sex for work scandal

February 24, 2023February 24, 2023

KENYA – Multinational coffeehouse chain Starbucks has suspended the purchase of tea from James Finlay & Co, the second-largest tea…

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AFRICAN NEWS Agriculture & Agribusiness LATEST NEWS Tea, Coffee & Cocoa 

Tata Coffee Q3 net profits fall by 44.71 as Starbucks expands US delivery partnership with DoorDash Inc

January 30, 2023January 30, 2023

INDIA – Tata Coffee, a subsidiary of the Tata Group, has reported a 44.71 percent decline in quarter-3 consolidated net…

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Financials & Economy LATEST NEWS Tea, Coffee & Cocoa WORLD NEWS 

Starbucks to divest Seattle’s Best Coffee brand to Nestlé

October 19, 2022October 19, 2022

SWITZERLAND – Coffee giant Starbucks plans to divest its Seattle’s Best Coffee brand to Swiss multinational food and drink processing…

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Beverages Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions Tea, Coffee & Cocoa WORLD NEWS 

Starbucks names Laxman Narasimhan to steer business to more profits

September 2, 2022September 3, 2022

US – American multinational coffee chain, Starbucks has appointed the outgoing head of Reckitt Benckiser, Laxman Narasimhan as its next…

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Dairy & Infant Foods LATEST NEWS People News WORLD NEWS 

#SoberThursday: New beverage products from Yerbae, PepsiCo, Dole Packaged Foods, Starbucks

August 25, 2022August 25, 2022

GLOBAL – #SoberThursday this week features new alcohol-free products from Yerbae, PepsiCo, Dole Packaged Foods, and Starbucks. Yerbae’s surprise to…

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Beverages LATEST NEWS WORLD NEWS 

Starbucks pulls the plug on Russian operations 15 years after entry

May 24, 2022May 24, 2022

RUSSIA – Starbucks, the world’s largest coffeehouse chain, is exiting the Russian market and will no longer have any brand…

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Dairy & Infant Foods LATEST NEWS WORLD NEWS 

Howard Schultz returns to Starbucks as Interim CEO following departure of Kevin Johnson 

March 17, 2022March 17, 2022

USA — Long-serving chief executive officer of Starbucks Howard Schultz has returned to succeed Kevin Johnson who is retiring after…

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LATEST NEWS People News Tea, Coffee & Cocoa WORLD NEWS 

Mcdonald’s leads other big food brands in suspending Russian operations 

March 9, 2022March 9, 2022

RUSSIA – American multinational fast-food corporation has decided to temporarily close all its restaurants in Russia and pause all operations…

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Food service, Retail, E-commerce LATEST NEWS WORLD NEWS 

#Beverage Innovation Thursday: New Products from Starbucks, Nutrabolt, PepsiCo, Coca-Cola, & OHMG 

February 3, 2022February 3, 2022

GLOBAL – Beverage players are jostling for positions in the non-alcoholic beverage aisle, each betting on innovative new products to…

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Beverages LATEST NEWS New Products WORLD NEWS 

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MOST RECENT POSTS

  • Fonterra half-year profits jump 50% jump despite poor performance in Asia
  • Coca-Cola pulls Innocent dairy-free products off-shelf
  • Rwanda eyes 600% avocado export growth by 2026
  • Ugandan Government seeks US$72.9m to rescue Atiak Sugar Factory from Equity Bank’s takeover
  • Gledhow Sugar Company enters business rescue as sugarcane farmers and workers face uncertain future

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