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McDonald’s beats on earnings after slashing prices on soda and coffee
NEW YORK – McDonald’s has reported its best showing for global comparable sales in five years, sending its shares to a record intraday high on Tuesday. Investors were impressed with the company's progress ramping up mobile order and mobile pay at more restaurants, and with its expansion ...
Starbucks appoints Lucy Lee Helm as first-ever chief partner officer
SEATTLE, U.S. – Starbucks has appointed Lucy Helm as its Chief Partner Officer. The move was announced by Starbucks’ President and Chief Executive, Kevin Johnson. Helm is an 18-year veteran of the company and its general counsel since 2012. The C-level position is equivalent to chief human resources officer ...
The La Marzocco Local debuts in Leeds, at the brand new branch office
SCARPERIA, Italy – La Marzocco is happy to announce the inauguration of a new office in Leeds, UK which opens its doors this end-of-month with the in-house “La Marzocco Local” event format. The focus of this connection point is to drive and support the local coffee community in the North of the UK, to offer ...
PTG Energy acquires Coffee World operator to strengthen non-oil biz
BANGKOK, Thailand – Oil retailer PTG Energy Plc has acquired a 99.99 per cent stake in GFA Corporation Ltd, the operator of Coffee World, according to the company’s filing to the Stock Exchange of Thailand. The acquisition, which was made through PTG’s subsidiary PunThai Coffee Ltd, is part of the firm’s strategy to bolster ...
Segafredo Zanetti Espresso Café opens at Compass Group Headquarters
CHARLOTTE, NC, U.S. – Segafredo Zanetti in partnership with Foodservice and Hospitality global leader, Compass Group North America proudly announces the opening of Segafredo Charlotte 23Hundred at the Compass Headquarters in Charlotte, NC. The cafe is located in a building on campus with 900 employees.
Fair trade company Levanta Coffee connects consumers to the source
TOLEDO, Ohio, U.S. – Starting July 18, Levanta Coffee hopes to bring better wages to coffee farmers—and better coffee to b...
Death of ‘coffee chain king’ rattles South Korean franchise industry
SEOUL, South Korea – Kang Hoon, CEO of the local dessert cafe franchise MangoSix was discovered in a bathroom at his resid...
Cott to sell its traditional beverage manufacturing business to Refresco
TORONTO, Canada and TAMPA, FL, U.S. – Cott Corporation today announced that it has entered into a definitive agreement to sell its traditional beverage manufacturing business ("Cott Beverages") to Refresco. The transaction includes Cott's North America, U.K., and Mexico businesses ...
Training & Equipment supports female coffee farmers in 22 countries
MILAN – Around the world, women are responsible for up to 90% of the fieldwork of producing coffee – yet on average, they only own 15% of the harvest (International Trade Forum). In an industry already marked by poverty and hunger, it’s women who often suffer the greatest inequities.
UK budget coffee chain EasyCoffee to open first Edinburgh store
EDINBURGH, UK – Budget coffee chain EasyCoffee is set to open its first Edinburgh outlet. The cafe chain, founded by EasyJet tycoon Sir Stelios Haji-Ioannou, already has £1 coffee shops in cities across England, with the Capital site set to be its first in Scotland. The shop has opened opposite the Haymarket train station.
