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Starbucks is immune to the recent spike in coffee prices thanks to a common yet brilliant business strategy

Roasted coffee beans is seen being inspected at specialty coffee shop Onibus Coffee on May 20, 2016 in Tokyo, Japan. The Onibus Coffee building was originally a old traditional Japanese house that was converted to what it is at present. With the rise of specialty coffee shops opening all over the world in recent years, Tokyo's coffee culture catches on to offer quality coffee to like minded people across all walks of life. Christopher Jue/Getty Images Starbucks said it has coffee price...
Tags: Trends, Brazil, Tokyo, Starbucks, Johnson, Kevin Johnson, British Airways, Tokyo Japan, Yarbrough, Edward Jones, Brian Yarbrough, Mary Meisenzahl, Onibus Coffee, Christopher Jue Getty Images Starbucks


Americans have rediscovered their love for the drive-thru

Reuters Fast-food chains are continuing to emphasize drive-thru improvements. Drive-thrus were critical for chains when the pandemic closed indoor dining. Now customers can eat inside again, but drive-thrus are still key for business after customers rediscovered it. See more stories on Insider's business page. Restaurant dining rooms are reopening in most of the US, but Americans are still drive-thru devotees. Major fast-food brands reported quarterly earnings this week, and executive...
Tags: US, Trends, Starbucks, North America, Taco Bell, McDonald, Culver, Chris Turner, Yum Brands, Reuters Fast, Chris Kempczinski, Mary Meisenzahl, John Culver, Aprente Kempczinski


11 beautiful San Diego hotels that offer central locations, incredible rooftops, or beach and golf perks

When you buy through our links, Insider may earn an affiliate commission. Learn more. Trip Advisor San Diego is home to beaches, a military base, a world-famous zoo, and many outdoor activities. From urban towers with water views to beachfront resorts, we vetted the city's best hotels. Our picks are based on our own reviews and offer great amenities for a Southern California getaway. Table of Contents: Masthead Sticky With beachfront resorts, contemporary downtown hotels, and intim...
Tags: California, Cdc, France, New York City, US, Trends, Italy, San Diego, Marriott, Ihg, Cardiff, Starbucks, West Coast, Walt Disney World, Grant, San Diego Zoo


Starbucks keeps 2 chairs empty to represent customers and employees at every corporate meeting

Starbucks employees file into the 2019 shareholder meeting. Starbucks Former Starbucks CEO Howard Schultz started the idea of empty chairs for customers and workers. Starbucks is known for pioneering benefits for part-time workers. Schultz left Starbucks in 2018. See more stories on Insider's business page. Starbucks is known for offering some of the best benefits for workers in the fast food world, and a new insight about internal meetings shows how seriously the chain takes this.Comp...
Tags: Trends, Bloomberg, Howard Schultz, Starbucks, Arizona State University, Schultz, Varma, Nancy Luna, Mary Meisenzahl, Starbucks Former Starbucks, Vivek Varma, Colorado chain Noodles Company


Why rising coffee prices won't change what you pay for Starbucks drinks

Coffee prices are surging. But that won't make a difference in how much you spend on a cup of joe at Starbucks.
Tags: News, Stories, Starbucks


Why rising coffee prices won't change what you pay for Starbucks drinks

Coffee prices are surging. But that won't make a difference in how much you spend on a cup of joe at Starbucks.
Tags: Cnn, Starbucks


July linkfest

I haven’t recommended a book in a while, so this month I’m recommending two, both of them new, both of them about language. (And each one blurbed by the author of the other one, which must be a coincidence, right?) Highly Irregular, by Arika Okrent, looks at many of the things that make English such a weird language, some of which may be so familiar you’ve never questioned them. Why isn’t of spelled with a v? How come we say how come? Why do we say big spender and large pizza, but not large ...
Tags: Books, Fashion, Music, UK, Writing, US, Walgreens, New York Times, Linguistics, National Health Service, Starbucks, Words, French, British, Contests, Penguin Random House


Walmart, Target, Costco, and others stay quiet on mask mandates as the CDC says vaccinated Americans should wear masks again

Many major retailers ditched mask mandates in May. Courtesy of Walmart The CDC changed its guidelines around mask-wearing on Tuesday. It recommends that everyone - vaccinated or not - wear masks indoors in areas where COVID-19 is spreading fastest. Retailers that previously dropped mask mandates have not yet confirmed if these policies will resume. See more stories on Insider's business page. Walmart, Target, and McDonald's are among several major retailers and restaurant chains t...
Tags: News, Cdc, Masks, US, Trends, Walmart, Workers, Retail, Mcdonald's, Starbucks, Grocery, Costco, Kfc, McDonald, Centers for Disease Control, Walmart Target Costco


Nearly 3 in 4 drinks sold at Starbucks were cold last quarter, and it's great news for the chain

Mike Blake / Reuters Cold drinks made up three-quarters of Starbucks sales this quarter. Cold drinks tend to be more expensive with customization options. Starbucks is investing in cold drinks with a new cold brew system and social media ordering. See more stories on Insider's business page. Starbucks just shared record-breaking earnings, driven by the chain's popular cold drinks.74% of drinks sold in the US in the third quarter, which ended June 27, were cold beverages. That was...
Tags: Congress, US, Trends, Starbucks, North America, McDonald, Rochester New York, Culver, Mike Blake, Rosalind Brewer, Mary Meisenzahl, John Culver, Reuters Cold, Tryer Center


Potato milk is a thing now. You can't buy it in the US, but people are making the sustainable drink themselves at home.

Potato milk might be the next best sustainable, vegan milk alternative. Dug Drinks Potato milk might be the next best sustainable milk option. It's also free of gluten, nuts, and animal products. Dug, the company that makes potato milk, only ships products to the UK. But you can DIY it at home. It's white and milky and can be used as a dairy replacement in any drink, according to The Guardian. See more stories on Insider's business page. A new product has entered the fray of ve...
Tags: Facebook, Europe, UK, Science, News, Sweden, China, US, Trends, Sustainability, Canada, United Kingdom, Retail, Starbucks, Vegan, Nut Allergy


People are spending more money at Starbucks than ever before by ordering complicated drinks, cold beverages, and food

Starbucks posted its highest-ever quarterly revenues on Tuesday. Getty/Jeff Greenberg Starbucks posted its highest-ever quarterly revenues on Tuesday. Americans are placing more orders - and their orders are getting more expensive, too. The chain credited this to customers adding cold drinks, modifications, and food to their orders. See more stories on Insider's business page. Americans are placing bigger Starbucks orders than ever before.Starbucks posted its highest-ever quarterly rev...
Tags: US, Trends, Atlanta, Karen, Starbucks, Kevin Johnson, Costco, Culver, Albertsons, Ruggeri, US Starbucks, Grace Dean, John Culver, Rachel Ruggeri, Getty Jeff Greenberg Starbucks


3 in 4 drinks Starbucks sells are now cold rather than hot. One barista said the coffee chain was becoming a 'frappuccino factory.'

Starbucks' cold drinks tend to cost more than its hot beverages. TIMOTHY A. CLARY / Getty Images Cold drinks now make up 74% of Starbucks' total beverage sales, CEO Kevin Johnson said Tuesday. Johnson said that cold drinks were especially popular among younger customers. "A lot of the drinks seem like milkshakes rather than coffees," one barista told Insider. See more stories on Insider's business page. Starbucks is selling way more cold drinks than hot coffee - so much so that...
Tags: Food, News, Maryland, US, Trends, Fast Food, Retail, Nebraska, Starbucks, Johnson, Kevin Johnson, Cold Brew, Culver, Starbucks Drinks, Grace Dean, Coffee chain


10 things in tech: Apple's big earnings - Activision strike - Insta update

Roy Rochlin/WireImage/Getty Images Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. Apple and Alphabet breeze past earnings estimates. Despite the global chip shortage, Apple's fiscal third-quarter earnings surpassed Wall Street expectations. Take a look at the key numbers. Alphabet, Google's parent company, also defied expectations. See those figures here. 2. Employees lambast "Call of Duty" maker over its response ...
Tags: Apple, Google, Amazon, Facebook, Elon Musk, Instagram, Singapore, Newsletter, Trends, Tech, Tesla, Walmart, Silicon Valley, Starbucks, Mcdonalds, Instacart


A leading retail union calls for a nationwide mask mandate in stores to protect staff, and says the CDC's new mask guidelines don't go far enough

"A national mask mandate is the only way we can finally take control of this virus,' UFCW said. LM Otero/AP Photo A leading retail union in the US is calling for masks to be mandatory again as COVID-19 cases soar. The UFCW represents 1.3 million retail workers. New CDC recommendations for masks in high-risk areas don't go far enough, the UFCW said. See more stories on Insider's business page. The CDC changed its guidance around wearing masks on Tuesday, recommending that every...
Tags: Cdc, US, Trends, Starbucks, Signal, University of Central Florida, Larry Barton, New CDC, UFCW, Marc Perrone, Mary Hanbury, Mary Meisenzahl, LM Otero AP, Costco Target Walmart Best


The CDC's new mask guidelines fail to protect retail workers, a leading union says, as it calls for a national mask mandate in all stores

"A national mask mandate is the only way we can finally take control of this virus,' UFCW said. LM Otero/AP Photo A leading retail union in the US is calling for masks to be mandatory again as COVID-19 cases soar. The UFCW represents 1.3 million retail workers. New CDC recommendations for masks in high-risk areas don't go far enough, the UFCW said. See more stories on Insider's business page. The CDC changed its guidance around wearing masks on Tuesday, recommending that every...
Tags: Cdc, US, Trends, Starbucks, Signal, University of Central Florida, Larry Barton, New CDC, UFCW, Marc Perrone, Mary Hanbury, Mary Meisenzahl, LM Otero AP, Costco Target Walmart Best


The Drivers Of Leading Brands

Years ago, I worked for Hills Bros coffee. We were the #3 brand having a tough time competing against the market leaders (Folgers and Maxwell House), struggling in many markets to keep our product in distribution. But we had one market, Chicago, where we were runaway market leaders with 4x the share of anyone else. In that market, nothing that Folgers or Maxwell House tried to do succeeded in dislodging us. Hills Bros is far from the only example. Heinz has always had a better share in its ...
Tags: Chicago, Starbucks, Heinz, Branding, Pittsburgh, Maxwell House, Keurig Green Mountain, Brand Management, Hills Bros, Blake Project Helps Brands, Drivers Of Leading Brands, Consumer Based Drivers


FBI got inside a KKK group plotting a murder in 2015

By Jason Dearen | Associated Press PALATKA, Fla. — Joseph Moore breathed heavily, his face slick with nervous sweat. He held a cellphone with a photo of a man splayed on the floor; the man appeared dead, his shirt torn apart and his pants wet. Puffy dark clouds blocked the sun as Moore greeted another man, who’d pulled up in a metallic blue sedan. They met behind an old fried chicken shack in rural north Florida. “KIGY, my brother,” Moore said. It was shorthand for “Klansman, I greet you.” Birds...
Tags: Florida, Politics, New York, Crime, News, Minnesota, Mississippi, California, Washington, Senate, China, Iraq, Georgia, Sport, Ap, Fbi


Starbucks Hits Sales Record as Customers Return to Stores

Starbucks saw record sales in its fiscal third quarter as the impact of the pandemic receded and customers flocked to its stores.
Tags: Starbucks


Starbucks Serves up Steaming Forecast as Customers Return to Stores

By Praveen Paramasivam and Hilary Russ(Reuters) -Starbucks Corp's sales roared back and the coffee chain forecast fourth-quarter sales above Wall...
Tags: Starbucks, Praveen Paramasivam, Customers Return to Stores, Hilary Russ Reuters Starbucks Corp


Starbucks Delivers Steaming Results as Customers Return to Stores

(Reuters) - Starbucks Corp beat market estimates for quarterly comparable sales on Tuesday, as more customers returned to its stores for their...
Tags: Starbucks, Reuters Starbucks Corp


Walmart workers can now get 100% of their college tuition and book costs covered at 10 different universities and online schools

Walmart will now pay all tuition and book costs for employees attending participating educational institutions. Chris Hondros/Getty Images Walmart will cover all costs for employees attending these 10 colleges and educational programs. All Walmart and Sam's Club employees are eligible starting on their first day of work. Reduced-cost educational programs at Walmart have enrolled 52,000 employees since 2018. See more stories on Insider's business page. Walmart will cover all tuitio...
Tags: Home Depot, Education, Trends, Walmart, Higher Education, Retail, Starbucks, Student Loan Debt, University Of Arizona, Tuition, Arizona State University, Sam s Club, Voxy, Purdue University Global, Heather Schlitz, Univerisites


10 things before the opening bell

Tesla Model X. Tesla Welcome to 10 Things Before the Opening Bell. If this was forwarded to you, sign up here. Plus, sign up here for Insider Investing, our weekly markets analysis newsletter.Let's get into it.1. Bitcoin is back in focus, slipping back below $38,000. Amazon has quashed chatter about it potentially adding crypto to its payment options. The company gave us the low-down on what it's looking at right now. 2. Cathie Wood's Ark Invest is shedding Chinese stocks fast ...
Tags: Amazon, US, Trends, Tesla, Beijing, Tencent, SEC, Starbucks, US Treasury, Oppenheimer, Baird, Apple Microsoft, Jim Osman, Didi, Osman, Lucid Motors


US stock futures dip as investors eye Big Tech earnings, while Asian equities slide on escalating Chinese clampdowns

Bryan R. Smith / AFP via Getty Images Global stock markets traded lower on Tuesday as investors moved into wait-and-see mode. Alibaba and Meituan shares slide in Hong Kong, on worries about China's regulatory crackdowns. The US rise in COVID-19 cases could prompt the Fed to stick to its pace of asset purchases, a strategist said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks looked poised to open slightly lower on Tuesday as investors focus on ear...
Tags: Amazon, Facebook, Asia, Hong Kong, UK, London, China, US, Trends, Frankfurt, Alibaba, Tokyo, Starbucks, Federal Reserve, FOMC, Meituan


Nestle and Starbucks Extend Partnership to Ready-To-Drink Coffee

ZURICH (Reuters) - Food giant Nestle and U.S. coffee chain Starbucks are extending their partnership to launch ready-to-drink coffee beverages in...
Tags: Starbucks, Zurich, Nestle, Reuters Food


Starbucks to Exit S.Korea Venture Valued at Over $2 Billion

By Shubham Kalia and Joyce Lee(Reuters) -Starbucks Corp is exiting its joint venture in South Korea, the U.S. coffee giant's fifth-largest market,...
Tags: South Korea, Korea, Starbucks, Shubham Kalia, Joyce Lee Reuters Starbucks Corp


Starbucks to Exit S.Korea Venture, Sell Stake to E-Mart, GIC

(Reuters) -Starbucks Corp said on Monday it will exit any direct ownership in South Korea, its fifth-largest market, selling the 50% stake it owns...
Tags: South Korea, Starbucks, Reuters Starbucks Corp, Exit S Korea Venture Sell Stake to E Mart GIC


Starbucks to Sell 50% Stake in South Korean Venture to E-Mart, GIC

(Reuters) - Starbucks Corp will sell the entire 50% stake it owns in its South Korean venture to local partner E-Mart Inc and Singapore sovereign...
Tags: Singapore, Starbucks, Reuters Starbucks Corp, E mart Inc, E Mart GIC


Starbucks Highlights Commitment to Feeding Local Communities

Starbucks is marking its 50th anniversary with what it describes as a multifaceted advertising campaign that tells the story of its FoodShare donation program. Top line In 2016, Starbucks partnered with Feeding America to launch FoodShare, a nationwide program that packages unsold food at its cafes at the end of every day and delivers it...
Tags: Advertising, Creative, Starbucks, Food & Beverage, Briefly


Starbucks in Kent's Historic Capt'n Brady's Building Closes, Future of Site Unclear

Much to the dismay of Kent State students and alumni alike, the Starbucks located in the historic Capt’n Brady’s building on the Kent campus closes its doors today.
Tags: Starbucks, Kent, Brady, Kent State


The US shipping crisis is not going away as 33 cargo ships float off the coast of LA waiting to dock

A container cargo ship in Rotterdam Harbour on April 4, 2021 in the Netherlands. Rotterdam is the largest shipping port outside of Asia. Niels Wenstedt/BSR Agency/Getty Images 33 ships were anchored off the coast of Los Angeles and Long Beach waiting to dock on Friday. The California ports are congested and account for about one-third of US imports. The delays are contributing to major shortages across the country in stores and restaurants. See more stories on Insider's business page. ...
Tags: Asia, California, La, China, US, Los Angeles, Trends, Port Of Los Angeles, Long Beach, Starbucks, Southern California, US Coast Guard, US California, Taco Bell Chipotle, Netherlands Rotterdam, Marine Exchange of Southern California