Coffee

Starbucks North America Head Retires After Five Months In The Role

Starbucks has said that its North America CEO, Michael Conway, had decided to retire after about 11 years at the coffee chain.

Starbucks New CEO Niccol To Improve Coffee Culture At US Stores

Starbucks' SBUX.O new CEO Brian Niccol said he would focus on reinvigorating coffeehouse culture at the chain's stores in the U.S. as he takes the helm in...

Jif Peanut Butter Maker JM Smucker Cuts Annual Forecasts On Slowing Demand

Jif peanut butter maker J.M. Smucker cut annual sales and profit forecasts, hurt by cost-conscious consumers switching to lower-priced alternatives amid st...

Caffè Borbone Sees Revenue Growth, But Profitability Takes A Hit

Italian coffee roasting company Caffè Borbone reported an 8% increase in revenue during the first half of 2024, reaching €166.7 million.

Starbucks' New CEO To Get Millions In Equity Awards

Starbucks said that incoming CEO Brian Niccol was eligible for annual equity awards worth $23 million (€20.93 million) and would receive additional st...

Light Frosts Reported In Some Brazilian Coffee Areas, Prices Surge

Farmers reported light frosts in coffee-producing areas of Brazil over the weekend as an unusually strong cold mass for this time of year advances from the...