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Foodservice
Starbucks suspends guidance for FY2025 amid sales slump, CEO calls for major changes
Starbucks suspends guidance for FY2025 amid sales slump, CEO calls for major changes

Starbucks has halted its financial guidance after releasing results that revealed a decline in revenue and a drop in quarterly earnings.

Finance
Opinion: UK vending industry – Evolving to meet B2B demands in food and beverage
Opinion: UK vending industry – Evolving to meet B2B demands in food and beverage

David Llewellyn, CEO of AVA, provides further insights into the on-going transformation within the industry.

Opinion
GlobalData says foodservice operators must navigate technology challenges to enhance customer experience
GlobalData says foodservice operators must navigate technology challenges to enhance customer experience

Foodservice operators are turning to technology to streamline operations while maintaining a personal touch, according to GlobalData.

Foodservice
Mondelēz invests in UK doughnut start-up Urban Legend, targeting health-conscious consumers
Mondelēz invests in UK doughnut start-up Urban Legend, targeting health-conscious consumers

Mondelēz has made an investment through its corporate venture capital arm, SnackFutures Ventures, in Urban Legend.

Funding
Reborn Coffee expands into Thailand with new flagship store in Bangkok
Reborn Coffee expands into Thailand with new flagship store in Bangkok

Reborn Coffee has formed a joint venture with Gaingan Humantech Co to open three Reborn Coffee locations in Bangkok, Thailand.

Coffee
Starbucks appoints John Elliott as VP of technology for EMEA
Starbucks appoints John Elliott as VP of technology for EMEA

Starbucks has appointed John Elliott, the former chief technology officer of Sainsbury’s, as VP of technology for the EMEA region.

Appointments
Creed Foodservice acquired by Kitwave Wholesale Group
Creed Foodservice acquired by Kitwave Wholesale Group

UK foodservice provider Creed Foodservice has been acquired by Kitwave Wholesale Group for an undisclosed sum.

Foodservice
AlShaya's stake sale talks for Starbucks franchise on hold, says Reuters
AlShaya's stake sale talks for Starbucks franchise on hold, says Reuters

According to Reuters, the AlShaya Group has paused its efforts to sell a minority stake in its Starbucks franchise.

Coffee
Krispy Kreme launches Barbie-inspired doughnut collection to mark 65th anniversary
Krispy Kreme launches Barbie-inspired doughnut collection to mark 65th anniversary

Krispy Kreme has unveiled a new doughnut collection in celebration of the 65th anniversary of the Barbie brand, featuring four uniquely...

New Product
4 Aces launches 'Closing the Loop' initiative to enhance sustainability in foodservice packaging
4 Aces launches 'Closing the Loop' initiative to enhance sustainability in foodservice packaging

4 Aces has unveiled its 'Closing the Loop' initiative, aimed at promoting sustainability through recycling and composting partnerships.

Association news
Krispy Kreme appoints new president for UK and Ireland amid leadership transition
Krispy Kreme appoints new president for UK and Ireland amid leadership transition

Krispy Kreme has announced the appointment of Guy Meakin as the new president of Krispy Kreme UK & Ireland, effective early November.

Appointments
Schaerer introduces '2-step' coffee machine configuration to meet demand for efficiency and quality
Schaerer introduces '2-step' coffee machine configuration to meet demand for efficiency and quality

Swiss coffee machine manufacturer Schaerer has launched a new '2-step' configuration for its Coffee Soul 10 and 12 models.

Coffee
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