Refreshment focuses on the water dispenser/cooler, office coffee service and vending sectors, while also taking an in-depth look into products for vending from bottled water and drinks, to snacks and confectionery. It also focuses on hydration, health and wellness, new technologies and environmental and social responsibility issues.
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Research
Coffee & tea
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Foodservice
Starbucks to incur $400m restructuring hit as it cuts corporate roles and closes offices
Starbucks is set to incur approximately $400 million in restructuring charges as part of its ongoing ‘Back to Starbucks’ turnaround strategy, with the company also confirming a new round of corporate layoffs and office closures in the US.
Starbucks posts Q2 sales growth as turnaround plan lifts transactions
Starbucks reported a rise in second-quarter sales and earnings, driven by higher customer traffic and early gains from its turnaround strategy, even as margins faced pressure in North America.
Tenzo secures $5m Series A extension to scale hospitality analytics platform
Tenzo, a real-time data and analytics platform for hospitality operators, has secured a $5 million first close of its Series A extension round, led by Edge VC.
Joe & the Juice introduces collagen matcha developed with TV presenter Maya Jama
Joe & the Juice has partnered with Maya Jama to launch a limited-edition collagen-infused matcha drink in the UK, as the brand looks to tap into growing demand for functional beverages and flavour innovation.
McDonald’s eyes energy drinks and flavoured sodas in US beverage push – WSJ reports
McDonald's is preparing to expand into energy drinks and specialtiy sodas as part of a broader overhaul of its cold beverage offering in the US, according to a report by the The Wall Street Journal.
Starbucks completes China joint venture with Boyu Capital
Starbucks has completed its previously announced joint venture with Boyu Capital, advancing its long-term growth strategy in China.
Starbucks rolls out bakery range across UK following trial
Starbucks UK has rolled out its Signature Bakery Collection nationwide after a trial in selected stores delivered strong customer response and sales.
Massimo Zanetti Beverage USA promotes Matthew Smith to president
Massimo Zanetti Beverage USA has promoted Matthew Smith to president, effective immediately.
PepsiCo launches first Lay’s-branded restaurant concept in Madrid
PepsiCo is bringing one of its most recognisable snack brands into the culinary world with the launch of its first restaurant concept dedicated to Lay’s, opening in Madrid, Spain.
Popeyes UK to launch first Irish restaurant in Dublin
Popeyes UK has secured a master franchise development agreement to operate the Popeyes brand in the Republic of Ireland, with the first site scheduled to open at Blanchardstown Centre in Dublin this spring.
White Castle installs automated Slider kiosk at Southwest Florida International Airport
White Castle has installed a new automated kiosk at Southwest Florida International Airport (RSW), expanding its on-the-go offering for travellers in the Fort Myers area.
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