Flavor company pairs coffee, tea ingredients with dairy
March 21, 2019
Having identified millennial consumer tastes trending toward a passion for coffee and tea beverages, Symrise now offers a collection of specialty flavors designed to deliver the popular tastes of tea, coffee and dairy products.
One sub-segment of RTD teas that seems to be appealing to the masses is kombucha — a tea that has been fermented with bacteria and yeast, and is rich with probiotics, antioxidants, amino acids and enzymes.
Full-year financial results first released since merger
February 28, 2019
Keurig Dr Pepper Inc., Burlington, Mass., and Plano, Texas, reported financial results for the fourth quarter and full year ending Dec. 31, 2018, and provided guidance for adjusted diluted EPS growth for 2019 in line with the company's merger targets.
Company plans to release additional functional coffee blends throughout the year
February 11, 2019
San Diego-based VitaCup, the coffee company that introduced vitamin-infused coffee pods, announced the introduction of its Genius Blend in ground coffee bags.
Caribou Coffee, Minneapolis, announced the launch of a new coffee blend — Amy’s Blend 2019 — that pays tribute to the company’s first roastmaster, Amy Erickson, celebrating the way she lived and her enduring legacy of leadership, the company says.
John Butcher adds top executive role with foodservice company
January 22, 2019
Minneapolis-based Caribou Coffee, a subsidiary of JAB Holding Co., announced that John Butcher has been appointed president and chief executive officer. Butcher has served as president of Caribou Coffee since joining the company in June of 2017.
Starbucks Coffee Co., Seattle, announced the expansion of its Starbucks Delivers pilot to an additional six cities across the United States. The expansion, in partnership with Uber Eats, began in San Francisco on Jan. 21, the first of six new markets to offer the service to customers. Following an initial test in Miami, the company remains on track to bring Starbucks Delivers to nearly one-quarter of U.S. company-operated stores.