chains Archives - Daily Coffee News by Roast Magazine https://dailycoffeenews.com/tag/chains/ Business news for specialty coffee professionals Fri, 02 Aug 2024 12:41:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 Roasting Plant Coffee Lands $10 Million, Plans US and UK Expansion https://dailycoffeenews.com/2024/08/01/roasting-plant-coffee-lands-10-million-plans-us-and-uk-expansion/ Thu, 01 Aug 2024 16:49:49 +0000 https://dailycoffeenews.com/?p=181521 Roasting Plant CoffeeRoasting Plant Coffee, the coffee chain known for its flamboyant green-coffee-to-cup super-automatic system, today announced the completion of a $10 million funding round. The company said the fresh capital will...]]> Central Florida Roaster Otus Coffee Acquired by Jeff’s Bagel Run https://dailycoffeenews.com/2024/07/23/central-florida-roaster-otus-coffee-acquired-by-jeffs-bagel-run/ Tue, 23 Jul 2024 16:07:06 +0000 https://dailycoffeenews.com/?p=181274 Otus coffee foundersFast-growing Central Florida bagel cafe chain Jeff’s Bagel Run recently acquired its longtime coffee supplier, Otus Coffee. Otus Co-Founders Glen and Jaclyn Turchin declined to disclose the financial terms of...]]> Klatch Coffee Opening Five New Shops Inside Sprouts Stores https://dailycoffeenews.com/2024/05/15/klatch-coffee-opening-five-new-shops-inside-sprouts-stores/ Wed, 15 May 2024 12:31:14 +0000 https://dailycoffeenews.com/?p=179846 Sprouts Farmers MarketSouthern California-based specialty coffee roaster and retailer Klatch Coffee plans to exponentially increase its retail footprint in 2024, with the first of five new stores soon to open inside a...]]> Luckin Coffee Opens China’s Largest Coffee Roastery https://dailycoffeenews.com/2024/04/24/luckin-coffee-opens-chinas-largest-coffee-roastery/ Wed, 24 Apr 2024 19:22:45 +0000 https://dailycoffeenews.com/?p=179412 Luckin Coffee roastery China 2Chinese coffee roasting and retail giant Luckin Coffee this week opened a massive $120 million roasting plant in Kunshan. Located between the cities of Shanghai and Suzhou, the new roastery...]]> Coffee and Grocery Chain Foxtrot Abruptly Closes All 33 US Stores https://dailycoffeenews.com/2024/04/24/coffee-and-grocery-chain-foxtrot-abruptly-closes-all-33-us-stores/ Wed, 24 Apr 2024 15:31:40 +0000 https://dailycoffeenews.com/?p=179401 Image-2Specialty coffee shop and boutique grocery chain Foxtrot abruptly closed all 33 of its locations throughout the United States yesterday, giving little notice to hundreds of employees who are now...]]> New York’s Laughing Man Coffee Launches Franchise Program https://dailycoffeenews.com/2024/03/26/new-yorks-laughing-man-coffee-launches-franchise-program/ Tue, 26 Mar 2024 13:52:56 +0000 https://dailycoffeenews.com/?p=178754 LMC Laughing Man CoffeeNew York City-based Laughing Man Coffee & Tea Co. recently unveiled a national franchise program, with its flagship 2,000-square-foot cafe in Lower Manhattan’s Tribeca neighborhood serving as the foundation.  The...]]> Scooter’s Coffee Opening Huge Indiana Distribution Center https://dailycoffeenews.com/2024/02/15/scooters-coffee-opening-huge-indiana-distribution-center/ Thu, 15 Feb 2024 18:17:49 +0000 https://dailycoffeenews.com/?p=177913 defaultFast-growing coffee chain Scooter’s Coffee and coffee supply partner company Harvest Roasting plan to open a new 183,000-square-foot distribution center in suburban Indianapolis. To be located along I-65 in Whitestown,...]]> JDE Peet’s Acquiring Caribou Coffee Roasting Operation in $260 Million Deal https://dailycoffeenews.com/2024/01/19/jde-peets-acquiring-caribou-coffee-roasting-operation-in-260-million-deal/ Fri, 19 Jan 2024 15:51:12 +0000 https://dailycoffeenews.com/?p=177316 Caribou CoffeeMinnesota-based Caribou Coffee is licensing its brand in consumer packaged goods and foodservice to multinational coffee roasting and distribution giant JDE Peet’s in a deal worth approximately $260 million, according...]]> Report: China Overtakes United States as Largest Coffee Shop Market https://dailycoffeenews.com/2023/12/12/report-china-overtakes-united-states-as-largest-coffee-shop-market/ Tue, 12 Dec 2023 15:13:49 +0000 https://dailycoffeenews.com/?p=175355 Cotti CoffeeChina has overtaken the United States as the country with the highest number of coffee shops in the world, according to the latest annual report on the East Asian coffee...]]> NY Firm General Atlantic Acquires Joe & the Juice for $641 Million https://dailycoffeenews.com/2023/11/16/ny-firm-general-atlantic-acquires-joe-the-juice-for-641-million/ Thu, 16 Nov 2023 16:36:26 +0000 https://dailycoffeenews.com/?p=174873 Joe and the Juice ChicagoNew York-based investment firm General Atlantic is acquiring a majority stake in the European-born cafe chain Joe & the Juice.  According to reports from Bloomberg and Yahoo Finance, the buyout...]]>