• Join our newsletter for weekly news updates and blogs on-the-go!
X-twitter Facebook-f Google-plus-g Patreon Youtube
Financial News, Business News
  • News
    • U.S. News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Home/Banking News/This Massive Coffee Company Is Now Adding New Holiday Flavors
Market News Today - This Massive Coffee Company Is Now Adding New Holiday Flavors

This Massive Coffee Company Is Now Adding New Holiday Flavors

By Frank Nez
November 29, 2023
2

A massive coffee company is now adding new holiday flavors to its menu for a very limited time according to RestaurantDive.

Starbucks is adding four new, holiday-themed cold foams including Peppermint Chocolate Cream, Sugar Cookie Cream, Caramel Brulée Cream and Chestnut Praline Cream.

“Such charges for drink customization are an important piece of Starbucks’ revenue, accounting for around $1 billion dollars annually,” CEO Laxman Narasimhan said on the company’s Q3 2023 earnings call.

Last year, in some regions outside the U.S., the chain tested a Toffee Nut Cream cold foam for its holiday lineup and offered Irish Cream Cold Brew with cold foam across its markets.

However, this year’s holiday-themed cold foams are a significant boost to the brand’s foam offerings.

Narasimhan, on the earnings call, described cold foams as the fastest-growing category of customization for the chain.

The cold foam boom is likely driven by two interrelated market forces: A preference for customized drinks, and younger consumer’s growing demand for cold coffee, reports RestaurantDive.

“Young diners’ preference for cold coffee has helped extend pumpkin spice season ever deeper into August, and may, with the help of holiday flavors, boost demand for iced coffee in the winter.”

Starbucks framed the launch of the foams as an offering targeted at consumers “who love cold coffee even on the chilliest of winter days.”

High demand for customized coffee, including cold coffees, however, has proven operationally complex for Starbucks.

Complicated drink orders have put stress on workers and helped drive the ongoing union campaign at Starbucks. 

These complications inspired Starbucks to begin testing a redesigned kitchen system, called the Siren System, in late 2022, and to design a handheld cold foam blender, which Narasimhan said the chain had installed in all of its stores by the end of summer 2023.

Also Read: Massive Layoffs in California Now Underway Prior to Holidays

Other Retailer News Today

Market News Today - This Massive Coffee Company Is Now Adding New Holiday Flavors.
Market News Today – This Massive Coffee Company Is Now Adding New Holiday Flavors.

A massive restaurant chain is now facing a surprising sex scandal lawsuit after the company failed to address the misconduct.

A former Taco Bell cashier said the company allegedly did nothing after she received threats from colleagues for reporting to human resources misconduct at a restaurant Christmas party, according to a lawsuit filed in the Superior Court of California. 

The employee said she was told to transfer locations after reporting threats of harassment to human resources.

The employee allegedly received threatening texts and had her car window broken after she reported witnessing co-workers becoming overly intoxicated, vomiting and openly having sex during the party at the store.

“While we don’t own or manage this location, the franchisee who owns and operates this restaurant has shared that they take these claims very seriously,” Taco Bell shared in an email to HR Dive. 

Alvarado Restaurant Group, the franchisee, did not immediately respond to requests for comment.

The employee’s lawsuit alleges discrimination, sexual harassment, a hostile work environment, retaliation and failure to investigate under California’s Fair Employment and Housing Act (FEHA) and California Labor Code.

The company fired the co-workers who misbehaved at the party but didn’t discipline the employees who sent threatening messages, the lawsuit alleges. 

Also Read: A US Bank is Now Denying Customers Access to Money

Market News Published Daily 📰

Market News Today - This Massive Coffee Company Is Now Adding New Holiday Flavors.
Market News Today – This Massive Coffee Company Is Now Adding New Holiday Flavors.

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors.

This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

Scroll below to view my stock purchases this month!

You can also follow me on X (Twitter), Instagram, Facebook, or LinkedIn for daily news and updates on your favorite stories.

More Market News 📰

Frank Nez’s Stock Portfolio

Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?

Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.

11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.

View Stock Portfolio

Recommended For You ✨

  • California Now Has Massive Departures As Hundreds of Thousands Leave
  • A Giant Company Now Announces Unexpected Layoffs in Virginia
  • Wells Fargo is Now Freezing Bank Accounts in New Scandal
  • A Massive US Bank is Now Closing Credit Cards
  • Florida Now Has Massive Departures As Hundreds of Thousands Leave
  • A US Bank is Now Denying Customers Access to Money


Tags:

Business NewsFinance NewsInvesting NewsJPMorganMarket NewsStock Market News
Author

Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Market News Today - Layoffs in Arizona Surge According to New WARN Data
Previous

Layoffs in Arizona Surge According to New WARN Data

Market News Today - Chase Now Announces New Unexpected Branch Closures
Next

Chase Now Announces New Unexpected Branch Closures

2 Comments
  1. Frank Nez says:
    November 29, 2023 at 10:12 pm

    For more news and updates like this, opt-in for push notifications.

    Log in to Reply
  2. Frank Nez says:
    November 29, 2023 at 10:11 pm

    Leave your thoughts below.

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

NEW POSTS

  • When Will Gas Prices Go Down?
    Gas Prices Near Their Highest Levels This Year
  • Wendy's Closures
    Wendy’s Closures Surge As Franchisee Files For Chapter 11 Bankruptcy
  • Carl's Jr. Hardees
    Carl’s Jr. (Hardee’s) Just Closed Nearly 100 Locations in 8 States
  • New Home Mortgage Applications Plunge For The Fifth Straight Month
    New Home Mortgage Applications Plunge For The Fifth Straight Month
  • Robinhood Employees Charged with Crypto Fraud Following AMC Token Feud
    Robinhood Employees Charged with Crypto Fraud Following AMC Token Feud
Unlock your personal brand ebook

Need to Reach Us? Email us at contact@franknezmedia.com

FrankNez is an independent news platform founded by American journalist Frank Nez, focusing on delivering real-time, data-driven news and reporting on various industries, including finance, economy, banking, business, and entrepreneurship.

Markets

  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Cryptocurrency

Money

  • Personal Finance
  • U.S. Banking
  • Economy
  • Housing

Business

  • Business
  • Entrepreneurship
  • Retail
  • Bankruptcy
  • Layoffs

Company

  • Home
  • About
  • Editorial Policy
  • Privacy Policy
  • Newsletter
  • Advertise/Sponsorship
X-twitter Facebook Patreon Youtube Google-plus-g

© 2026 FrankNez Media, All Rights Reserved.

X-twitter Facebook-f Google-plus-g Patreon Youtube