J.M. Smucker Co , best known for its peanut butter and jelly, posted a higher quarterly profit that easily beat market view, driven by strong results at its Folgers coffee business, and expected its full-year profit at the top end of its outlook.
Coffee chain Starbucks Corp , which for years raised prices without any customer pushback, said on Thursday that it is cutting prices for the first time on some drinks while boosting prices on others.
When the dust from the great coffee war that wasn't settles, McDonald's and Starbucks will find that each plays on a slightly shifted field, but neither side has captured the spoils -- the other's customers.
The electrical smell that caused a Southwest Airlines flight to make an unexpected landing Sunday was caused by a coffee maker in the back of the aircraft, a company spokesman said on Monday.
Enjoying an iced coffee? Better skip dinner or hit the gym afterwards, with a cancer charity warning that some iced coffees contain as many calories as a hot dinner.
Starbucks Corp ground out an expectations-topping profit on Tuesday as the coffee chain began reaping rewards from slashing costs and closing stores, and its shares gained 9.9 percent.
Starbucks plans to add beer and wine to its menu at a test store, USA Today reported Friday.
When a Starbucks (SBUX) opened across the street from our offices in downtown Missoula, Mont., a few years ago, a lot of people in this liberal college town were not too pleased. The national behemoth would squeeze the local coffee shops, critics said, and contribute to the homogenization of Missoula
There's reassuring news for coffee lovers with type 2 diabetes. Drinking even fairly high amounts of coffee does not raise the risk of developing heart diseases in diabetic men or increase their risk of dying early, according to a brief report in the medical journal Diabetes Care.
McDonald's Corp executives said on Wednesday that the fast-food giant's McCafe coffee roll-out is off to a good start and that data on its market share impact should be available in about six months.
Starbucks Corp posted quarterly profit that just topped expectations on cost cuts and is planning a multimillion dollar advertising campaign challenging the view that its coffee is an expensive luxury.
Starbucks Corp is on track to hit its target of $500 million in cost savings this fiscal year as the world's biggest coffee chain closes stores and sheds staff, its chief executive said at the company's annual shareholder meeting.
Investors at Starbucks Corp's annual meeting on Wednesday will be searching for answers on the coffee chain's cost-cutting measures and ideas to galvanize growth despite weakening global consumption.
an opportunity to reinvent a category, create new rituals and grow our customer base.
Schultz said Via's target customer in the United States is the brewed coffee drinker.
Overseas, the company aims to win over new instant coffee users and to steal market share from established brands such Nestle SA's Nescafe and Kraft Foods Inc's Sanka.
The company already f...
Starbucks Corp is implementing is cost cutting plans by closing underperforming stores and laying off staff.
Just hours away from being sworn in as not only the nations' 44th president, but also as the first African-American man to take this important role, Obama chose to start the day by attending a church service with his wife.
A recent study conducted by a team of researchers from the University of Durham, High intake of coffee, tea and caffeinated energy drinks could be linked to a greater tendency to hallucinate.
J.M. Smucker is expected to seal a deal later this week to buy the Folgers coffee business from Procter & Gamble in an all-stock transaction, according to media reports.
Starbucks Corp shares jumped on Friday a day after billionaire investor Nelsol Peltz's Trian Fund disclosed its stake in the coffee retailer.
Coffee posted record gains on Thursday amid concerns that frost will harm Brazil's crops, the world's largest coffee grower.
AT&T together with Starbucks launched a nationwide rollout of Wi-Fi service at some Starbucks coffee shops starting with San Antonio.
Coffee gained for the third straight day boosted by the declining dollar that made commodities traded in New York more attractive for investors holding other currencies, coupled with low bean exports from Brazil.
