Peet’s Coffee & Tea Inc., the Bay Area-based cafe chain, is going private for $977.6 million – but it’s not being sold to Starbucks , its giant Seattle rival. Instead, German conglomerate Joh. A. Benckiser will shell out $73.50 a share to buy the emeryville company, paying a 29% premium on Friday’s $57.16 closing price. … Read more
Owners Gordon Bowker, Jerry Baldwin, and Zev Siegl purchased high-quality whole coffee beans from farms in latin america, Africa, and Asia—a practice that still continues. Master roasters bring out the balance and flavor that give the coffee its distinctive taste. Does Starbucks have their own beans? Starbucks only buys 100% arabica coffee beans and uses … Read more
The churro frappuccino, inspired by the crispy but soft Spanish doughnut treats, which are rolled in cinnamon and sugar, has been added to the starbucks menu. This decadent blended drink is made with white chocolate sauce, vanilla flavoured syrup and cinnamon powder Yum! What is in a churro frappuccino? The Churro Frappuccino, inspired by the … Read more