Latest news with #Nespresso
2 days ago
- Business
Starbucks announces PSL release date, plus new drink for fall
Amid scorching summer heat, Starbucks is trying to cool things down and giving coffee fans daydreams of crisp fall weather with the return of the seasonal sensation Pumpkin Spice Latte. When does PSL come back to Starbucks? Although the fall equinox isn't until Sept. 22, the cultural phenomenon drink that first hit the Seattle-based coffee chain's menus more than 20 years ago will officially be back at Starbucks on Aug. 26. Consumer interest in the seasonal spice-laden lattes has spiked earlier than ever, according to Google Trends, which showed an uptick in searches starting in mid-June vs. mid-July in 2024. Timed with the kick-off countdown on Monday, the company also confirmed seasonal PSL products will begin to hit grocery store shelves soon. New fall menu items coming to Starbucks this PSL season With the unofficial start of fall at Starbucks coffeehouses come more returning favorites and a new selection of drinks and bites. First up is a new Pecan Cortado, a coffee drink with a 1:1 ratio of espresso to steamed milk, amplifying another nutty fall flavor. In keeping with the high-protein food trends, Starbucks is also adding another option to its already popular egg bites with a new Italian sausage version. Returning alongside the PSL is the fan-favorite Pumpkin Cream Cold Brew, Iced Pumpkin Cream Chai and Pecan Crunch Oatmilk Latte. Starbucks fall flavors hit grocery stores this summer With more people tapping into the trend of Summerween, Starbucks announced its at-home line of fall products, including K-Cup pods and Nespresso, are now available in stores. Joining the lineup this year is a new Starbucks Maple Pecan Latte-inspired non-dairy creamer. The Starbucks Pumpkin Spice Latte-inspired creamer is also back in both dairy and non-dairy options. At-home coffee fans can snag Starbucks' Fall Blend or Smoked Butterscotch Flavored Coffee, available in K-Cup Pods and roast and ground varieties, and Starbucks Pumpkin Spice Flavored Coffee, which is also available as Nespresso for Vertuo capsules. Starting in early August, Starbucks' ready-to-drink beverages -- including the Pumpkin Spice Flavored Coffee, available in RTD Iced Espresso and RTD Frappuccino Chilled Coffee Drink -- will be available as well.
Yahoo
2 days ago
- Business
- Yahoo
Accor's TRIBE Hotels debuts in Phuket, Thailand
Accor's design-driven brand TRIBE Hotels has made its debut in Phuket, Thailand, marking the brand's fourth property in Asia. Situated in Patong, the 187-key property is a short walk from the beach and local attractions. The new TRIBE hotel is a homage to the region's Sino-Portuguese heritage, incorporating local craftsmanship into its design. Accommodation options include five room categories, ranging from the compact TRIBE Essential to the expansive TRIBE Max Suites, which offer guests a separate living and sleeping area. Each room is equipped with amenities, including floor-to-ceiling windows, a private balcony, a sofa, a 55in smart television, a Nespresso machine, and a rain shower. The hotel features various dining venues, a Technogym fitness centre, and a retail area with TRIBE-branded items and regional products. Accor Asia premium, midscale and economy chief operating officer Garth Simmons said: 'Across Asia, lifestyle hospitality is booming. Modern travellers seek design-led, functional spaces and vibrant social energy, while still valuing comfort and fair prices. This creates the perfect environment for the expansion of a brand with a bold personality like TRIBE. 'TRIBE Phuket Patong is our fourth TRIBE hotel in Asia and a powerful step forward in redefining what modern hospitality can be. Bringing a new kind of experience to a high-impact destination like Phuket, a place where culture, vibrancy, and community converge, is truly exciting. We are confident that TRIBE's concept will stand out, creating spaces that resonate with today's savvy, design-conscious travellers.' With a focus on cost-effectiveness, the TRIBE brand has properties in more than ten countries, encompassing flagships in Belo Horizonte and Auckland, while parent company Accor has a portfolio of more than 5,600 properties throughout over 110 countries. In November 2024, TRIBE reached a significant milestone with the expansion of its portfolio to 20 properties worldwide, marking a growth for the Accor brand. "Accor's TRIBE Hotels debuts in Phuket, Thailand" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Business Journals
2 days ago
- Business
- Business Journals
5 things: Nespresso store opens in Roseville Galleria
Welcome to Monday, loyal readers. Here's what you need to know today. Want more local business headlines? Sign up for our morning and afternoon newsletters to get Sacramento business news delivered straight to your inbox. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events Nespresso opens in Roseville Galleria In December, I told you that Nespresso appeared to be planning a store in the Westfield Galleria at Roseville. Update: The retailer, known for its coffee and espresso machines, is now open in Roseville. Nespresso is one of the brands from Nestle. The Roseville store will offer classes and "self-guided experiences," according to the news release. "It also features the first self-checkout in any Nespresso location nationwide," the release states. The Westfield Galleria at Roseville is the Sacramento area's largest shopping center. Latest on planned Costco store in west Roseville Fast-growing west Roseville is a step closer to getting more retail to go with all those houses. The city has issued a building permit for a commercial building at 5200 Baseline Road, the same address for a Costco store proposed more than two years ago. Records show the project has an estimated cost of $8.68 million. Costco Wholesale Corp. has approvals for a 160,529-square-foot store with both a fueling station and car wash near the northwest corner of Baseline and Fiddyment roads. Senior Reporter Ben van der Meer has an update on the planned Costco location in west Roseville. Blue Shield plans local layoffs Blue Shield of California will lay off 41 employees in the Sacramento region, effective Sept. 23, according to a Worker Adjustment and Retraining Notification filed with the state. The cuts include three employees at its Rancho Cordova location at 3300 Zinfandel Drive and a total of 38 employees across two offices in El Dorado Hills: six at 4203 Town Center Blvd., Building C, and 32 at 4205 Town Center Blvd., Building B. The company confirmed the layoffs, stating the reductions represent less than 2% of its total workforce. Reporter Chris Campbell has details about Blue Shield of California's planned layoffs in Rancho Cordova and El Dorado Hills. Marketplace at Granite Bay adds hot chicken restaurant The Marketplace at Granite Bay is replacing a mostly vegan restaurant with a hot chicken eatery. The shopping center, located at the northwest corner of Douglas Boulevard and Auburn Folsom Road, confirmed that former restaurant Green Grill has assigned its lease to a group opening a new concept called Yummy Hot Chicken. Reporter Jake Abbott explains what to expect from Yummy Hot Chicken in Granite Bay. Mercy San Juan Medical Center names new CEO Dignity Health has named Austin Manning as the new president and CEO of Mercy San Juan Medical Center in Carmichael, effective July 14. Manning succeeds Michael Korpiel, who announced his retirement earlier this year after leading the hospital since 2017. Manning most recently served as CEO of Timpanogos Regional Hospital in Orem, Utah. Reporter Chris Campbell explains what you need to know about Mercy San Juan Medical Center's new CEO. Have a great day, folks. Thanks for reading.
CNBC
4 days ago
- Business
- CNBC
Coffee giant Nescafe targets Gen Z as consumption habits shift
ORBE, Switzerland — For almost a century, a nondescript factory in an unsuspecting town beneath the Swiss mountains has played host to some of the most widely consumed coffee trends brewed up by caffeine giant Nescafe. From the 1938 launch of its flagship soluble powdered coffee to freeze-dried granules and later coffee capsules, the Nestle-owned household brand is now targeting its latest iteration for the next generation of coffee drinkers. "We have to develop solutions specifically to bring young people into the Nescafe brand," Don Howat, global category lead for Nescafe at Nestle, told CNBC. For Nescafe, that means targeting the ballooning cold coffee market. Today, one-third (32%) of coffee consumed out-of-home is iced, according to company compiled estimates. For many younger consumers, namely Gen Z, it's often their first introduction to the ubiquitous drink. "Nescafe's heartland is really in the morning, drunk hot," Howat continued. "We're trying to move into a space which is throughout the day — more in the afternoon, consumed cold, retargeting that younger generation." "That provides a super exciting growth opportunity for Nescafe." Coffee is a big bet for Nestle, with Nescafe and sister brand Nespresso accounting for two of the company's six key priorities for 2025. It represents a return to the core for the world's largest food and beverage company, whose main lines include coffee, pet care and food under popular brands such as Nespresso, Purina and KitKat. Nestle's stock has lagged major rivals such as Unilever and Danone over recent years amid weaker sales growth and revised guidance, even as the sector at large has come under pressure from higher commodity prices and increased private label competition. CEO Laurent Freixe, who took the helm in September, has vowed to refocus the business, saying a slew of acquisitions under his predecessor had "weakened the fabric" of the company. "We want fewer, bigger, better innovations. We want breakthrough and impact," Freixe told a media event earlier this month, citing coffee as one of the categories with the highest rate of "clear-cut" wins. The firm's latest gambit, Nescafe Espresso Concentrate, nevertheless marks a new approach to product development — one it plans to extend to other categories. The cold liquid concentrate, which can be used as a base for chilled caffeine drinks, was developed in a research and development (R&D) accelerator and trialed in U.S. Kroger stores before its ultimate sign off. It is one in a stream of cold coffee products to flood the market lately, however the majority have been in the pre-mixed, ready to drink (RTD) space. Nestle says its goal is customization, with the concentrate designed to let consumers "hack" their coffee at home according to their preferences, for instance by adding milk, water, lemonade or other beverages. "Most young people have grown up with coffee cold … their expectation is for cold coffee, lots of flavors, textures, additions," Howat said. Launched in Australia in late 2024, the product has since expanded to the U.S., U.K., Canada, Japan, China and Singapore with plans for further markets underway. Meanwhile a collaboration with influencer Zach King is seen marketing the product at social media users. "It's achieving what we set out to achieve," Howat said. "It just takes the brand into a different space." The coffee giant is now hoping that by targeting new consumers and consumption habits, it could pave the way for further expansion into adjacent categories. That includes penetrating traditional tea markets like India, China and Japan, building out customization and premiumization, and targeting new consumption occasions. "What's interesting about younger consumers is they're drinking a lot less alcohol," Howat said. Successive studies have pointed to lower alcohol consumption habits among Gen Z compared to previous generations, sparking a surge in non-alcoholic and health and wellness-oriented alternatives. July research from an ISWR survey sought to debunk that narrative, however, citing the cost-of-living crisis as a source of the perceived abstinence trend. Nescafe nevertheless said it sees new scope to position coffee as an all-day product and sophisticated alcohol alternative. "When they socialize in the evening with their friends, they'd like to drink something which is adult but perhaps doesn't have alcohol," he continued. "That provides an opportunity for Nescafe to get into that space, perhaps with decaffeinated products, with cold products, indulgent products," he said.
The Age
5 days ago
- The Age
This upscale brand's first Thai hotel is a haven of good taste
The staff, multilingual and right on the ball, wear 'non-uniform' uniforms. The overall aesthetic – contemporary Thai – eschews the usual Siamese Orientalist motifs of temples, elephants and tuk-tuks. Nevertheless, there's certain to be a traditional spirit house altar in the grounds. The room Madi Paidi Bangkok has 56 guest rooms and suites. My sapphire premium king room with city views occupies 40 square metres on the ninth floor. There's plenty of natural lighting via floor-to-ceiling windows with blackout curtains, plus a large TV and high-speed Wi-Fi. The bathroom is a pleasure, with deep blue wall tiles and a voluminous bathtub. The lid of the over-fangled bidet loo spookily opens whenever you pass, as though one is being prompted to spend a penny. Unnerving. The room's drawbacks are minor but deserve mention. Neither of the chairs matches the room table height for comfortable working. The bed cover is a thick duvet: either you roast under it or have to crank up the air-conditioner to chill the room. The Nespresso coffee maker comes only with sachets of creamer, no UHT milk. Food + drink 'Kin khao rue yang?' A cheerful waiter greets me with a traditional Thai welcome: 'Have you eaten yet?' Madi Paidi's busy EKKALUCK restaurant is overseen by executive chef (and ex-Melbournian) Khun 'Tor' Tishabhiromya, whose east-west menu, brunch, lunch and later (buffet and a la cate) spans the gaps for late-risers, early-lunchers and all-comers thereafter. With blended Thai and international components, there is a superior pad thai, pasta, chicken ballantine or a lip-smacking, pumpkin creme brulee creation called sang ka-ya fuk thong. Prices in the international wine list inevitably reflect Thailand's hefty tariffs on imported alcohol. Surprisingly, the alternative, more reasonably priced local labels such as GranMonte are not listed. Out + about Madi Paidi is on an upmarket residential street parallel to busy Soi Thong Lor (Soi Sukhumvit 55), an extended zone of restaurants, clubs, shops, bars, day spas, hotels and dental practices. Acclaimed Thai restaurant is on the same street. Think Thong Lor for wining, dining and teeth whitening rather than history or temples. For serious brand-name mall trawling, travel one stop on the Skytrain to Phrom Phong and the EmQuartier complex, or one more to Terminal 21 at Asoke for even wider choice. The verdict Madi Paidi is a haven of good taste, art and cuisine – an enjoyable respite from the intensity of Bangkok, complete with compact gym and rooftop pool. Tailor-made for city trippers, design fans and adventurous diners. Loading Essentials Rooms from $268 (THB 5794) a night, plus taxes and fees. There is a limited number of accessible suites. Madi Paidi Bangkok, Autograph Collection, 22 Soi Sukhumvit 53, Thong Lor, Bangkok. Phone: +66 2 127 5953. See Highlight Convenient location, creative design and at-ease ambience. Lowlight Minor in-room issues such as no milk (creamer only) and a heavy duvet. Our score out of five ★★★★½
