Latest news with #SaltedCaramelMocha
Business Insider
08-07-2025
- Business
- Business Insider
Big Changes Coming to Some Starbucks (NASDAQ:SBUX) Locations, Shares Slip
Coffee giant Starbucks (SBUX) has been eagerly trying to get more people interested in coming in, hanging around, and buying more coffee while they are there. Sometimes referred to as the 'Back to Starbucks' plan, the changes include modified furniture and décor in a bid to not only get customers in the door, but also to encourage them to stay. California and New York stores are in line for a major renovation, but investors were not interested and sent shares down fractionally in Monday afternoon's trading. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Early reports note that several New York stores have already been redone, offering '…cozy chairs, hardwood floors, and artwork on the walls that capture the spirit of the areas' local communities.' Ceramic mugs and a self-service condiment bar are also back in play to encourage people to personalize their beverages and make the experience more their own. Better yet, Starbucks has also revamped its order processes and pared back its menu, which allowed around 75% of orders at test locations to reach completion in under four minutes. The changes are expected to continue hitting stores, and investors will naturally be watching closely to see what impact this has on sales and revenue accordingly. The Frappuccino, Revamped One of Starbucks' leading beverages is the Frappuccino. Though this has not seen much change in recent months, that itself is about to change, as Starbucks is rolling out several new breeds of this frozen coffee wonder. Dubbed the 'Strato' line, the three new drinks feature layers of cold foam stacked on top of the beverage itself. The Strato drinks come in three flavors: Strawberry Matcha, Brown Sugar, and Salted Caramel Mocha. Those interested in trying out the beverages will need only to hit their local Starbucks starting tomorrow, July 8, to get hands on one. Or all three, whichever. But those who have a taste for this latest Starbucks treat will want to move quickly; the drinks are a limited time offering. Is Starbucks Stock a Good Buy? Turning to Wall Street, analysts have a Moderate Buy consensus rating on SBUX stock based on 13 Buy and 11 Hold recommendations assigned in the past three months, as indicated by the graphic below. After a 26.65% rally in its share price over the past year, the average SBUX price target of $95.52 per share implies 2.03% upside potential.
Hindustan Times
02-07-2025
- Business
- Hindustan Times
What is Luckin Coffee? Chinese Starbucks competitor opens first stores in THIS US state, offers affordable beverages
Luckin Coffee, the biggest coffee chain in China, is now formally open in the United States, competing with Starbucks. Luckin Coffee officially enters the U.S. market with stores in Manhattan, directly competing with Starbucks.(Getty Images) Starbucks faces intense competition in China, its second-largest market after the United States, where consumers are becoming more frugal with their spending. Domestic competitors like Luckin Coffee, which draws clients with cashierless locations and cups as cheap as 8.8 to 9.9 yuan ($1.23 to $1.38), pose serious threats to Starbucks. Currently, Luckin Coffee is flourishing in the United States, launching two stores in Manhattan, New York City. According to the brand's Instagram page, the company offered complimentary tote bags to the first 100 clients as part of special promotions to commemorate the launch of the stores on Monday. While Luckin Coffee's U.S. opening day is over, New Yorkers can still look forward to a unique treat at the two locations: drinks that cost $1.99. A person can download and order drinks through the Luckin Coffee app in order to take advantage of the offer on the first beverage order. Like Starbucks, Luckin Coffee serves a variety of beverages in addition to hot or iced coffee, such as frappes, matcha, specialty lattes, and refreshers. The company also sells cold brew in a variety of flavors, including pineapple, blood orange, coconut, and raspberry. Also Read: McDonald's expands menu with new burger to its menu; What it is, price and where you can get What is Luckin Coffee? With more than 22,000 outlets since its establishment in 2017, Luckin Coffee has emerged as one of China's fastest-growing coffee businesses. Singapore is home to its stores as well. The chain's mobile app allows its locations in China to function without cashiers, enabling customers to order their drinks by paying online. This isn't the case with the new Manhattan outlets, though, as cashless establishments aren't allowed in NYC till 2020. According to Luckin, their coffee beans are sourced directly from the best coffee-producing locations, and the coffee is chosen from over 180 blending formulas that closely fit consumer preferences. Starbucks participated in the most recent battle in China over low rates for coffee earlier this month. The company announced that it would make dozens of its products, including non-coffee drinks like the Frappuccino, more "accessible" in a post on its Weixin social media account. Prices for some drinks will start at just 23 yuan ($3.21). Starbucks alters menu for the summer Starbucks recently revealed some modifications to its summer menu in the United States. The Strawberry Matcha, Brown Sugar, and Salted Caramel Mocha are new frappuccinos that will be available in stores in July, with a layer of cold foam on top.
Hindustan Times
02-07-2025
- Business
- Hindustan Times
What is Lucking Coffee? Chinese Starbucks competitor opens first stores in THIS US state, offers affordable beverages
Luckin Coffee, the biggest coffee chain in China, is now formally open in the United States, competing with Starbucks. Luckin Coffee officially enters the U.S. market with stores in Manhattan, directly competing with Starbucks.(Getty Images) Starbucks faces intense competition in China, its second-largest market after the United States, where consumers are becoming more frugal with their spending. Domestic competitors like Luckin Coffee, which draws clients with cashierless locations and cups as cheap as 8.8 to 9.9 yuan ($1.23 to $1.38), pose serious threats to Starbucks. Currently, Luckin Coffee is flourishing in the United States, launching two stores in Manhattan, New York City. According to the brand's Instagram page, the company offered complimentary tote bags to the first 100 clients as part of special promotions to commemorate the launch of the stores on Monday. While Luckin Coffee's U.S. opening day is over, New Yorkers can still look forward to a unique treat at the two locations: drinks that cost $1.99. A person can download and order drinks through the Luckin Coffee app in order to take advantage of the offer on the first beverage order. Like Starbucks, Luckin Coffee serves a variety of beverages in addition to hot or iced coffee, such as frappes, matcha, specialty lattes, and refreshers. The company also sells cold brew in a variety of flavors, including pineapple, blood orange, coconut, and raspberry. Also Read: McDonald's expands menu with new burger to its menu; What it is, price and where you can get What is Lucking Coffee? With more than 22,000 outlets since its establishment in 2017, Luckin Coffee has emerged as one of China's fastest-growing coffee businesses. Singapore is home to its stores as well. The chain's mobile app allows its locations in China to function without cashiers, enabling customers to order their drinks by paying online. This isn't the case with the new Manhattan outlets, though, as cashless establishments aren't allowed in NYC till 2020. According to Luckin, their coffee beans are sourced directly from the best coffee-producing locations, and the coffee is chosen from over 180 blending formulas that closely fit consumer preferences. Starbucks participated in the most recent battle in China over low rates for coffee earlier this month. The company announced that it would make dozens of its products, including non-coffee drinks like the Frappuccino, more "accessible" in a post on its Weixin social media account. Prices for some drinks will start at just 23 yuan ($3.21). Starbucks alters menu for the summer Starbucks recently revealed some modifications to its summer menu in the United States. The Strawberry Matcha, Brown Sugar, and Salted Caramel Mocha are new frappuccinos that will be available in stores in July, with a layer of cold foam on top.
New York Post
28-05-2025
- Entertainment
- New York Post
Starbucks debuts its 4 new, hotly anticipated summer Frappuccino flavors
Starbucks is brewing up new Frappuccinos this summer. The coffee giant announced that it will launch four new Frappuccino flavors for the summer, coming this July. The new blended beverages include Salted Caramel Mocha, Strawberry Matcha and Brown Sugar — all of which come topped with cold foam — as well as the Firework Frappuccino. Advertisement Timed to the Fourth of July, the Firework Frappuccino gives a 'festive twist' on the Summer-Berry Refresher. According to an apparent employee on Reddit, the Firework Frappuccino is made with a Summer Berry and coconut milk base, pearls, puree and cold foam. The user also noted that the holiday-inspired frap will only be available from July 1 through July 7. Advertisement 5 Starbucks' new Brown Sugar Strato Frappuccino. Starbucks 5 Starbucks' new Matcha Strato Frappuccino. Starbucks While many customers seem to be excited about the new Frappuccinos, baristas online are less than happy — complaining that the new fraps go against the company's goal to 'simplify' the menu. 'So much for simplifying the menu, my fraps already take longer than any other drink to make for me,' one complained on Reddit. 'This is gonna suuuuuck so much to make quickly.' Advertisement 'Yeah, I mean, didn't you hear them? were simplifying the menu by taking away the fraps with coffee and coming out with 12 step drinks with cold foam. obviously this is what makes sense,' another snarked. 5 Starbucks' new Salted Caramel Mocha Strato Frappuccino. Starbucks 5 Starbucks' new Firework Frappuccino. Starbucks When CEO Brian Niccol first took charge of the company, he noted that one of his priorities to accelerate growth would be to simplify the 'overly complex' menu so baristas can speed up service — part of his 'Back to Starbucks' initiative. Advertisement 'back to 30 minute wait times enjoy,' someone quipped. Starbucks launched its summer menu in May with returning favorites as well as new seasonal drinks and snacks. On the seasonal menu is the brand-new Iced Horchata Oatmilk Shaken Espresso, which combines blonde espresso with horchata syrup — a mix of cinnamon, vanilla and rice flavors — shaken with ice and topped off with oat milk. 5 The coffee giant has four new blended beverages for the summer. Starbucks Another new treat to the menu is a food item: the Strawberries & Cream Cake Pop, which is designed to look like a strawberry and features strawberry cream cake with buttercream and dipped in chocolate icing. Additionally, their new Brown Sugar Cream Cold Foam 'offers a light and silky texture with a caramel-like sweetness and pairs perfectly with a Cold Brew, Iced Chai or Iced Flat White.'
