Tag: business

Alshaya Group reportedly in talks to sell minority stake in Starbucks business

US investment firm Apollo Global Management Inc and Saudi Arabia’s Public Investment Fund (PIF) have been cited as interested parties in the 2,000-store coffee shop franchise A Starbucks store in Riyadh, Saudi Arabia | Photo credit: Alshaya Group   Kuwait-based Alshaya Group is in reportedly talks to sell a minority stake in its sizeable Starbucks franchise business in the Middle East.    US private equity ...

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ofi sets its sights on a 30% reduction by 2030

Ingredient and raw materials major ofi (Olam Food Ingredients), which supplies cocoa, coffee, dairy, nuts and spices to the food industry has announced new coffee sustainability targets for the next six years and cutting carbon emissions is top of the agenda. Launched as part of their coffee Livelihoods, Empowerment, and Nature at Scale campaign (LENS), it is the result of extensive research into the impact ...

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Palestine welcomes Scooter’s Coffee | News

Scooter’s Coffee has added a new location at 2107 W. Oak St. in Palestine. To celebrate its new drive-thru location, Scooter’s is hosting a Grand Opening Friday, Sept. 8.The Palestine Area Chamber of Commerce will be on hand at 11 a.m. to welcome the new restaurant with a ribbon cutting.The new coffee restaurant is a drive-thru location only. JOE ELERSON During the grand opening customers ...

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