Caribou Coffee

Caribou Coffee Selects Toast to Support Growing Coffeehouse Footprint

Retrieved on: 
Wednesday, February 21, 2024

Toast (NYSE: TOST), the digital technology platform built for restaurants, today announced an agreement with Caribou Coffee to implement Toast Enterprise Solutions across 500 initial coffeehouse locations in the United States.

Key Points: 
  • Toast (NYSE: TOST), the digital technology platform built for restaurants, today announced an agreement with Caribou Coffee to implement Toast Enterprise Solutions across 500 initial coffeehouse locations in the United States.
  • In addition to Toast point-of-sale (POS) terminals, Caribou Coffee will use Toast Payments , Kitchen Display Systems (KDS), and Multi-Location Management .
  • To help support the brand’s growing coffeehouse footprint, Caribou Coffee sought a modern technology partner with a robust, scalable POS solution that would be easy to use for all stakeholders including company and franchisee operators and team members.
  • “Caribou Coffee was founded over 30 years ago with a vision to bring personal service into the coffeehouse space.

Beekeeper Sees Continued Momentum in Frontline Industries, Helping more than 1,300 Organizations Solve the Frontline Disconnect with Digital Solutions

Retrieved on: 
Thursday, February 22, 2024

ZURICH, Feb. 22, 2024 /PRNewswire-PRWeb/ -- Beekeeper, provider of the leading frontline success system purpose-built for deskless workers, today announced continued momentum within the hospitality, healthcare, construction and manufacturing industries. Beekeeper also recently added more than 150 new organizations to its growing global roster of customers, many of which are replacing existing solutions for Beekeeper to adequately connect and engage with frontline workers. The company also announced it was included in recent research reports by leading industry analyst firms, including Forrester Research, Gartner and 451 Research.

Key Points: 
  • ZURICH, Feb. 22, 2024 /PRNewswire-PRWeb/ -- Beekeeper , provider of the leading frontline success system purpose-built for deskless workers, today announced continued momentum within the hospitality, healthcare, construction and manufacturing industries.
  • Beekeeper also recently added more than 150 new organizations to its growing global roster of customers, many of which are replacing existing solutions for Beekeeper to adequately connect and engage with frontline workers.
  • They join existing clients such as Cargill, Heathrow Airport and Mandarin Oriental Hotel Group, which have expanded their use of Beekeeper's solutions.
  • Beekeeper offers solutions to address the often overlooked and growing disconnect between frontline workers and management that can lead to increased disengagement among frontline workers.

Caribou Coffee Enters Long-Term Strategic CPG License Agreement with JDE Peet's

Retrieved on: 
Thursday, January 18, 2024

MINNEAPOLIS, Jan. 18, 2024 /PRNewswire/ -- Caribou Coffee, a global premium coffeehouse, today announced an agreement to license its brand in the consumer packaged goods and foodservice channels to JDE Peet's in a transaction valued at $260M. The transaction also includes the transfer of Caribou Coffee's roasting operations in Minnesota and its office coffee and foodservice contracts. The mutually beneficial transaction enables Caribou Coffee to focus on its core popular retail coffeehouse business while providing JDE Peet's a strong platform to expand its premium coffee portfolio in North America. The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions.

Key Points: 
  • The transaction also includes the transfer of Caribou Coffee's roasting operations in Minnesota and its office coffee and foodservice contracts.
  • The mutually beneficial transaction enables Caribou Coffee to focus on its core popular retail coffeehouse business while providing JDE Peet's a strong platform to expand its premium coffee portfolio in North America.
  • Under the licensing agreement, JDE Peet's will manufacture, market and sell Caribou Coffee's consumer packaged goods and foodservice coffee products outside of its coffeehouses.
  • Over the coming months, senior leaders from JDE Peet's and Caribou Coffee will work together to ensure a smooth transition of Caribou Coffee's commercial coffee business and roastery assets.

Beekeeper Announces Frontline Hero Award Winners for 2023

Retrieved on: 
Thursday, November 16, 2023

SAN FRANCISCO and ZURICH, Nov. 16, 2023 /PRNewswire-PRWeb/ -- Beekeeper, the leading frontline success system, today announced the winners of their second annual "Frontline Hero Awards." This award recognizes the frontline employees who have gone above and beyond in their roles. Frontline Heroes support their teams, improve customer experience, foster employee development and build stronger relationships across their teams.

Key Points: 
  • SAN FRANCISCO and ZURICH, Nov. 16, 2023 /PRNewswire-PRWeb/ -- Beekeeper , the leading frontline success system, today announced the winners of their second annual "Frontline Hero Awards."
  • The world needs more frontline heroes like these and we here at Beekeeper are happy to celebrate this year's winners with the public."
  • Beekeeper has partnered with leading frontline organizations to honor and celebrate frontline heroes across every industry.
  • Each year, a panel of judges reviews hundreds of frontline hero nominees who play a vital role in their organization.

Restore Hyper Wellness Announces New Additions to Leadership Team

Retrieved on: 
Tuesday, October 24, 2023

Restore Hyper Wellness , the nation’s largest provider of science-backed, personalized therapies with 225+ locations, today announced a significant expansion of the company’s Leadership Team.

Key Points: 
  • Restore Hyper Wellness , the nation’s largest provider of science-backed, personalized therapies with 225+ locations, today announced a significant expansion of the company’s Leadership Team.
  • Mr. Smith is the former CEO of CardMyYard and previously served as the VP of Operations for Anytime Fitness, The Cookie Place, and Cinnabon, with additional franchise leadership for Jamba Juice and Caribou Coffee.
  • Before joining Restore, Mr. Vaith served as the Director of Franchise Support for Anytime Fitness.
  • I’m elated to welcome each of them to Restore—where together, we’ll strengthen and expand Restore’s market-leading position as America’s largest direct-to-consumer proactive health and wellness company.”

Panera Brands Appoints Paul Carbone as Chief Financial Officer

Retrieved on: 
Tuesday, August 15, 2023

Panera Brands Inc., which includes the iconic fast casual and hospitality brand Panera Bread as well as Caribou Coffee and Einstein Bros. Brands, is pleased to announce the appointment of long-time industry executive Paul Carbone as Chief Financial Officer, effective August 15, 2023.

Key Points: 
  • Panera Brands Inc., which includes the iconic fast casual and hospitality brand Panera Bread as well as Caribou Coffee and Einstein Bros. Brands, is pleased to announce the appointment of long-time industry executive Paul Carbone as Chief Financial Officer, effective August 15, 2023.
  • Mr. Carbone brings decades of operational, IPO and public company experience and will be an integral part of Panera Brands leadership during the company’s next phase of growth.
  • View the full release here: https://www.businesswire.com/news/home/20230814561413/en/
    “I am excited for Paul to join the team as we continue to focus on long-term value-creation for Panera Brands,” said José Alberto Dueñas, CEO of Panera Brands and Panera Bread.
  • “I look forward to joining an already outstanding leadership team and accelerating the momentum of Panera Brands to deliver long-term growth and success.”

Pumpkin is back: Caribou Coffee fans rejoice with the return of delicious and cozy flavors of fall

Retrieved on: 
Thursday, August 17, 2023

MINNEAPOLIS, Aug. 17, 2023 /PRNewswire/ -- Caribou Coffee, a global premium coffeehouse and Panera Brands company, is excited to announce one of the most highly anticipated flavors of the season with the return of pumpkin. Starting Thursday, August 24, guests can pick their perfect pumpkin drink with an extensive menu of 15 different handcrafted beverages to choose from. From the newest addition to our Espresso Shaker line up, the new Pumpkin Espresso Shaker to the Pumpkin Iced Crafted Press, to the guest-favorite Pumpkin White Mocha, there are endless options to fill your cup.

Key Points: 
  • Caribou Coffee's fall menu includes:
    Pumpkin Espresso Shaker – Real pumpkin purée and fresh espresso shaken with ice and topped with a splash of oatmilk.
  • Pumpkin White Mocha Cooler – Coffee blended with ice, white chocolate and real pumpkin purée; topped with whipped cream and white chocolate drizzle.
  • Pumpkin Hot Crafted Press – Cold-brewed coffee steamed with a splash of milk, real sugar and a hint of real pumpkin purée.
  • Pumpkin Iced Crafted Press – Cold-brewed coffee with a splash of milk, real sugar and a hint of real pumpkin purée.

Panera Brands Prepares IPO with Next-Generation Leadership and Board Appointments

Retrieved on: 
Tuesday, May 23, 2023

Panera Brands Inc., which includes the iconic fast casual and hospitality brand Panera Bread as well as Einstein Bros. Bagels and Caribou Coffee, today announced the establishment of its next generation of CEO leadership and Board governance in preparation for its eventual IPO.

Key Points: 
  • Panera Brands Inc., which includes the iconic fast casual and hospitality brand Panera Bread as well as Einstein Bros. Bagels and Caribou Coffee, today announced the establishment of its next generation of CEO leadership and Board governance in preparation for its eventual IPO.
  • Current CEO Niren Chaudhary will become Chairman of Panera Brands, handing the CEO reins to José Alberto Dueñas, currently President and CEO of Einstein Bros. Bagels, effective July 1, 2023.
  • Panera Brands generated more than $4.8 billion in revenue in fiscal year 2022.
  • “It has been an honor to lead Panera Brands during such a transformative time for our company,” said Mr. Chaudhary.

CARIBOU COFFEE ANNOUNCES OVER 300 FRANCHISE LOCATIONS

Retrieved on: 
Tuesday, April 25, 2023

MINNEAPOLIS, April 25, 2023 /PRNewswire/ -- Caribou Coffee®, a national premium coffeehouse and Panera Brands company, is pleased to announce the signing of several multi-unit development agreements to franchise more than 300 new locations domestically. Caribou Coffee expanded its franchise program in October 2021, marking the first time interested candidates had an opportunity to own and operate traditional franchise locations in the United States.

Key Points: 
  • Caribou Coffee expanded its franchise program in October 2021, marking the first time interested candidates had an opportunity to own and operate traditional franchise locations in the United States.
  • In March 2022, Caribou Coffee announced the signing of its first multi-unit development agreement with Mike Mariola Restaurants to franchise locations in Ohio.
  • Caribou Coffee also executed a multi-unit development agreement with Wake Up 727 to franchise locations in Pinellas County Florida, most known for the cities of St. Petersburg and Clearwater.
  • Most recently, Caribou Coffee entered into multi-unit development agreements with Kevin Ricci and Sam Covelli, the brand's largest domestic franchise agreements to date.

Informa's Zephyr Announces Strategic Partnership and Integration with FutureVault

Retrieved on: 
Wednesday, April 19, 2023

NEW YORK, April 19, 2023 /PRNewswire/ -- Zephyr, a subsidiary of Informa plc (LSE: INF), and a recognized leader in financial services software for investment professionals via their Zephyr investment management platform has entered into a strategic partnership with FutureVault, an industry leading provider of SEC and FINRA-compliant digital document vault solutions. FutureVault has been at the forefront of developing software to address crucial compliance requirements.

Key Points: 
  • "We see numerous applications for FutureVault's Personal Life Management Vault™, says Chris Volpe, head of Zephyr.
  • The Zephyr and FutureVault integration is scheduled for late Q2 2023.
  • Zephyr provides investment professionals access to timely information, exclusive research and comprehensive data to keep their clients' clients engaged and informed.
  • The Zephyr team is committed to ensuring their customers possess all the necessary resources to exceed their client's expectations.