Tag

Coffee Chain

All articles tagged with #coffee chain

business2 years ago

"Pittsburgh Coffee Chain Shuts Down Amid Union Controversy"

Pittsburgh coffee chain Adda Coffee & Tea House is closing all of its four locations after its employees announced unionization with UFCW Local 1776, citing the need for living wages, fair scheduling, workplace policies, and a tip structure. The company stated that it had been operating at a loss since its inception, exacerbated by the pandemic, and despite efforts to re-evaluate its business model, its monetary reserves are depleted. The decision to close came after an all-employee meeting revealed that the business could not be turned around without additional investment.

business2 years ago

"Pittsburgh's Adda Coffee Chain Shuts Down Amid Union Efforts"

A Pittsburgh coffee chain has closed all its locations shortly after employees announced unionization efforts, leaving workers and customers surprised and disappointed. The closures come after employees at multiple locations publicly announced their plans to unionize, citing concerns about wages, benefits, and working conditions. The sudden shutdown has sparked speculation about whether the unionization efforts played a role in the chain's decision to close, leaving both employees and patrons in limbo.

business2 years ago

Rapidly Growing Coffee Chain Builds Profitability and Community Beyond Starbucks

Dutch Bros, a smaller competitor to Starbucks, is rapidly expanding with a focus on customer connection and community involvement, showcasing impressive financial results and a unique company culture. Despite competition and debt challenges, Dutch Bros' growth and profitability potential make it a compelling choice for investors in the coffee industry.

business2 years ago

CosMc's: McDonald's Bold Move into the Coffee Chain Market

McDonald's is piloting a new cafe concept called CosMc's, which focuses on customizable coffee drinks and aims to tap into the lucrative specialty coffee market. By launching a separate brand, McDonald's can experiment with complex beverages without disrupting its regular business. Beverages, especially customizable ones, have high profit margins and can drive additional food sales. CosMc's allows McDonald's to participate in the growing coffeeshop category and compete with chains like Starbucks. The limited test of 10 stores provides McDonald's with the opportunity to learn, experiment, and potentially scale up the business in the future.