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industry headlines

Caribou Coffee Reports Second Quarter 2008 Results

2008-08-06 "Other Sales” increased 68 percent compared to the second quarter of 2007, and comparable coffeehouse net sales decreased 1.7 percent.

SBA Disaster Loan Deadline Nears

2008-08-01 Businesses in the counties of Bristol, Middlesex, Norfolk, Plymouth, Suffolk, and Worcester in Massachusetts and Providence County in Rhode Island are eligible.

CEO Confidence Falls 2.3 Points

2008-07-31 The index fell to 82.2, its lowest point since 2002, when it started at 100 points.

Despite Iowa Floods Bruegger's Realizes Sales

2008-07-30 The company reached its 17 consecutive quarter of growth and plans to open 14 bakeries next quarter.

Schultz Announces More Store Closings

2008-07-30 Starbucks will close 61 of its 84 Australian units and has restructured five corporate positions.

Javo Beverage Hits 49% Gross Profit Margin

2008-07-30 The company credits its recent integration of coffee roasting, thermal processing, and packaging operations for its success.

Javo Second Quarter Revenues Surge to $6.7 Million

2008-07-22 Dispensed beverage locations top 8,800 for second quarter.

NexCen Extends Forbearance with Lender

2008-07-18 The company intends to continue working with BTMU Capital Corporation to formalize the restructuring by the end of the forbearance period on August 8, 2008.

BK Buys Back Franchised Stores

2008-07-18 The company acquired 72 Burger King restaurants in Iowa and Nebraska from franchisee Simmonds Restaurant Management.

Port City Java Signs First Jordan Lease

2008-07-03 The company has already approved a second site and the lease is in negotiation.