The company, which is now valued at $15 billion, will use the funding to expand to new locations and offer fresh meal delivery through Gopuff Kitchens.
While CPGs and others in the coffee industry scramble due to inflation and rising green coffee prices, Starbucks is sticking with its strategy of buying 12 to 18 months early to secure pricing.
Investments in virtual restaurants rose in 2020 as operators adapted their offerings for the pandemic. Discover how restaurants are experimenting to meet diner expectations in this new Trendline.
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