SEATTLE – Starbucks Corp.’s prime- and bottom-line overall performance mirrored strength even as the speedy-company chain continues to adapt to changing current market circumstances influenced by the omicron variant of COVID-19. Earnings rose 31{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} and product sales rose 19{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} during the quarter ended Jan. 2 when as opposed to the […]

LOS ANGELES — Personal equity firm Nexus Capital Management LP on Jan. 31 closed its acquisition of the R.W. Knudsen and TruRoots corporations from Orrville, Ohio-dependent J.M. Smucker Co. The transaction, which is valued at $110 million, also includes a licensing agreement for Santa Cruz Natural drinks as well as […]

OAKLAND, CALIF. — Functional soda model Olipop raised $30 million in a Series B funding round at a $200 million valuation. Launched in 2018 by beverage business people Ben Goodwin and David Lester, Olipop is on a mission to disrupt the soda marketplace with its gut-helpful formulation and nostalgic flavors. Each […]