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Starbucks is launching olive oil-infused coffee in Italy, plans U.S. release this spring - TL;DR CNBC

Starbucks is launching olive oil-infused coffee in Italy, plans U.S. release this spring

Publishing timestamp: 2023-02-21 16:12:43


Summary

Starbucks is launching a new line of coffee drinks called "Oleato" which infuses olive oil into coffee drinks. The idea was born from a trip CEO Howard Schultz took to Italy this summer. The Oleato line will be available in Italy, the US, the UK, Japan, and the Middle East. The drinks are meant to appeal to health-conscious consumers and are a parting gift from Schultz, who is stepping down in April.


Sentiment: POSITIVE

Tickers: SBUX

Keywords: starbucks corprestaurantsitalybusinesshoward schultzretail industrybreaking news: businessbusiness news

Source: https://www.cnbc.com/2023/02/21/starbucks-olive-oil-infused-coffee.html


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