These are the stocks posting the largest moves before the bell.Market Insiderread more
The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
Investors are asking how the world's third-largest defense spender could have left itself so vulnerable and what that means for the future.Politicsread more
The presidential campaign is "going to be very tough," the former chief White House strategist.Politicsread more
Huawei launched a new 5G flagship smartphone lineup Thursday without pre-installed Google-licensed apps as the Chinese tech giant faces fallout from a U.S. blacklist earlier...Technologyread more
The Candytopia and Toys R Us partnership will open in late October in Chicago and Atlanta. The exhibits will stay open through the 2019 holidays, before moving on to different...Retailread more
Initially introduced in March 2018, the "Worker Dividend Act" requires firms to distribute the value of its stock buybacks dollar-for-dollar.2020 Electionsread more
A spokesperson for Sen. Mark Warner, D-Va., said he helped organize the dinner in D.C. at the request of Facebook.Technologyread more
The data pointed to strong labor market conditions that should continue to support a moderately growing economy.Economyread more
Warren Buffett and Jamie Dimon penned an attack on quarterly guidance and the short-term shareholder mindset last year, and support has followed from the Business Roundtable....Evolveread more
Americans crave their daily fix of coffee, drinking an estimated 400 million cups a day, so it's no wonder that coffee retailers have grown significantly over the last several years, even in the face of tough economic times.
Here, we take a look at the coffee retail chains that had the fastest year-over-year pace of growth in 2010, according to figures from market research group Technomic. Click ahead to see the fastest-growing coffee chains in America.
Published 22 September 2011
By Constance Parten
CNBC's The Coffee Addiction
2010 Sales: $211 million
Peet's Coffee & Tea has been around a lot longer than most coffee chains. Founded in Berkeley, Calif., in 1966, Peet's has grown to just 193 locations as of 2010. Estimated sales for that year topped $211 million, though, rising 4.9 percent year-over-year.
2010 Sales: $309 million
This Minneapolis-based company was founded in 1992 by Kimberly and John Puckett. The company has grown to 539 stores as of 2010, and saw estimated sales of $309 million.
2010 Sales: $78 million
This Oregon-based coffee company was founded in 1992 by brothers Dane and Travis Boersma. Today, Dutch Bros. is the country’s largest privately held, drive-through coffee chain, with 156 stores. In 2010, it had estimated sales of $78 million.
2010 Sales: $9.07 billion
This world-renowned and ubiquitous brand continues to grow, increasing sales in 2010 by nearly 9 percent, even though the number of stores declined by 23 in 2010.
2010 Sales: $50.5 million
This privately held company based in Flushing, Mich., was founded in 1976. The chain added four additional stores in 2010.
2010 Sales: $42.6 million
The first Scooter's Coffeehouse opened in 1998 in Bellevue, Neb. Since then, the chain has moved into seven states, adding four new stores in 2010.
2010 Sales: $5.62 billion
It's hard to pinpoint the exact moment Dunkin' Brands became a major player in the coffee retail industry, but the company's own brand of coffee hit grocery store shelves in 2007.
Known primarily for its doughnuts since its founding in Quincy, Mass., in 1950, the chain now claims to sell more coffee by the cup than any other retailer out there. It added 400 stores in 2010.
2010 Sales: $65 million
The first Biggby Coffee location opened in East Lansing, Mich., in March 1995. Since then, the chain's units have doubled every two years, according to the company. In 2010, Biggby grew from 110 locations to 118, a 7.3 percent increase, making it the fastest-growing coffee chain in the country.