The Week in Coffee, 22-28 June 2026

Your weekly round-up of the five biggest stories from across the global coffee industry...

Your weekly round-up of the five biggest stories from across the global coffee industry...

  • Further corporate layoffs confirmed by Starbucks
  • Is Costa Coffee being prepped for a corporate restructure?
  • KDP seeks new leadership for its Global Coffee Co unit
  • Germany’s Coffee Fellows eyes new growth with head office changes
  • Einstein Bros. Bagels seeks to catalyse rising bagel demand in the US
Photo: Fabian Holtappels

1. Starbucks confirms latest round of job cuts

Having already cut 2,300 head office jobs since the start of 2025, the world’s largest coffee chain has announced further redundancies.

The latest layoffs, which impact corporate roles in Europe and East Asia, come as Starbucks seeks to transfer more support centre responsibilities to its global headquarters in Seattle or to local licensees.

A licensed Costa store within a Sainsbury’s supermarket in Leicester | Photo: Costa Coffee

2. Coca-Cola exploring corporate restructure of its Costa Coffee business, report says

The US beverages group has reportedly engaged two restructuring firms to carry out an operational review of its Costa Coffee business.

The move, yet to be confirmed by Coca-Cola or Costa, comes less than a year after the Atlanta-based group failed to find a buyer for the 4,200-store coffee shop business last year.

Former JDE Peet’s CEO, Rafael Oliveira | Photo: Keurig Dr Pepper

3. Keurig Dr Pepper’s Global Coffee Co hits a snag

Less than three months after announcing a CEO for its planned Global Coffee Co spin off, Texas-based KDP is seeking a new leader to manage its sizeable coffee portfolio.

The beverages giant is planning a US listing for its new Global Coffee Co entity at the start of 2027 following the $18bn acquisition of JDE Peet’s in April 2026.

Kolja Mühlberger (pictured) joined Coffee Fellows in November 2021 | Photo: Coffee Fellows

4. Germany’s Coffee Fellows back under full founding family control

The Munich-based hospitality group has announced several key corporate changes that it says will position it for significant growth over the next few years.

To support its ambitions, which include expansion of both its coffee shop and hotel businesses, Coffee Fellows is bringing control of the group back under the full ownership of the Tewes family and has announced plans for a Co-CEO structure – both effective from 1 July 2026.

Photo: Einstein Bros. Bagels

5. Einstein Bros. Bagels bakes up new US expansion plan

Equipped with a new store design and buoyed by rising consumer appetite for its bagel and coffee offering, the Panera Brands portfolio company has announced plans to open hundreds of new outlets across the US.

The move could see Einstein Bros. Bagels become the second-largest food-focused operator in the $58.5bn US branded coffee shop market.

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