Nestle recently announced that it acquired a majority stake in popular premium coffee chain Blue Bottle Coffee. While Blue Bottle's store count is currently insignificant relative to Starbucks, the acquisition of a significant stake by Nestle could potentially lead to faster expansion.
from Forbes Real Time https://www.forbes.com/sites/greatspeculations/2017/09/22/can-starbucks-be-threatened-by-nestles-acquisition-of-a-majority-stake-in-blue-bottle/
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