Stumptown Coffee Roasters

Last updated
Stumptown Coffee Roasters
Company type Subsidiary
Industry Coffee
Founded1999 (1999)
Founder Duane Sorenson
Headquarters Portland, Oregon
Products Coffee
Owner JAB Holding Company
Parent JDE Peet's
(2015–present)
Website www.stumptowncoffee.com

Stumptown Coffee Roasters is a coffee roaster and retailer based in Portland, Oregon, United States. The chain's first location opened in 1999. Three other cafes, a roastery and a tasting annex have since opened in Portland, as well as locations in Seattle, New York, and Los Angeles,. [1] Stumptown is owned by Peet's Coffee, [2] [3] which in turn is owned by JAB Holding Company. The company was an early innovator with cold brew coffee in nitro cans and have continued to develop other cold brew product innovations. [4]

Contents

Business model

The original Stumptown Coffee Roasters location in Portland, Oregon (February 2008) StumptownCoffeeDivision.jpg
The original Stumptown Coffee Roasters location in Portland, Oregon (February 2008)

Founder Duane Sorenson and Stumptown Coffee Roasters have been labeled as part of the third wave of coffee movement. [5] [6]

Sorenson and his employees visited coffee farms in person and reportedly paid high prices for beans, occasionally three or four times the fair trade price. [7] He once set the record for highest price ever paid for coffee beans. [8] [9] [10]

Sorenson also offered atypical perks to his employees such as paying for a compilation album to be produced of their various bands, [11] and hiring a full-time on-staff massage therapist. [12] Stumptown has received numerous awards, including Roaster of the Year 2006. [12]

In 2015, Stumptown Coffee Roasters was bought by Peet's Coffee for an undisclosed amount. [3]

Stumptown became a B-Corp in 2018. [13]

Stumptown Coffee Roasters on Southwest Stark Street in downtown Portland. Stumptown Coffee Roasters on Stark.jpg
Stumptown Coffee Roasters on Southwest Stark Street in downtown Portland.

See also

Notes

  1. Jackson, Reed (August 29, 2012). "Stumptown Coffee Opens New Headquarters". DJC Oregon. Retrieved 2012-08-30.
  2. "The Founder of Stumptown Is Launching an Independent Coffee Company". Eater. Retrieved 2017-10-05.
  3. 1 2 Strom, Stephanie (2015-10-06). "Peet's Buys Stumptown Coffee Roasters". The New York Times. ISSN   0362-4331 . Retrieved 2018-01-17.
  4. Bennett, Sarah (2015-04-27). "Stumptown's Cold Brew in Nitro Cans Is Beer-Inspired Coffee Innovation". LA Weekly. Retrieved 2021-10-08.
  5. Dundas, Zach (October 11, 2006). "Bean Town". Willamette Week. Archived from the original on March 21, 2008. Retrieved 2008-02-16.
  6. Skeie, Trish R. "Third Wave". Barista Magazine. Archived from the original on 2012-07-28. Retrieved 2008-02-16.
  7. DiStafano, Anne Marie (June 30, 2006). "Stumptown's blend". The Portland Tribune . Retrieved 2008-02-16.
  8. Clarke, Kelly (December 8, 2004). "Unwrapped". Willamette Week . Retrieved 2008-02-16.
  9. Griswold, David (September–October 2004). "Worth Its Weight". Roast Magazine. Archived from the original on 2007-10-12. Retrieved 2008-02-16.
  10. Ozersky, Josh (March 9, 2010). "Is Stumptown the New Starbucks...or Better?". Time Magazine. Archived from the original on March 10, 2010.
  11. "CD Review: Worker's Comp: Stumptown Sessions Vol. 1". The Portland Mercury. March 14, 2002. Retrieved 2008-02-16.
  12. 1 2 "2006 Roaster of the Year". Roast Magazine. October–November 2005. Archived from the original on 2006-04-13. Retrieved 2008-02-16.
  13. "Stumptown Coffee Roaster Profile". Coffee Roast.

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