Peet's Coffee,
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.
Business model

Founder
Duane Sorenson
Duane Sorenson is an American business owner and restaurateur based in Portland, Oregon. His companies and restaurants have included Stumptown Coffee Roasters, Roman Candle (Portland, Oregon), Roman Candle (later converted into a cafe called Holi ...
and Stumptown Coffee Roasters have been labeled as part of the
third wave of coffee movement.
Sorenson and his employees visited coffee farms in person and reportedly paid high prices for beans, occasionally three or four times the
fair trade
Fair trade is an arrangement designed to help producers in developing countries achieve sustainable and equitable trade relationships. The fair trade movement combines the payment of higher prices to exporters with improved social and envir ...
price. He once set the record for highest price ever paid for coffee beans.
Sorenson also offered atypical perks to his employees such as paying for a compilation album to be produced of their various bands, and hiring a full-time on-staff massage therapist.
Stumptown has received numerous awards, including ''Roaster of the Year 2006''.
In 2015, Stumptown Coffee Roasters was bought by Peet's Coffee for an undisclosed amount.
Locations

Stumptown operates five cafes in Portland. They're located on SE 45th & Division St., SE 34th & Belmont, downtown at SW 3rd & Ash St., inside the
Ace Hotel at 1022 SW
Stark Street, and at the Portland International Airport. The company also owns a roasting facility and a retail annex inside their headquarters at 100 SE Salmon St. The original location on SE Division was previously a hair salon called "The Hair Bender," whose name Stumptown adopted for one of their signature espresso blends.
In November 2007, Stumptown opened two cafes in Seattle. In September 2009, the company also launched a cafe in New York's Ace Hotel. A temporary "pop-up" location appeared in Amsterdam's De Pijp neighborhood in May 2010. Opened by Sorenson, he claimed it was never intended to be permanent and closed its doors that same year.
In 2013, Stumptown opened a second New York City café and a café/roaster in Los Angeles. In January 2014, the company began selling coffee, pre-mixed with milk, in grocery stores. Additional cafes have also opened in Chicago and New Orleans. Stumptown opened their third New York cafe in a historic Brooklyn firehouse in the summer of 2018.
See also
*
List of coffeehouse chains
This list of notable coffeehouse chains catalogues the spread and markets share of coffeehouses world-wide. This list excludes the many companies which operate coffeeshops within retail establishments, notably bookstores and department stores, or ...
*
List of coffee companies
Notes
References
*Foley, Karen
This Olde Coffee House ''
Willamette Week
''Willamette Week'' (''WW'') is an alternative weekly newspaper and a website published in Portland, Oregon, United States, since 1974. It features reports on local news, politics, sports, business, and culture.
History
Early history
''Will ...
''. Retrieved February 16, 2006.
*Moss, Matthew. (April 17, 2002)
Cafe Ole Ole Ole ''
Willamette Week
''Willamette Week'' (''WW'') is an alternative weekly newspaper and a website published in Portland, Oregon, United States, since 1974. It features reports on local news, politics, sports, business, and culture.
History
Early history
''Will ...
''. Retrieved February 16, 2006.
*
*Sloan, Gene. (March 7, 2002)
10 Great Places for Caffeine and Conversation ''
USA Today
''USA Today'' (stylized in all uppercase) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth on September 15, 1982, the newspaper operates from Gannett's corporate headquarters in Tysons, Virg ...
''. Retrieved February 16, 2006.
External links
*
{{Coffee in Portland, Oregon
1999 establishments in Oregon
Coffee brands
Coffeehouses and cafés in the United States
Coffee in Portland, Oregon
Food and drink companies based in Portland, Oregon
American companies established in 1999
Restaurants established in 1999
2015 mergers and acquisitions
Certified B Corporations in the Food & Beverage Industry