(Warning: You’re gonna need 8 napkins for this episode):#1. Haribo Gummy Bears is now the biggest candy business on earth… because it’s done the same thing for 100 years. (1/22/2024)#2. The hot new IPO this year? It’s Bubble Tea… Boba tea chains are IPO’ing for billions, but Bubble Tea may face a Bubble Tea Bubble. (5/6/2024)#3. While all the other food chains struggled this year, one didn’t: Shake Shack… The $10 Shackburger proves perception overpowers prices. (8/5/2024)Share this episode with the next person you’re eating dinner with… or your hungriest buddy.We’ll be back on Monday, January 6th, with our regular TBOY podcasts. But look out for more bonus pods from us dropping over the holidays.And if you crave more business storytelling from us? Check out our weekly deepdive show: “The Best Idea Yet”: The untold origin stories of the products you’re obsessed with. From the McDonald’s Happy Meal to Birkenstock’s sandal to Nintendo’s Super Mario Brothers to Sriracha. New 45-minute episodes drop weekly. Subscribe to The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinks to listen.—-----------------------------------------------------Subscribe to our new (2nd) show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. It’s The Best Idea Yet.GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts FOR MORE NICK & JACK: Newsletter: https://tboypod.com/newsletter Connect with Nick: https://www.linkedin.com/in/nicolas-martell/ Connect with Jack: https://www.linkedin.com/in/jack-crivici-kramer/ SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Anything else: https://tboypod.com/ Subscribe to our new (2nd) show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. It’s The Best Idea Yet.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Full Episode
This is Nick. This is Jack. And today's food pod is the best one yet. The top three food stories you need to know today. Now, besties, this is episode number three of our holiday bonus week. It's the best of food. Our best stories of the year on food, beverages, and restaurants. And Nutella. Send this episode to your buddy who works as a chef or in a kitchen.
Or just send it to your hungriest buddy. You know what? Send it to your buddy who can get you a 7 p.m. at Carbone on a Friday night. Send it to that sommelier. That's what you got to do. It'll be a quid pro quo. You send them a great podcast, they send you a great reservation. And they're going to get promoted. Jack, three stories for today's food pod. What do we got?
Our first story is from January 22nd. My birthday. We got an inside look at one of the world's oldest businesses, Haribo Gummy Bears. Haribo, they became the biggest candy company on earth by staying the same. For our second story, we're going back to May 6th. That's when the new hot IPO of the year was Bubble Tea. Bubble Tea. Boba Tea Chains were IPOing for billions.
But bubble tea may actually be facing a bubble tea bubble. And our third and final story is from August 5th. While all the other food chains were struggling, one was rising. Yes. Shake Shack. Shake Shack. The $10 Shack Burger is proof that perception overpowers prices. But Yetis, before we hit that wonderful mix of stories. Fantastic mix of stories, Jack.
When 2024 was beginning, Starbucks was launching their first olive oil coffee. But as 2024 ends, Starbucks is canceling their olive oil coffee. Olietta. Olietta. That pretty much sums up the year, doesn't it? It does, because 2024 saw more wild food stories in business to make Gordon Ramsay bite a pan. First, remember Chipotle was accused of shrinkage with their burrito balls on TikTok?
Yeah, Jack. And then one bank analyst ordered 75 burrito bowls in order to test their size. And this was the year that Red Lobster sadly went belly up bank. Yeah, blame the all-you-can-eat shrimp buffet or their private equity owner. On the bright side, Sweetgreen opened up a robo-restaurant. And Sweetgreen's stock tripled. While McDonald's finally started selling their sauces separately.
Although McDonald's stock fell. We discovered in this pod this year that Capri Sun invented the juice box. And we discovered that Disney World got a Michelin star. We also invented a new financial food metric. Yeah, we did. ROI, return on ingestment. And we calculated that the avocado, while delicious, is actually the least efficient fruit.
Because the avocado has the lowest fruit to pit ratio in produce. You're tossing most of that avocado. Oh, side note, Jack had his very first Dr. Pepper. You still okay? You enjoying it? How you feeling about that? Oh, side note, Nick ate a bunch of strawberries, leaves and all. He just popped the entire thing into his mouth. It was controversial. Berry game. Never forget, berry game.
And every food business launched a value meal this year. It was hot value summer. So besties, you're about to give a five-star Yelp review with a terribly taken photo from your iPhone of this episode. Because these are the three best food stories of 2024. We're going to need some more napkins. More napkins, please. Excuse me, sir. More napkins.
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