page_title: Stumptown Coffee Roasters
section_title: Business model
hierarchical_section_title: Stumptown Coffee Roasters / Business model
caption_attribution_description: The original Stumptown Coffee Roasters located at 45th and Division in Portland, Oregon.
context_page_description: Stumptown Coffee Roasters is a coffee roaster and retailer based in Portland, Oregon, United States. The chain's flagship café and roastery 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, Los Angeles, Chicago, and New Orleans. Stumptown is owned by Peet's Coffee, which in turn is owned by JAB Holding Company.
context_section_description: Founder Duane Sorenson 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 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.
caption: The original Stumptown Coffee Roasters location in Portland, Oregon (February 2008)
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