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Starbucks and Target Launch Exclusive Frozen Peppermint Hot Chocolate for the Holidays

Starbucks and Target have teamed up for the holidays with an exclusive Frozen Peppermint Hot Chocolate, available only at in-store Target cafés nationwide starting November 18, 2025.

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Image Source: Starbucks

Starbucks and Target are making holiday shopping a little sweeter this year with the debut of the Frozen Peppermint Hot Chocolate, a drink available only at Starbucks cafés inside Target stores. The collaboration was announced in mid-November 2025 and is part of both brands’ push to create festive experiences that combine shopping convenience with seasonal indulgence. The drink is a limited-time offering and will be available through the holiday season while supplies last.

What’s in the Drink

The Frozen Peppermint Hot Chocolate is described as a crème Frappuccino base, with the addition of mocha sauce, milk and ice before a topping of peppermint whipped cream and a shake of red and green sprinkles. Unlike the traditional hot version, this one is served icy cold, making it a refreshing yet decadent treat for shoppers.

Why Target?

The drink is exclusive to Target locations, meaning you won’t find it at standalone Starbucks cafés. The partnership highlights Target’s strategy of enhancing the in-store experience, encouraging shoppers to linger longer and enjoy seasonal treats while browsing for holiday gifts. Starbucks has long offered seasonal favorites like Peppermint Mocha and Caramel Brulée Latte, but this frozen twist is a first-of-its-kind collaboration designed to stand out during the busiest shopping season of the year.

Early Reactions

Food reviewers and fans have already weighed in:

  • AllRecipes praised the drink’s balance of mint and chocolate, calling it “a dessert in a cup.”
  • Spoon University noted that the frozen format makes it “perfect for sipping while strolling the aisles.”

Social media posts show shoppers pairing the drink with Target’s holiday snacks and gift runs, turning it into part of the seasonal ritual.

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