Business intelligence for the HORECA, OCS & Vending markets
According to seattletimes, in an expedition of bringing something innovative and crafty to coffee business Starbucks keeps its “searching and coming up” going with new ideas. This time it is Whiskey Barrel Aged coffee. It is going to be available only for a limited time and on a single venue; the Seattle Roastery, reports seattletimes. Barrel aged whiskey, vinegar; beer
Things are about to change for good-especially for the coffee farmers who already grow high quality Arabica Colombian coffee beans amidst of all the challenges in Colombia – says Bloomberg.com. Colombia, already the world’s third-largest coffee grower, has been facing unrest within the country for the last 52 years. United States is among the largest buyer of Colombian coffee beans.
Starbucks is planning to launch in Milan, Italy late next year announces CEO Howard Schultz as reported by Fortune.com. Instead of a traditional café, Starbucks plans to come to Italy with their super-premium Reserve Roastery. Location selected is post office building on Piazza Cordusio says Fortune.com. Even though the well renowned Starbucks CEO is about to step down from his
Robusta prices are rising worldwide foreseeing its decreased yield in major Robusta growing areas like Vietnam and Brazil and so in Vietnam Robusta prices reached their highest in five years in the month of March (2017)– reports economiccalendar.com. On one hand, the changing climatic conditions are forcing coffee farmers to fold their coffee growing business causing prolonged dry conditions, like
Opposed to what looked like hurtful media campaign against the brand’s announcement of hiring refugees, hasn’t done any practical damage – says Starbucks in a letter that shows market research from Kantar Millward Brown, firm that has been providing Brand Equity measurement for Starbucks since 2013 (Reuters and Fortune.com). As the coffee giant made the promise to hire 10,000 refugees
Carlyle Group and TPG Capital are the two giant American private equity firms interested in making a deal for Java House; a deal estimated to be worth some $100 million, as reported by forbes.com. Java House is an East African coffee chain founded by two Americans; Kevin Ashley and John Wagner in 1999. According to businessdailyafrica.com from a single shop offering
In February 2017, Brazilian president Michel Temer suspended the plans of local coffee processors to import Robusta from Vietnam. Brazilian farmers have already been protesting against the idea. President Temer’s decision has temporarily put a stop to the dispute between the growers and processors of the country, reports Bloomberg.com. This attempt by the world’s biggest coffee grower to import green
As Starbucks two-times CEO Howard Schultz plans to step down from his position this year, the company keeps on looking for new faces to be recruited for board seats. In the middle of January 2017 the company announced it had considered Microsoft chief executive Satya Nadella as one of Starbucks’ board members as reported by Fortune.com. To Starbucks, Nadella can
Olam International’s two coffee plantations in Africa have recieved Rainforest Alliance Certification as well as UTZ Certification for their 2500 hectares of Arabica plantations according to dailynews.co.tz and foodbusinessafrica.com. These aren’t Olam’s only plantations in world. It’ s one of the world’s largest coffee suppliers that has coffee plantations in Africa, Asia and South America. Their other green coffee sources
Starbucks new growth plans include increasing the number of its new upscale cafes around the world as reported by businessinsider.com. Starbucks’ new Reserve stores aim to capture the feeling of the Roastery and they will offer Princi’s food. Starbucks hasn’t revealed exactly what Princi items will be available at Reserve stores, but they have promised that pizza, sandwiches, and spirits will be