According to a recent post published by fortune.com coffee price is going up 6% on brands like Folgers and Dunkin Donuts. The reason cited behind the price hike of packaged coffee sold in the US by The J.M. Smucker Co, is the increase in the prices of green coffee. Arabica coffee futures were hitting their highest in a period of
Category: Events & Press Release
Plans of Expansion by Peet’s Coffee Company
California-based coffee company, Peet’s Coffee, plans to keep up with better service provision. The company has decided to invest $58million into an East Coast manufacturing facility. Peet’s is planning to build a 175,000-square-foot roastery in Suffolk, Virginia , as reported by Fortune. The company wants to make sure their coffee, when sold to the customers, is fresher than ever. With
Manila ‘Coffee and Mind’ Tasting Event
Daniel Humphries, a specialty coffee consultant and professional will be spearheading the “Coffee and Mind”, an experiential coffee event that will take place in Manila, Philippines. The event will take place on Saturday, January 28, 2017 is out to explore coffee flavor in relationship with language and coffee tasting perception. The event will take place in Mandaluyong, in the Mozaic
Israeli Company to Buy German Coffee Producer
According to Globes , Strauss Coffee, a global company based in Israel, is planning to acquire Norddeutsche Kaffeewerke GmbH, a German coffee producer located near Hamburg. Prior to that, in 2012, the Israeli company made an agreement with the producer. Norddeutsche Kaffeewerke has been producing freeze-dried instant coffee that is delivered by Strauss Coffee’s subsidiary to Russia and other countries in CIS. According to
Waiting For The ICO New Executive Director
The Executive Director of the International Coffee Organization, ICO, Mr Robério Oliveira Silva passed away on December 30, 2016. He died at the age of 53 and has been the head of the organization since 2011. He has been in support of the need to give increased support to small-holder coffee farmers through shared value among supply chains. The ICO made
The One Thing Every Office in the World Must Have – a Coffee Machine
If you think coffee is a not a big deal, you’re mistaken! If there is one thing that every small and big company needs to have, it is to give free coffee to its employees. Having a coffee machine at the office can contribute a lot towards the satisfaction of employees. The benefits of having a coffee maker in the
Russian Coffee Chain Opens its First Restaurant in New York
On December 17 Russian restaurant chain Coffeemania opened its first restaurant in New York City. The restaurant is located in Bryant Park, one of the busiest Manhattan districts, and can host up to 105 guests. The design was created by a French company GBRH Design. Titus Wang became the chef in this new place. He created a menu that combines
Kenyan Coffee Farmers Menaced by Organized Robberies
Following a continued series of theft cases, Kenyan farmers have started to wonder if they should continue with what used to be their “life-line”: growing coffee, as reported by theguardian. News sources have traced theft cases back to 2010, and they have continued over the following six years to present day. (businessdailyafrica). It’s not just a matter of the coffee, even
Starbucks Opens Two More Coffee Shops in Medellín
Starbucks has opened two additional shops in Medellín, reports Medelin Living. The shops are located in the Santafé mall in El Poblado and Oviedo mall in El Poblado. The shops were opened on December 14 and December 19 2016 respectively. This comes 4 months after it opened its first store in Medellín on September 1, 2016. According to the news
Russian Oil Company Opens a Coffee Shop Chain in Moscow
Rosneft, the leader of Russian petroleum industry, has partnered with HMSHost International (Autogrill subsidiary) to open Italian cafés at its gas stations. Acafé chain will include 5 places with prospects for further development in Moscow and other regions. This is not the first time Rosneft cooperates with Autogrill. In 2014 Rosneft opened 8 Acafés at its retail sites during Winter