CHINA – Starbucks expects to open 2,500 new stores over the next five years, as part of an expansion which will eventually see China become the company’s biggest market. Even if Chinese GDP growth falls below 7% and the market sentiment has turned hostile, the Chinese consumers demanding of high quality products has not changed. According to Financial Review, given coffee is the ultimate
Tag: Baristas & Coffee Shops
Keurig Green Mountain to be Acquired by JAB Holding Company
Dec 2015 – News from the North American coffee market. According to BBC Business, the German investment firm JAB Holding will acquire Keurig Green Mountain, specialised in K-cups single-serve coffee pods, becoming the biggest player in the North American single-serve coffee pod market. JAB has invested heavily in the US coffee market: it bought Caribou Coffee Co and Peet’s Coffee & Tea in