OTTAWA – Tim Hortons coffee chain has greatly influenced coffee drinking culture in Canada. With nearly all streets having at least one Tim Hortons’ coffee shop which has ultimately changed Toronto into a coffee drinking city. With virtually over 80 per cent of all coffee lovers in Toronto choosing Tim Hortons for reasons ranging from low prizes compared to other cozy coffee chains to the
Tag: Competitive scenario
Starbucks Italy to open in Milan, Verona, Venice, Rome, and Naples
MILAN – Starbucks has officially announced that they will open in Milan in 2017 in collaboration with Percassi. Although only three stores are confirmed (Milan, Verona, and Venice), it is also likely for the shop to open in Rome and Naples. Howard Schultz, Starbucks chief executive, has always told that the history of the Starbucks was inspired from how Italians create their
Lavazza Buys Carte Noire and Targets €2bn Sales
TURIN – The world’s seventh-biggest coffee roaster, Lavazza, has offered to buy French brand Carte Noire, the French leader in the coffee market, for around 800 million euros in a deal that will reach the company a leadership position in France and the second in Europe. In a offer subjected to approval by the European Commission and French authorities, Lavazza has
Italy lost in coffee business
MILAN – When you say “espresso” you mean Italy, but how much has Italy been losing in terms of business over the recent years? On February 26th Mr Schultz announced a deal with Percassi, a retail developer, to open the Starbucks’ first location in Milan. The American firm was the first to get the café culture global as well as Nestlé,
The coffee alphabet according to Gimoka UK.
What’s the difference between Natural and Organic coffee? And what about Jamaica Blue Mountain? The amazing infographic below illustrates the key terms for each letter. Of course, there are much more coffee words out there, but Gimoka Coffee UK picked the most important and their favourite.
Tesco takes full ownership of artisan coffee chain Harris+Hoole
UK – Tesco has taken full ownership in artisan-style coffee chain Harris + Hoole, in a sign the supermarket giant is not giving up on its attempts to diversify into non-grocery ventures, The Guardian reported. Harris + Hoole now has 43 outlets, including 29 in Tesco stores, and employs more than 500 people, but losses widened to £25.6m in the year
Dunkin’ Donuts Continues European Expansion
One of the world’s leading coffee chains, Dunkin’ Donuts, announced that it has made significant strides in its European expansion efforts in 2015 with the opening of 55 new restaurants with its franchisees across the region. Over the past year, the company has celebrated first restaurant openings in Denmark, Georgia, Iceland and Poland, marking the brand’s continued expansion into new European markets,
The UK loves coffee, some figures and infographics
Although the UK has always been a tea loving country, lately coffee has been gaining on popularity, mostly thanks to influence from the US. Coffee arrived in the United Kingdom in 17th century and the first café was opened in Oxford in 1650. Early coffee houses in Britain were called ‘penny universities’ because with only one penny, a person could buy a
Starbucks expects to open 2,500 new stores in China
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
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