Market analyses and reports on the coffee and coffee machine markets
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
With the growing number of coffee shops in the UK (and globally) there has also been a rise in associated waste products too: it is estimated that over 500,000 tonnes of coffee waste is produced in the UK every year, which not only leads to high disposal costs, but also millions of tonnes of CO2 and methane. However, there are some companies which are making efforts to shift the coffee industry to a more circular system with its waste than a linear one.
“These black, sodden remains of pulverized coffee seeds have inspired the freshly caffeinated imaginations of scientists, entrepreneurs and social innovators form Melbourne to London to Seoul, sprouting into ideas of real consequence for the coffee industry” [Sign in to continue]
Congolese coffee beans are attracting the Specialty Coffee sector’s attention as reported by thelocalafricanews.com. As the specialty coffee sector sees growth, exporters, retailers and roasters keep looking for new grounds in hope to discover ever better tasting coffee beans. But discovering newer grounds also mean taking risks of entering world regions that have been politically unstable for several years now and
Starbucks Corporation’s financial results for its 13-week fiscal first quarter that ended on January 1, 2017, were announced 26th January 2017 by various sources like nasdaq.com, wallstanalyst.com and cnbc.com. Starbucks’ combined revenues showed a 7% growth with a $5.7 billion net amount as compared to the last year. Main increase in revenue came from the overall 2,163 newly opened stores
After President Trump’s temporary travel ban and suspension of America’ s refugee program, Starbucks CEO Howard Schultz announced he would hire 10,000 refugees over the next five years. According to ansa.it , Schultz said that recruitment would cover shops around the world, beginning with the United States, where priority will be given to immigrants “who served with US forces as interpreters or support
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
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
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
Madcap Coffee, the Michigan based coffee roasting company has opened its second retail location with the open-concept round bar in the Grand Rapids Downtown Market , report Daily Coffee News. While talking to Daily Coffee News, the CEO of Madcap, Trevor Corlett said Madcap will continue to build retail spaces that will be attached to its production roastery. He said
On December 1, 2016, Starbucks announced its new CEO, Kevin Johnson, who was before his appointment its chief operating officer. The new CEO who has also been on the Starbucks Board of Directors for 7 years, will take his responsibilities as president and chief executive officer on April 3, 2017. Howard Shultz, who is the present CEO will see his