The coffee market in the United States is expected to grow at around five per cent a year until 2018, according to Research and Markets’ Coffee Market Report. The group predicts that the US market will grow at 5.99 per cent in revenue and 4.16 per cent in volume on average for the next three years. Research and Markets identify the rising price of coffee as the key market challenge, and increasing per capita consumption as the main market driver of growth. It predicts that growth in the online retail sector will be a key market trend in the next few years.
Starbucks Colombia announces $12 million investment in new stores
On the 10th anniversary of Starbucks in Colombia, the company's operator in the country, Alsea, has announced US$12 million investment...