Expansion Archives - Tea & Coffee Trade Journal https://www.teaandcoffee.net/core_topic/expansion/ Thu, 11 Jan 2024 10:21:12 +0000 en-GB hourly 1 Nestlé invests to increase productivity in Vietnam https://www.teaandcoffee.net/news/33503/nestle-invests-to-increase-productivity-in-vietnam/ https://www.teaandcoffee.net/news/33503/nestle-invests-to-increase-productivity-in-vietnam/#respond Thu, 11 Jan 2024 09:50:51 +0000 https://www.teaandcoffee.net/?post_type=news&p=33503 Nestlé Vietnam has announced a USD 100 million investment to increase production capacity of its Tri An coffee factory, located in the southern province of Đồng Nai.

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Nestlé Vietnam has announced a USD 100 million investment to increase production capacity of its Tri An coffee factory, located in the southern province of Đồng Nai. This will help the company meet growing local and international consumer demand for high-quality coffee.

The Nestlé Tri An factory currently exports coffee products from iconic brands, such as Nescafé, Nescafé Dolce Gusto and Starbucks, to more than 29 countries all over the world. Nestlé has invested more than USD 500 million in this facility since 2011.

Vietnam is currently the world’s second largest producer and exporter of coffee and an important coffee origin for Nestlé. The company is the largest coffee buyer in the country, with annual purchases reaching up to USD 700 million.

The Nescafé Plan, Nestlé’s sustainability programme for the brand, was implemented in Vietnam in the Central Highlands in 2011. It is a cornerstone of the sustainable development of coffee in the region. It supports farmers transitioning to sustainable farming methods, helps rejuvenate coffee plots through the distribution of high-quality coffee plantlets, and protects water resources and biodiversity.

Nestlé currently operates six factories in Vietnam, focusing on the production of coffee, cocoa malt beverages, cooking aids and water. The company has been present in the country for nearly three decades and currently employs around 3,000 employees.

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Nguyen Coffee Supply’s RTD coffee to be launched into Sprouts https://www.teaandcoffee.net/news/33506/nguyen-coffee-supplys-rtd-coffee-to-be-launched-into-sprouts/ https://www.teaandcoffee.net/news/33506/nguyen-coffee-supplys-rtd-coffee-to-be-launched-into-sprouts/#respond Wed, 10 Jan 2024 09:52:10 +0000 https://www.teaandcoffee.net/?post_type=news&p=33506 Sprouts Farmers Market has selected all three of the company's Vietnamese coffee RTD products to be included in their Innovation Program, launching in more than 400 stores in 23 states nationwide.

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Nguyen Coffee Supply, America’s first specialty Vietnamese coffee company, announced Sprouts Farmers Market has selected all three of the company’s Vietnamese coffee RTD products to be included in their Innovation Program, launching in more than 400 stores in 23 states nationwide. This is an area of the store where new products are featured, and every item is hand selected by Sprouts.  Nguyen Coffee Supply will also be the first Vietnamese RTD coffee in Sprouts Farmers Market Stores. This announcement comes on the heels of other retail expansions for Nguyen Coffee Supply with the company doubling its retail footprint in 2023 and ahead of soon to be announced Nguyen Coffee Supply new product innovations and additional retail expansions in the coming year.

Founder and CEO Sahra Nguyen said, “In a category often called “crowded,” we’re thrilled to be recognised for our product innovations offering more flavour and function to consumers through our focus on robusta coffee as a core ingredient and differentiator.”

In 2023, Nguyen Coffee Supply became the first Vietnamese coffee ready-to-drink brand to receive national distribution from Whole Foods Market. Nguyen Coffee Supply also ships direct-to-customers in all 50 states and internationally to Australia, Canada, France, Germany, Ireland, Singapore, and the UK and is available online on Amazon. Products are also available in restaurants and cafés in New York City, Washington D.C., Seattle, Kansas City and sold in FreshDirect, Gorillas, and Weee!

Nguyen Coffee Supply is leading the way and ushering in the next wave of coffee culture rooted in uplifting the robusta coffee species and historically marginalised coffee communities around the world. Importing directly from the source and roasting in Brooklyn, New York, Nguyen Coffee Supply’s mission is to transform the coffee industry through diversity, sustainability and cultural integrity. Founded in 2018 by 1st generation entrepreneur-activist Sahra Nguyen, the company’s mission is to elevate robusta coffee (the dominant coffee bean grown in Vietnam), while building a diverse and inclusive coffee culture for all.

Nguyen Coffee Supply’s latest product innovation, the Vietnamese coffee Ready to Drink (RTD), is now available in over 1,000 retail doors nationally.

Nguyen Coffee Supply can be enjoyed in a wide array of styles including the traditional cà phê sữa đá (Vietnamese coffee with sweetened condensed milk and ice) as well as the pour over, Chemex, French press, drip, and espresso.

Learn more at Nguyen Coffee Supply.

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Matthew Algie announces growth of Glasgow HQ in merger https://www.teaandcoffee.net/news/33493/matthew-algie-announces-growth-of-glasgow-hq-in-merger/ https://www.teaandcoffee.net/news/33493/matthew-algie-announces-growth-of-glasgow-hq-in-merger/#respond Tue, 09 Jan 2024 13:58:45 +0000 https://www.teaandcoffee.net/?post_type=news&p=33493 UK & Ireland branches of Tchibo and Capitol Foods will now operate under the Matthew Algie name, strengthening their collaborative presence in the region.

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Glasgow based coffee roaster, Matthew Algie, has announced the formal merger with Tchibo and Capitol Foods, making the firm the premium coffee roaster in the UK and Ireland.  

Hamburg based, Tchibo purchased the company back in 2016, and Capitol Foods in 2018 with each operating under its own name. Recognising the strong values and reputation for quality and sustainable practices, parent company Tchibo has taken the decision to consolidate its UK & Ireland businesses under the Scottish brand’s name. 

The single business will provide customers with a wider range of products from across the entire business portfolio whilst offering improved efficiency and service to its entire customer base. 

The recently announced investment in the Glasgow roastery has expanded its production capabilities, with new coffee products coming into the Glasgow HQ over the coming 12 months.  

The winner of Glasgow’s Most Outstanding Business at the Glasgow Business Awards in 2023, the company sees this move as one of the most exciting changes to the coffee market in a decade.  

Paul Chadderton, managing director, Matthew Algie said, “This is a significant moment for our business and particularly for our Glasgow HQ which is the beating heart of our business.  

“Coupling this move with the recent investment programme we announced back in April 2023 it places the firm in a very strong position to build upon our growth strategy and at a pivitoal moment in the coffee sector. 

“The majority of the senior leadership team, including myself, have all relocated to Glasgow as we continue to expand the capabilities of the site, including launching our new fully recyclable packaging, various new product lines and our training and development hub which is an industry leading centre for training the next generation of baristas across the UK and Ireland.”  

Coffee continues to be one of the fastest moving sectors, with the post pandemic boom in coffee drinkers showing no signs of slowing down. With the single company now operating under one collective vision, the team are excited to offer an even more customer centric operation.  

Paul continued, “We are seeing new markets emerge as businesses look to grow their sources of revenue. Sectors such as garden centres no longer simply use their cafes as a footfall driver but is a critical part of their income.  

“Matthew Algie is perfectly positioned to help these businesses and our staff are experts in helping firms get more out of their coffee offering. Whether it be helping firms move to more sustainable operations by using our carbon neutral products, or simply supporting local cafes in adapting to the ever-changing trends within the market- this new announcement will accelerate our ability to support out tens of thousands of customers.” 

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JDE Peet’s completes acquisition of Maratá’s coffee & tea https://www.teaandcoffee.net/news/33487/jde-peets-completes-acquisition-of-maratas-coffee-tea/ https://www.teaandcoffee.net/news/33487/jde-peets-completes-acquisition-of-maratas-coffee-tea/#respond Fri, 05 Jan 2024 17:26:50 +0000 https://www.teaandcoffee.net/?post_type=news&p=33487 JDE Peet’s has announced that it has successfully completed the acquisition of the Brazilian coffee & tea business from JAV Group.

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JDE Peet’s has announced that it has successfully completed the acquisition of the Brazilian coffee & tea business from JAV Group for an undisclosed amount in cash, which was first announced on 24 July 2023.

Maratá’s coffee & tea business is predominantly present in the northern part of Brazil through its longstanding and well-known brands Café Maratá and Chá Maratá. The acquisition complements JDE Peet’s’ existing portfolio of brands predominantly sold in the southern regions of Brazil, and increases the company’s scale and national coverage in Brazil, a market which offers compelling prospects for both volume and value growth. As a result, the acquisition offers long-term value creation potential through attractive revenue and cost synergies.

Fabien Simon, CEO of JDE Peet’s, commented, “We are delighted to welcome Maratá’s coffee & tea organisation to JDE Peet’s. Maratá’s portfolio and geographical presence are highly complementary to our existing franchise in Brazil. Together, we will serve more cups across a full range of price points and product offerings while expanding our regional presence in Brazil, one of the world’s largest coffee markets.”

José Augusto Vieira, founder of JAV Group, added, “I am very proud of the strong and successful coffee & tea platform we have built, and I am very pleased that by joining JDE Peet’s, the world’s leading pure-play coffee & tea company, we have secured the long-term development and success of this great business.”

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Gong cha signs two new master franchises https://www.teaandcoffee.net/news/33408/gong-cha-signs-two-new-master-franchises/ https://www.teaandcoffee.net/news/33408/gong-cha-signs-two-new-master-franchises/#respond Wed, 20 Dec 2023 09:00:21 +0000 https://www.teaandcoffee.net/?post_type=news&p=33408 With over 2,100 locations across 23 countries, Gong cha has announced the signing of two new master franchisees (MFs).

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Gong cha, with over 2,100 locations across 23 countries, has announced the signing of two new master franchisees (MFs), awarding the territory rights for the Great Pacific Northwest (Washington, Oregon and Idaho), as well as Central America. The two deals are projected to grow Gong cha’s presence in the Americas by more than 100 stores.

Since 2014, Gong cha Americas has grown at a rapid pace, opening more than 400 locations throughout the US, Canada, and Mexico. The brand has opened more than 225 stores across 19 states and Washington DC, and has already franchised 65% of available territory in the US By 2026, Gong cha is projected to reach 1,000 stores across the Americas.

The master franchise rights for the Great Pacific Northwest have been awarded to Master Franchisee,
Ajay Keshap. Keshap has a degree in engineering, and background in high tech sales at Hewlett Packard. For the last 25 years, Keshap has owned a multi-brand US franchise group, whose holdings include 24 Denny’s restaurants, making Keshap one of the top ten largest franchisees within Denny’s system. He also owns 15 Papa John’s pizza restaurants, as well as the area development rights to Dave’s Hot Chicken in the state of Washington.

Gong cha is also pleased to announce the signing of an MF partner for the Central America region—husband and wife team, Justin Willingham and Monica Fonseca. They will begin by opening the first Gong cha locations in Honduras, and then expanding into Costa Rica, El Salvador and Guatemala.
Skilled entrepreneurs with years of franchise experience, Willingham and Fonseca are projected to open 1-2 locations in early 2024, with the goal of opening 50 stores across their territory over the next ten years.

“We’re proud to be partnering with Ajay, Justin and Monica to bring Gong cha to new markets across the Pacific Northwest and Central America,” said Geoff Henry, Gong cha’s president of the Americas. “With their experience and leadership in the franchise space, we know they will find great success introducing Gong cha’s premium product to a brand new audience.”

Gong cha is seeking large area developers for the remaining available territories in the US as well as master franchisee candidates in key growth markets in South America. For more information on Gong cha’s franchise programme, visit gongchausofficial.com.

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Redemption Roasters embarks on new investment round https://www.teaandcoffee.net/news/33375/redemption-roasters-embarks-on-new-investment-round/ https://www.teaandcoffee.net/news/33375/redemption-roasters-embarks-on-new-investment-round/#respond Thu, 14 Dec 2023 10:40:09 +0000 https://www.teaandcoffee.net/?post_type=news&p=33375 Redemption Roasters, the UK-based purpose-led speciality coffee company, is set to treble revenues over the next three years.

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Redemption Roasters, the UK-based purpose-led speciality coffee company, is set to treble revenues over the next three years as it embarks on a new investment round to help drive expansion in London and across the UK. The company is about to open its 11th retail premises in London and it also supplies its premium brand coffee to more than 200 wholesale customers, including KPMG, Meta and Amazon.

Launched in 2017, Redemption Roasters has recorded a 78% rise in monthly sales growth since 2019 and is currently on target to generate £8.1m in sales in the last 12 months with annual revenues forecast to exceed £25m by 2026.

With the UK branded coffee shop market valued at nearly £5bn per year and research showing London’s market for independent coffee retailers has capacity for major growth compared to other international cities, Redemption Roasters is planning to open a further 17 shops in the capital and other parts of the UK by 2026. The company is also developing a new app to boost B2C revenues by an estimated 15% and is focused on further expanding its wholesale customer base.

Redemption Roasters’ business is built around a strong social commitment. The company’s partnership with the UK Ministry of Justice provides retraining programmes aimed at reducing reoffending rates amongst prison leavers. 20% of Redemption Roasters’ current retail staff are either prison leavers or individuals deemed to be at risk of offending.

The company also operates a roastery inside HMP The Mount where resident ‘trainees’ benefit from spending extended periods out of their cells working in a positive environment alongside Redemption Roasters’ team. The company also provides coffee training inside and outside of prison with direct pathways to long-term employment. Through 14 partnerships with UK prisons to date, over 1,500 individuals have taken part in these programmes, with participant reoffending rates sitting well below half the national average.

As well as paying an average of 120% more than the Fairtrade price to their bean suppliers, Redemption Roasters is also committed to social initiatives including supporting female farmers in Brazil and helping former civil war combatants in Colombia to retrain as coffee producers. It has also funded a new cupping lab to help an indigenous tribe in Burundi enhance the quality of its coffee.

The company was founded by Max Dubiel and Ted Rosner, who met while attending St Andrews University. Prior to launching Redemption Roasters, Max worked as a strategy consultant with large consumer brands and was also a founder of Black Sheep Coffee, the UK’s fastest growing independent coffee chain. Ted, who qualified as a solicitor, worked with Wall Street firm Debevoise & Plimpton as a corporate specialist handling M&A deals.

The company’s executive team includes chairman Jonathan Heilbron, an experienced and successful brand innovator who was former CEO at shirtmaker, Thomas Pink, and is now a partner at premium consumer fund, Redrice Ventures.

To help drive its growth strategy and support further development of its social aims, Redemption Roasters has now launched a £1.2m investment round, which includes a crowdfunding campaign on CrowdcubeFurther details can be found here. 

The majority of the proceeds of the investment round will go towards financing the opening of new outlets.

Commenting on the investment round, Redemption Roasters founder, Max Dubiel, said: “As a purpose-driven business that has achieved phenomenal growth, we are very excited about this next chapter in our journey. This current investment round includes a crowdfund, enabling those who share our ethos to join us on our journey.

“The proceeds will drive further growth of our brand and help us achieve even greater profitability through scale. This will also enable the business to do more to help prison leavers and further deliver on our wider social ambitions to support coffee producers throughout the world.”

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HEYTEA debuts into US market in NYC https://www.teaandcoffee.net/news/33359/heytea-debuts-into-us-market-in-nyc/ https://www.teaandcoffee.net/news/33359/heytea-debuts-into-us-market-in-nyc/#respond Mon, 11 Dec 2023 10:56:38 +0000 https://www.teaandcoffee.net/?post_type=news&p=33359 With this opening on Broadway, HEYTEA seeks to revolutionise the way that new-generation tea products are created and enjoyed in the US.

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HEYTEA, the originator of Chinese new style tea, has arrived in in Times Square with its official entry into the US market. HEYTEA operates over 3,000 stores in China and has a significant presence across Asia. With this opening on Broadway, HEYTEA seeks to revolutionise the way that new-generation tea products are created and enjoyed in the US.

The store is located in the heart of Broadway, in Midtown. New York landmarks such as Times Square, the Empire State Building and Madison Square Garden are within a ten-minute walk.

HEYTEA’s innovative new-generation Chinese tea is made from fresh fruits, fresh tea leaves, and premium milk. In contrast, much of the “bubble tea” currently being sold on the market is made from instant tea powder with artificial additives. HEYTEA says it will be the first Chinese new style tea brand selling products made with genuine, high-quality ingredients in the US.

“Cheese tea”

The initial innovation of HEYTEA was the introduction of Cheese Tea. Not cheese in the traditional sense, but a cold tea with a thick, frothy, cream cheese-flavoured foam on top. The foam is made with cream cheese, milk, cane sugar, and a little sea salt, and adds enjoyable taste and texture sensations to the product.

The store will offer three categories of its foundational products: Refreshing Real Fruit Teas, Real Dairy Milk Teas, And Refreshing Finest Teas. The pricing ranges from USD $3.99 to $7.49 (excluding additional toppings) with an average pre-tax price of $6.33.

The originator accelerates global expansion

Founded in 2012 in Jiangbianli, Guangdong ProvinceChina, HEYTEA was the first brand to introduce fresh tea leaves and premium milk instead of instant tea powder and artificial additives to create cheese tea.

At its inaugural stores, in Shanghai and Beijing, HEYTEA drew hours-long lines of patrons, establishing itself as a rising star in the market, and China’s premier new-generation consumer brand.

It played a pivotal role in introducing new style tea brands to China’s high-end shopping centers, often adjacent to luxury brand stores, HEYTEA also engages in co-branding ventures with companies including FENDI, Adidas, W Hotel among others, and influential figures in the fashion industry such as Hiroshi Fujiwara.

The first Chinese new style tea brand to go global, HEYTEA launched its first overseas store in Singapore in 2018, with over 3,000 cups of tea were sold every day during the opening period.

Significance of the New York City market entry

HEYTEA’s US debut is a testament to its unwavering commitment to ushering in a new era of tea enjoyment. While the company has previously entered global markets ie, the United KingdomAustralia, and Canada, the US offers a multitude of new opportunities.

“As the initial entry point for HEYTEA into the US market, New York City holds extraordinary significance for the growth of our brand,” said Yujia Gu, VP of strategy at HEYTEA. “By providing high-quality products and services, we aspire to deliver a joyful brand experience to consumers in NYC and beyond, contributing to the ongoing development of the US tea industry.”

With its Midtown Broadway debut at 1407 Broadway, between West 38th and 39th streets, HEYTEA demonstrates the significance of, and its confidence in, the US market. In the future, HEYTEA will continue to bring quality products and exciting new brand experiences to American consumers.

For more information about HEYTEA, visit: heytea.com.

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Expat. Roasters opens Jakarta coffee shop https://www.teaandcoffee.net/news/33322/expat-roasters-opens-jakarta-coffee-shop/ https://www.teaandcoffee.net/news/33322/expat-roasters-opens-jakarta-coffee-shop/#respond Mon, 04 Dec 2023 11:26:59 +0000 https://www.teaandcoffee.net/?post_type=news&p=33322 Indonesia-based specialty coffee producer, Expat. Roasters, is opening its latest venue in the heart of Jakarta.

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Indonesia-based specialty coffee producer, Expat. Roasters, is opening its latest venue in the heart of Jakarta.

This is its second location outside of Bali and first in the capital, where the company says it endeavors to bring an exceptional coffee experience to the heart of the bustling capital.

Located on the 13th floor of the Mori Building Jakarta in Sudirman, Central Jakarta, the 100m2 wide coffee sanctuary will service the entire building and the general public with a blend of modern aesthetics and warm hospitality.

“This has been seven years in the making and we are incredibly excited to bring Expat.Roasters to Jakarta,” said Shae Macnamara, founder and CEO of Expat.Roasters.

“This city’s vibrant energy and love for coffee make it the perfect destination for our latest brew bar and we look forward to servicing the city not only at our brew bar, but also through our trusted partners.”

Expat.Roasters has a commitment to quality, innovation, and education and their Jakarta branch aims to continue this legacy by offering a diverse range of meticulously sourced and roasted coffee beans from Indonesia and around the world.

Expat. Roasters Jakarta was architecturally designed by WHAstudio in collaboration with Sydney-based X plus O Design Studio.

“Curating the design for Expat.Roasters Jakarta’s latest coffee shop, was once again a great experience. Our aspiration was to transcend the conventional and create a fusion of contemporary aesthetics that transports the essence of Bali to the heart of Jakarta’s urban landscape, all whilst following the strong brand guidelines of Expat. Roasters.

“The design journey embraced the challenge of crafting an oasis within the bustling walls of an office high-rise. The contemporary design elements, with its natural textures evokes the feeling of Bali’s charm and tranquility in Jakarta, offering customers an escape from the city,” said Wilson Harkhono, principal architect at WHAstudio.

Expat. Roasters Jakarta is located at the Jakarta Mori Tower, 13th floor, Jl. Jenderal Sudirman and operates Monday to Sunday from 7am.

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Starbucks opens new Edinburgh store https://www.teaandcoffee.net/news/33254/starbucks-opens-new-edinburgh-store/ https://www.teaandcoffee.net/news/33254/starbucks-opens-new-edinburgh-store/#respond Fri, 17 Nov 2023 14:08:39 +0000 https://www.teaandcoffee.net/?post_type=news&p=33254 Today, Starbucks is opening a new store on Edinburgh’s iconic Princes Street boasting incredible views of Edinburgh Castle. 

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Today, Starbucks is opening a new store on Edinburgh’s iconic Princes Street that features incredible views of Edinburgh Castle. 

Measuring in at 8,000sqft, the new Starbucks location is the biggest store Starbucks has opened in the UK in recent years, spread across two floors to accommodate the busy shopping and tourist route. The first floor, where the main seating area will be, offers spectacular views of the Edinburgh Castle and Princes Street gardens.  

The 18th century listed building used to be home to an HSBC Bank and had been vacant since 2021. The redesign and refurbishment carried out by Starbucks not only breathes new life into the building but also pays homage to the rich history and characteristic architecture of Scotland’s capital.  

Alex Rayner, vice president and general manager at Starbucks UK, said: “We are thrilled to welcome the local community and those visiting Edinburgh to our new Princes Street store. One of our largest openings in recent years, the design is all centred around highlighting the iconic local landscape, it’s an exciting way to close off the celebrations of our 25th anniversary in the UK. 

“The store’s concept is a homage to Edinburgh – a perfect blend between old and new.The curved arch feature over the bar symbolizes the Edinburgh Vaults, but the main statement is undoubtedly the spectacular view of Edinburgh Castle.” 

The new store on 118 Princes Street represents an enhancement of the former Starbucks outlet at 120 Princes Street, which closed last month in anticipation of this relocation. All partners (employees) have been transferred from the previous store, and ten new jobs have been created in the local area. 

Repurposed from a vacant unit, the Edinburgh store is certified as a Greener Store, meeting 25 required standards, as verified by an outside auditor, across eight environmental impact areas such as energy efficiency, water stewardship and waste diversion. This brings the environmental impact of running the store as low as possible, as part of Starbucks ongoing commitment to sustainability and becoming resource positive. This also includes offering a 25p discount to all customers who bring a reusable cup when purchasing a drink. 

This latest store opening is another step in Starbucks plans for growth in the UK, with many more stores planned for communities across the UK, particularly in key city and drive thru locations and with a focus on innovative store formats such as smaller, digitally forward stores.

Customers visiting the new store will be able to choose from a range of beverages and food available from Starbucks Holiday menu. This includes the returning Toffee Nut Latte, Gingerbread Latte, Eggnog Latte, Caramel Waffle Latte and the brand-new Hazelnut Crunch Hot Chocolate. Starbucks® UK proudly serves a broad range of dairy alternative options for free.

Starbucks is committed to 100% ethically sourced coffee in partnership with Conservation International. The cornerstone of its ethical sourcing approach to buying coffee is Coffee and Farmer Equity (C.A.F.E.) Practices. 

The new store will be open from 07:00 to 21:00 Monday to Sunday. 

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Löfbergs debuts its Colombian coffee into Waitrose https://www.teaandcoffee.net/news/33157/lofbergs-debuts-its-colombian-coffee-into-waitrose/ https://www.teaandcoffee.net/news/33157/lofbergs-debuts-its-colombian-coffee-into-waitrose/#respond Tue, 07 Nov 2023 11:25:51 +0000 https://www.teaandcoffee.net/?post_type=news&p=33157 After launching in the UK a year ago Swedish coffee brand, Löfbergs, is now extending its portfolio, making a debut into Waitrose with a new Colombia ground coffee.

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After launching in the UK a year ago Swedish coffee brand, Löfbergs, is now extending its portfolio, making a debut into Waitrose with a new Colombia ground coffee.

The Colombia coffee is a single origin ground blend that tastes fruity and sweet, with notes of berries and caramel and Colombian coffee’s renowned smooth taste and aroma.

Löfbergs’ launch into Waitrose also sees the brand unveil a new packaging design. The new packaging remains in-keeping with the bright colours the brand is recognisable for, but further celebrates Löfbergs’ Swedish heritage with Scandi design.

The design of Löfbergs’ offers, on average, a 450g pack, providing 15 more cups of coffee than more traditional coffee bag designs.

Löfbergs selection of coffee includes:

  • Colombia Roast & Ground Coffee 450g – Fruity and sweet with notes of berries and caramel. This single origin, 100% Arabica coffee is Rainforest Alliance Certified.
    Medium Roast – 3
    RRP- £7.50.
    Stockist – Waitrose
  • Brazil Roast & Ground Coffee 450g – Rich and creamy with notes of milk chocolate nuts. This single origin, 100% Arabica coffee is Rainforest Alliance Certified.
    Medium-Dark Roast – 4
    RRP – £7.50
    Stockist – Waitrose, Tesco and Ocado
  • Brazil Whole Beans Coffee 1kg – Rich and creamy with notes of milk chocolate nuts. This single origin, 100% Arabica coffee is Rainforest Alliance Certified.
    Medium-Dark Roast – 4
    RRP- £12.50
    Stockist – Waitrose, Tesco and Ocado

Löfbergs strives to be responsible in its business operations by reducing waste and supporting small-scale farmers, to respect people and the planet – “from bean to cup.” It’s also the world’s largest buyer of organic and fairtrade certified coffee.

Wilson Clarke, MD for Löfbergs UK, commented on the new listing, “Securing this new listing in Waitrose is a testament to the success we have seen in the UK since launching. In the last 52 weeks, we have seen sales volume increase by 561.9%, selling a total of 257.2 tonnes of coffee!

“We are really excited to build on the 3.1% market share the 1kg Brazil has by getting it and our other products into more homes across the UK.”

For more information, visit: Lofbergs.co.uk

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Ecotone opens European organic coffee and tea factory https://www.teaandcoffee.net/news/33114/ecotone-opens-european-organic-coffee-and-tea-factory/ https://www.teaandcoffee.net/news/33114/ecotone-opens-european-organic-coffee-and-tea-factory/#respond Mon, 30 Oct 2023 12:46:38 +0000 https://www.teaandcoffee.net/?post_type=news&p=33114 Ecotone has opened Europe's largest 100% organic coffee and tea factory, which will serve its brands Destination, Naturela, Clipper, Bonneterre, Alter Eco, and Piramide.

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Ecotone, a European producer of organic, plant-based, ethical, and sustainable food, has opened the continent’s largest 100% organic coffee and tea factory.

The company, which owns brands across seven countries, has launched Caféière in a ten-million-euro investment to meet growing demand for quality, organic hot drinks.

With financial support from the European Union and the European Agricultural Fund for Rural Development (EAFRD), La Caféière is exemplary of Ecotone’s global ‘Food for Biodiversity’ mission – through which it strives to meet high environmental and sustainability standards.

La Caféière has been installed with a roasting smoke burner which cuts C02 emissions by 30% compared with traditional methods. Through green energy, wetland water management, 100% LED lighting and photovoltaic roof panels, the plant is taking a global approach to energy efficiency.

The factory also operates a 0% landfill, 100% circularity policy. 85% of total leftover materials are recycled or reused in compost, and 15% are incinerated with energy recovery.

Through its commitment to producing exceptional organic coffee and tea, the factory will harness traditional production methods such as slow roasting to create unique aromatic balances. Three roasters and an R&D team work on site to ensure that the different vintage coffees are made to the finest quality.

More than 60% of La Caféière’s sales will now be through Fairtrade certified products. The aim is to achieve over 70% Fair Trade coffee and tea within two years.

The term “caféière” refers to a plantation of coffee trees, the shrub from which the coffee beans come. These plantations are originally islands of biodiversity, because the 80 species of coffee trees in the world thrive in rich and varied ecosystems.

To preserve biodiversity, the coffee cherries are hand-picked when ripe from high-altitude plantations and mainly come from organically grown and reared ‘Coffea arabica’ coffee trees in Central and South America and East Africa. The cherries are then washed and air-dried by partner producers to create a dense, transportable, and storable green coffee.

The coffee and tea sectors that supply La Cafétière are demonstrate agricultural practices, which go further than organic standards. This includes the diversity of plant species grown per plot (agroforestry), fair income for small producers, and positive action by partner cooperatives to combat deforestation in their areas.

La Caféière holds six certifications: Organic, Fair for Life, Fairtrade/Max Havelaar, Qualité Artisan, Bio Entreprise durable, and B Corp.

Local associations also work with La Caféière, such as a local ESAT for the social and professional integration of adults with disabilities, and the Bordeaux and Gironde food bank for the redistribution of products.

La Caféière, is the next milestone in Ecotone’s journey to reimagine a sustainable future of food, driven by its brands: Destination, Naturela, Clipper, Bonneterre, Alter Eco, and Piramide.

Key figures for La Caféière

180 organic tea and coffee products

60 direct jobs

9500 m2 (including 8000m2 dedicated entirely to the coffee factory)

Coffee:

3200 tonnes of organic coffee received each year
5.5 million units of organic coffee sold annually
12 organic coffee origins, i.e., around thirty green coffee material codes
60% of coffee sales generated by fair trade labelled products
100 ref coffee products

Tea:

100 tonnes of organic tea produced each year
80 references of tea products
72% of tea sales made with fair trade labelled products

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Kiss the Hippo reveals Chelsea as its next coffee shop location https://www.teaandcoffee.net/news/33084/kiss-the-hippo-reveals-chelsea-as-its-next-coffee-shop-location/ https://www.teaandcoffee.net/news/33084/kiss-the-hippo-reveals-chelsea-as-its-next-coffee-shop-location/#respond Wed, 25 Oct 2023 09:46:33 +0000 https://www.teaandcoffee.net/?post_type=news&p=33084 Kiss the Hippo, the speciality coffee shop and roastery, has announced that this November they are opening a new location in Chelsea.

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Kiss the Hippo, the speciality coffee shop and roastery, has announced that this November they are opening a new location in Chelsea.

Known for their house blend coffee, with tasting notes of chocolate, butterscotch and berries, Kiss the Hippo Chelsea will open its doors on 4 November. To celebrate the launch, the first 100 customers through the door will receive a complementary coffee. The location is adding to their catalogue of London locations from their first site in Richmond through to their latest on Fitzrovia Corner.

Located at 285 Fulham Road, the new Kiss the Hippo café spans 600 square feet, boasting a minimalistic modern feel that exudes intentionality in every detail. Blending both aesthetics and performance, the state-of-the-art Kees Van Der Western Spirit Espresso Machine takes centre stage. The wider space is adorned with Kristina Dam Studio Japanese dining chairs, Audo Copenhagen Danish furniture, and lighting by Cedar and Moss.

The signature George Street Blend of house espresso is accompanied by an array of single origin and decaf options to cater to diverse preferences. The café will also offer a range of pastries, cookies, focaccia and more.

This year also marks five years since the first Kiss the Hippo café opened in Richmond which at the time also housed the coffee roastery on site. The years that followed have seen the company win the UK Barista championships three times, and open multiple locations.

Kiss the Hippo has compostable pods, coffee bags, equipment, a subscription service and coffee workshops such as a Latte art course and home brewing course, available.

The creative director at Kiss the Hippo, Maya Zara, said of the opening: “Everything we do here revolves around care – from how we meticulously source and roast our beans, to the thoughtful design of our spaces. We’re beyond excited to bring Chelsea the most delicious and sustainable coffee, handcrafted with passion and precision.”

Hannah Grievson, property director at Sloane Stanley, said: “Kiss the Hippo will be a solid addition to the Fulham Road. Not only does its unique concept appeal to consumers from a sustainability perspective, promoting itself as London’s first carbon negative coffee company, but it delivers a bespoke retail element and boasts a strong community offer, mirroring the ethos of the Chelsea neighbourhood and wider Sloane Stanley Estate. We look forward to welcoming them at the start of the month.”

Kiss the Hippo Chelsea will be open from 4th November

Visit the new site at 285 Fulham Road, London, SW10 9PZ

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Bad Ass Coffee signs two new Texas agreements https://www.teaandcoffee.net/news/32912/bad-ass-coffee-signs-two-new-texas-agreements/ https://www.teaandcoffee.net/news/32912/bad-ass-coffee-signs-two-new-texas-agreements/#respond Thu, 28 Sep 2023 15:24:32 +0000 https://www.teaandcoffee.net/?post_type=news&p=32912 A three-store deal has been inked for Dallas-Fort Worth and a five-unit agreement has been awarded to develop in the North San Antonio market.

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Hawaiian coffee franchise, Bad Ass Coffee of Hawaii, has announced two newly signed agreements in Texas. A three-store deal has been inked for Dallas-Fort Worth and a five-unit agreement has been awarded to develop in the North San Antonio market.

Texas continues to prove a hot market for the brand as expansion now surges to 24 stores in development with an additional 20 in discussion. Just this month, Bad Ass Coffee opened in Cypress, and is expected open in Little Elm and McKinney by year’s end. Company leadership still sees vast opportunity to expand in Austin, Dallas- Fort Worth, Houston, and the Gulf Coast – Seabrook, Galveston, Corpus Christi, and South Padre Island.

Behind the three-store agreement in Dallas – Fort Worth is franchisee Brandon Lind. As a successful business owner for more than 12 years, Lind was ready to challenge himself to try something new and align his entrepreneurial background with his passion for coffee. He was introduced to Bad Ass Coffee of Hawaii by his mother who visited the Las Vegas franchise location that opened in late 2022, and shared its success. Inspired to learn more, he reached out to the team and was impressed not only by the leadership, financials, and support, but the product and culture that Bad Ass Coffee has established. Lind is currently in site selection for his first location which is slated to open spring 2024.

“I was on the hunt for a coffee brand that aligned with the values I was seeking in a business, paired with a high-quality product I could be proud to serve, and quite honestly was coming up short,” said Lind. “That is until I discovered Bad Ass Coffee. From the atmosphere that is created in the store, to the convenience of a drive thru model, and a high-quality coffee that Fort Worth simply hasn’t seen before, I knew I found my fit. As a Fort Worth resident, I look forward to serving new customers and engraining this business into the community.”

Alongside this agreement is a five-store development deal that will bring locations to the San Antonio market. Multi-unit operators continue to see the growth potential across the state, capitalizing on development opportunities.

“Texas continues to be a hot market for us,” said Scott Snyder, CEO of Bad Ass Coffee of Hawaii. “We’re growing with sophisticated players who see the immense value in diversifying their portfolios with an emerging coffee shop that has a distinct competitive advantage. More than 70% of our system is now comprised of multi-unit operators, and we look forward to welcoming more growth-minded individuals to our ‘ohana.”

With rapid expansion underway, the brand has set aggressive expansion plans to open 150 new locations over the next five years, with prime markets available nationwide.

Alongside impressive development, the brand continues to achieve strong performance marks. According to Bad Ass Coffee’s 2023 FDD, the top 50% of stores saw an average net sale of more than USD $1 million, with the average of the top 25% exceeding $1.2 million*.

Bad Ass Coffee of Hawaii was born on the Big Island of Hawaii in 1989 with the dream of sharing American-grown, premium Hawaiian coffee with customers everywhere. In addition to premium coffee from the famous Kona region of the Big Island, Bad Ass Coffee also sources from Kauai and Maui. Beyond premium Hawaiian coffees, Bad Ass Coffee of Hawaii serves up a full menu of popular blended drinks, signature lattes, cold brews, teas, innovative foods with a Hawaiian twist, and branded merchandise.

Bad Ass Coffee of Hawaii is looking to partner with qualified and engaged individuals seeking single and multi-unit opportunities. The brand offers an affordable, highly scalable opportunity with strong profit-potential. Franchisees can expect a total investment range between $454,200 – 920,500*. As International Franchise Association VetFran members, veteran franchisees who join will receive a $10,000 discount* off the initial franchise fee.

For more information on Bad Ass Coffee of Hawaii franchise opportunities, visit badasscoffeefranchise.com.

*Source: 2023 FDD – Bad Ass Coffee of Hawaii

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Bob & Berts expands its UK footprint https://www.teaandcoffee.net/news/32826/bob-berts-expands-its-uk-footprint/ https://www.teaandcoffee.net/news/32826/bob-berts-expands-its-uk-footprint/#respond Mon, 18 Sep 2023 10:27:33 +0000 https://www.teaandcoffee.net/?post_type=news&p=32826 The independent UK coffee and food chain has expanded its footprint into Yorkshire as it prepares to open its 28th UK store in Wakefield on Monday 25 September.

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Independent UK coffee and food chain, Bob & Berts, has expanded its footprint into Yorkshire as it prepares to open its 28th UK store in Wakefield on Monday 25 September, creating over 30 new jobs.

Situated in the city’s open-air Trinity Walk Shopping Centre, the company has transformed a 3,000 sq. ft. unit into a relaxed family-friendly coffee shop. The store’s 120-cover layout delivers a bright interior style that the brand has become known for, with 92 internal covers and a further 28 external covers in the heart of the shopping centre.

Founded in Portstewart in Northern Ireland in 2013 by Colin McClean, Bob & Berts is known for its distinctive style, quality offering and community-focused approach. Following a GBP £2 million investment in 2017 from BGF – one of the largest and most experienced growth capital investors in the UK and Ireland – the business has grown to 28 sites across the UK, including seven in England, and reported 58% sales growth in the 12 months ending 30 June 2022, reaching £17.8m.

The company has recently appointed former Pizza Express and Spit Roast operations manager, Dave Rayner, as its regional operations manager for England. Rayner will lead the operations team to oversee the company’s roll out across the country as part of its strategic growth plan.

Colin McClean, founder of Bob & Berts, said, “We’re eager to bring Bob & Berts’ signature style and welcoming service to the local community of Wakefield. Trinity Walk Shopping Centre is a fantastic location with family-friendly events taking place all year round. We see Yorkshire as a key growth area for us and Dave’s experience of both branded and independent operations will prove extremely valuable in helping us to reach more communities across England.”

Bob & Berts serves its own artisan coffee that’s hand-roasted in Northern Ireland using 100% arabica beans. Seasonal specials for autumn include a pumpkin-spiced latte, s’mores hot chocolate and a spiced chai cappuccino.

David Ferguson, co-owner of Bob & Berts, added, “We’ve seen great success across England over the past 12 months following store openings in Carlisle, Bury and Blackpool, with customers commenting on the positive impact our stores have had on boosting the local high street offer with affordable food and drink.

“We’ve identified a strong pipeline of new sites as part of our continued expansion and short-term objective of being a 50+ site brand. Our roll out across England remains our focus for the next 12 months and we’ve identified six stores to open with potential locations including Rochdale, Burnley, Southport, Warrington and Liverpool to maintain our successful momentum.”

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CoCo Fresh Tea & Juice reveals South Asia expansion plans https://www.teaandcoffee.net/news/32712/coco-fresh-tea-juice-reveals-south-asia-expansion-plans/ https://www.teaandcoffee.net/news/32712/coco-fresh-tea-juice-reveals-south-asia-expansion-plans/#respond Thu, 31 Aug 2023 09:31:35 +0000 https://www.teaandcoffee.net/?post_type=news&p=32712 Boba tea brand, CoCo Fresh Tea & Juice, has unveiled plans to expand its footprint in South Asia, as global demand for the East Asian refreshment grows worldwide.

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Boba tea brand, CoCo Fresh Tea & Juice, has unveiled plans to expand its footprint in South Asia, as global demand for the East Asian refreshment grows worldwide.

Recently, South Asia’s economy has shown resilience in the face of global headwinds, and worldwide the bubble tea market is expected to grow from USD $2.46 billion in 2023 to $4.08 billion by 2030, at a CAGR of 7.51%. With favorable conditions regionally and market growth globally, CoCo has encountered considerable enthusiasm from South Asian businesspeople to explore bubble tea’s potential.

“We’re thrilled to be here and look forward to future partnerships and to scaling up localised support,” commented Kody Wang, deputy director of business development at CoCo Fresh Tea & Juice. “After reaching 5,000 stores worldwide this year, CoCo has the most international coverage of any pearl milk tea brand, and our confidence level is high that South Asia is the next major market for bubble tea globally.”

South Asia’s dynamic consumer market

Already popular in other parts of Asia, the US and Europe, bubble tea is popular globally because of its appeal to diverse audiences, particularly Gen Z. Several key factors, specific to South Asia, make the refreshment lucrative:

  • Growing market size: Rising urbanisation and a booming middle class in countries like India and Pakistan provide opportunities for international brands.
  • Changing consumer preferences: A growing interest in flavours from other countries combined with the Instagram-worthy appeal of bubble tea positions the beverage uniquely to captivate the younger, more urban populations of South Asia.
  • Cultural adaptability: CoCo embraces customisation, enabling the creation of numerous region-specific flavours to amplify appeal and bridge global trends with local tastes.

The most expansive bubble tea franchise network worldwide

At the center of recent bubble tea growth in the US and Europe, CoCo made a leap from 3,500 to 5,000 stores from 2019 to 2023, securing an extensive footprint that positions it well for its latest move.

In addition, significant interest from South Asian franchisees and entrepreneurs at various international conferences indicates high demand in the region for bubble tea. With this expansion, it will focus primarily on partnerships with sizeable refreshment companies and master franchisors.

Empowering South Asian entrepreneurs

For franchisees in the region, CoCo Fresh Tea & Juice offers:

  • Established brand reputation: High brand recognition to attract customers and drive business growth
  • Proven, flexible business model: The ability to apply a successful model to local economies with room for adaptation
  • Customisation for local tastes: CoCo’s diverse offerings allow for franchisees to cater to the various tastes within South Asia
  • Favorable long-term prospects: The brand’s strength translates to franchising opportunities having a positive outlook for long-term ROI
  • Active support and training: Comprehensive guidance for South Asian partners to seamlessly establish and run successful stores

For more information, please visit coco-tea.com.

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Expat. Roasters opens its first store outside of Bali https://www.teaandcoffee.net/news/32693/expat-roasters-opens-its-first-store-outside-of-bali/ https://www.teaandcoffee.net/news/32693/expat-roasters-opens-its-first-store-outside-of-bali/#respond Thu, 24 Aug 2023 15:40:15 +0000 https://www.teaandcoffee.net/?post_type=news&p=32693 Indonesia’s specialty coffee producer, Expat. Roasters, opened their highly anticipated third store in Surabaya earlier this month. 

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Indonesia’s specialty coffee producer, Expat. Roasters, opened their highly anticipated third store in Surabaya earlier this month.

Their first location outside of Bali, this milestone expansion further solidifies Expat. Roasters’ commitment to providing exceptional coffee experiences to the vibrant coffee culture of Indonesia.

Located in the heart of Surabaya, the new Expat. Roasters store promises to be a haven for coffee enthusiasts and aficionados alike. Boasting a contemporary and inviting atmosphere, the architecturally designed space offers an immersive coffee experience, coupled with exceptional customer service and an international cuisine.

“We are absolutely delighted to open our third store in Surabaya,” said Shae Macnamara, founder and CEO of Expat. Roasters.

“Surabaya has a rich coffee culture, and we are thrilled to contribute to its growth by offering our unique range of specialty coffees. We have been overwhelmed by the support and love we have received from the Surabayan community, and we look forward to welcoming both our loyal customers and new faces to our newest store.”

Expat. Roasters has built a reputation for sourcing and roasting some of the finest coffee beans from Indonesia and around the world. With a team of passionate coffee experts, they meticulously craft each roast to bring out the distinct flavours and nuances of the beans.

Surabaya’s coffee connoisseurs can expect a wide selection of blends and premium single-origin coffees, expertly brewed to perfection using various brewing methods, including pour-over, espresso, and cold brew.

In addition to its remarkable coffee offerings, the Surabaya store will feature a carefully curated an all-day dining menu, showcasing a fusion of local and international flavors. From locally baked pastries, sandwiches, burgers and a kimchi fried rice alongside classic brunch favourites.

The Brew Bar was architecturally designed by WHAstudio in collaboration with Sydney-based X plus O Design Studio.

“My vision for the Brew Bar was to create a space that not only celebrates the art of coffee-making but also elevates the entire coffee-drinking experience. Working in collaboration with X plus O Design Studio, we aimed to design a contemporary and immersive atmosphere that would captivate coffee enthusiasts and create a haven for their passion, with a touch of Bali. The architectural design is a reflection of Expat. Roasters’ commitment to excellence, and I am thrilled to be a part of this remarkable project.” said Wilson Harkhono, principal architect at WHAstudio.

Expat. Roasters Surabaya is located at Graha family Block PS 15, Pradah Kali Kendal, Dukuh Pakis, Surabaya, East Java.

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Dunkin’ introduces its Spiked Iced Teas and Coffee to the RTD alcoholic beverage sector https://www.teaandcoffee.net/news/32634/dunkin-expands-its-rtd-alcoholic-offerings-with-spiked-iced-teas-and-coffee/ https://www.teaandcoffee.net/news/32634/dunkin-expands-its-rtd-alcoholic-offerings-with-spiked-iced-teas-and-coffee/#respond Tue, 15 Aug 2023 12:03:48 +0000 https://www.teaandcoffee.net/?post_type=news&p=32634 Dunkin’ have announced its new Dunkin’ Spiked Iced Teas and Coffees in the US, marking its continued expansion into the ready-to-drink alcoholic beverage market.

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Dunkin’ have announced its new Dunkin’ Spiked Iced Teas and Coffees in the US, marking its continued expansion into the ready-to-drink alcoholic beverage market. Starting in late August, Dunkin’ Spiked will be available in grocery and package stores across 12 states.

“We knew we had the opportunity to create something special when we saw the positive response to our previous seasonal collaborations for Dunkin’-inspired beers. The growing appetite for adult beverages inspired us to put a twist on our customers’ favourite Dunkin’ Iced Coffee, Iced Tea and Refresher flavours,” said Brian Gilbert, vice president of retail business development at Dunkin’. “Dunkin’ Spiked […] comes in eight distinct flavours, available in grocery and package stores later this month. This new line of ready-to-drink adult beverages elevates Dunkin’s offerings, and we know our 21+ fans will love every sip.”

Dunkin’ Spiked Iced Coffee has an ABV of 6%, drawing inspiration from the brand’s coffee flavours. Dunkin’ Spiked Iced Tea, the brand’s first venture into the hard tea category, has an ABV of 5% and offers four signature flavours.

The four Dunkin’ Spiked Iced Coffees varieties include:

  • Dunkin’ Spiked Original Iced Coffee
  • Dunkin’ Spiked Caramel Iced Coffee
  • Dunkin’ Spiked Mocha Iced Coffee
  • Dunkin’ Spiked Vanilla Iced Coffee

These can be purchased as:

  • A 12-can mix pack (three 12 oz. cans of each flavour)
  • Four-pack of 12 oz. Original Spiked Iced Coffee cans
  • Single 19.2 oz. Original Spiked Iced Coffee cans

The four Dunkin’ Spiked Iced Teas varieties include:

  • Dunkin’ Spiked Slightly Sweet Iced Tea
  • Dunkin’ Spiked Half & Half Iced Tea
  • Dunkin’ Spiked Strawberry Dragonfruit Iced Tea Refresher
  • Dunkin’ Spiked Mango Pineapple Iced Tea Refresher

These can be purchased as:

  • A 12-can mix pack (three 12 oz. cans of each flavour)
  • Six-pack of 12 oz. Slightly Sweet Spiked Iced Tea cans
  • Single 19.2 oz. Slightly Sweet Spiked Iced Tea cans

Consumers can find the Dunkin’ Spiked Iced Teas in grocery and package stores starting late August, while the Dunkin’ Spiked Iced Coffees will debut in early September. These beverages will be available in retailers across Connecticut, Delaware, Florida, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Texas and Vermont. To locate nearby stores, consumers can use the product finder on dunkinspiked.com. Notably, the Dunkin’ Spiked line of products will not be available at Dunkin’ restaurant locations.

To stay updated on the latest happenings at Dunkin’ Spiked, visit DunkinSpiked.com or subscribe to the Dunkin’ newsroom to receive notifications at news.dunkindonuts.com.

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Dualit introduces two new flavours to its recyclable coffee pod portfolio https://www.teaandcoffee.net/news/32599/dualit-introduced-two-new-flavours-to-its-recyclable-coffee-pod-portfolio/ https://www.teaandcoffee.net/news/32599/dualit-introduced-two-new-flavours-to-its-recyclable-coffee-pod-portfolio/#respond Thu, 10 Aug 2023 10:08:14 +0000 https://www.teaandcoffee.net/?post_type=news&p=32599 British artisan coffee roaster, Dualit, is introducing a new range of flavoured aluminium coffee pods into its beverage range.

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British artisan coffee roaster, Dualit, is introducing a new range of flavoured aluminium coffee pods into its beverage range. These environmentally friendly pods feature a mix of flavours, including Vanilla Cream and Rich Hazelnut, and are compatible with Nespresso machines. Launched at the end of July 2023, the pods are now available to customers.

With a major shift in the UK market towards premium and speciality coffees in recent years, and the forecast for 2023 set to be even bigger, Dualit has catered for the growing trend within this category by introducing the first of its flavoured coffee pods. With Vanilla and Hazelnut sitting in the Top 5 most popular coffee flavours in the UK, they will lead the way for the British coffee roaster as they enter the flavoured coffee market.

Made with high quality beans and flavourings, the blends are selected by Dualit’s Master Roaster at its West Sussex roastery. These premium coffee pods are designed to retain their fresh coffee taste, and each box contains ten capsules with a seal lid to lock in freshness. The challenge following customer feedback was to ensure that the syrup to coffee ratio retained the coffee flavour, and didn’t overpower with sweetness. The pods deliver this, according to the company, with the optimum balance of coffee and flavouring.

“Our flavoured coffee pods combine a smooth, medium strength Americano with the perfect dose of flavoured syrup, and when paired with milk, they create an elevated frothy cappuccino or milky latte experience to awaken the senses,” said Debbie McIvor-Main, marketing manager at Dualit.

About the two blends

Vanilla Cream – Strength 7: A medium strength Vanilla Cream with base notes of cereal, treacle, and dried fruit, topped with a hint of vanilla.

Rich Hazelnut – Strength 7: A medium strength Rich Hazelnut with base notes of cereal, treacle, and dried fruit, enhanced by a nutty flavour.

Dualit has sustainability and integrity at the forefront of all its coffee development and works closely with Fairtrade coffee producers. In addition, the use of aluminium to create the pods means a much lower environmental impact compared to other materials often used in coffee capsules, as it requires much less energy and resources to recycle. Aluminium pods are a great option for consumers who enjoy a pod coffee but want to make a conscious effort to protect the environment, and still maintain long shelf life.

To recycle, coffee grounds can be disposed of in food waste or compost bins, while the pod and lid can be recycled. Dualit’s handheld EcoPress Pod Recycler separates coffee from used aluminium pods, to support the recycling experience. Dualit’s EcoPress range is compatible with the new Flavoured Aluminium coffee pods, as well as the rest of the Aluminium range and other Nespresso® compatible pods.

The pods are available from dualit.com and Amazon, with an RRP of GBP £3.99 for 10x pods of £14.99 for 50x pods.

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Starbucks Q3 2023 net revenues rise 12% to USD $12 billion https://www.teaandcoffee.net/news/32536/starbucks-q3-2023-net-revenues-rise-12-to-usd-12b/ https://www.teaandcoffee.net/news/32536/starbucks-q3-2023-net-revenues-rise-12-to-usd-12b/#respond Wed, 02 Aug 2023 12:00:38 +0000 https://www.teaandcoffee.net/?post_type=news&p=32536 Starbucks’ Q3 consolidated net revenues grew 12% to USD $9.2 billion with Q3 international comparable-store sales rising 24% thanks to a 46% surge in comp-store sales in China.

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Starbucks Corporation (Nasdaq: SBUX) yesterday reported financial results for its 13-week fiscal third quarter ended 2 July 2023 announcing double-digit net revenue and global comparable-store sales growth. GAAP results in fiscal 2023 and fiscal 2022 include items that are excluded from non-GAAP results.

Consolidated net revenues were USD $9.2 billion, an increase of 12% from the prior year, or 14%, inclusive of more than 1% unfavourable impact from foreign currency translation.

The Seattle, Washington-based company disclosed that global comparable-store sales increased 10%, primarily driven by a 5% increase in comparable transactions and a 4% increase in average ticket. North America and U.S. comparable-store sales increased 7%, driven by a 6% increase in average ticket and a 1% increase in comparable transactions. International comp-store sales increased 24%, driven by a 21% increase in comparable transactions and a 2% increase in average ticket. Within China, comp-store sales surged 46%, driven by a 48% increase in comparable transactions and a 1% decline in average ticket.

GAAP operating margin of 17.3% increased from 15.9% in the prior year, primarily driven by sales leverage, pricing and productivity improvement. This expansion was partially offset by previously committed investments in labour, including enhanced store partner wages and benefits and higher general and administrative costs related to Starbucks’ Reinvention Plan. GAAP earnings per share of $0.99 grew 25% over the prior year.

Non-GAAP operating margin of 17.4% increased from 16.9% in the prior year. Non-GAAP earnings per share of $1.00 grew 19% over prior year

Net revenues for the North America segment grew 11% over Q3 FY22 to $6.7 billion in Q3 FY23, primarily driven by a 7% increase in company-operated comparable store sales, driven by a 6% increase in average ticket and a 1% increase in comparable transactions, net new company-operated store growth of 4% over the past 12 months, as well as strength in our licensed store sales.

Operating income increased to $1.5 billion in Q3 FY23 compared to $1.3 billion in Q3 FY22. Operating margin of 21.7% contracted from 22.0% in the prior year, primarily driven by previously committed investments in labour, including enhanced store partner wages and benefits as well as increased spending on partner training. This contraction was partially offset by strategic pricing, productivity improvement and sales leverage.

Net revenues for the International segment grew 24% over Q3 FY22 to $2.0 billion in Q3 FY23, primarily driven by a 24% increase in comparable store sales, net new company-operated store growth of 11% over the past 12 months, as well as growth in our licensed store revenue including higher product sales and royalty revenues. These increases were partially offset by approximately 5% unfavourable impact from foreign currency translation.

Operating income increased to $374.5 million in Q3 FY23 compared to $135.3 million in Q3 FY22. Operating margin of 19.0% expanded from 8.5% in the prior year, primarily driven by sales leverage including lapping mobility restrictions in China and prior year amortization expenses. This expansion was offset by digital investments and inflationary pressures.
Net revenues for the Channel Development segment decreased 6% over Q3 FY22 to $448.8 million in Q3 FY23, driven by a decline in revenue in the Global Coffee Alliance.

Operating income increased to $208.0 million in Q3 FY23 compared to $191.7 million in Q3 FY22. Operating margin of 46.3% expanded from 40.0% in the prior year, primarily driven by growth in our North American Coffee Partnership joint venture income and mix shift.

Noting the results, Laxman Narasimhan, CEO, said, “Our strong third quarter results point to all-around momentum in the business and reflect the significant progress we are making against our Reinvention Plan. Our results were also amplified by the distinctive competitive advantages that set us apart in the market.”

Starbucks opened 588 net new stores in Q3, crossing the 37,000 store count threshold globally, ending the period with 37,222 stores: 51% company-operated and 49% licensed. At the end of Q3, stores in the U.S. and China comprised 61% of the company’s global portfolio, with 16,144 and 6,480 stores in the U.S. and China, respectively.

Starbucks Rewards loyalty program 90-day active members in the U.S. increased to 31.4 million, up 15% year-over-year.

In May, Starbucks opened the first store in Paraguay, entering the 24th market in Latin America and the Caribbean and 86th market globally. The company also opened its first store in Rome, in May, in partnership with Percassi, its Italian licensee partner. In June, the company announced plans to expand their farm capability beyond coffee to include a new sustainability learning and innovation lab at Hacienda Alsacia in Costa Rica, the global agronomy headquarters for research and development.

Starbucks executives said the company’s financial results and long-term growth model will continue to be driven by new store openings, comparable store sales growth and operating margin management.

Rachel Ruggeri, CFO, commented, “I am pleased with our third quarter performance, which beat our expectations, including our International segment. Our performance was bolstered by the progress we are making against our strategies, specifically our Reinvention Plan, and its unfolding into tangible financial results, as we delivered earnings growth of 19% well above our revenue growth of 12%.” She added, “the momentum we have built and strength we are seeing globally, gives us the confidence and optimism to close our fiscal year strong.”

Seeking Alpha analyst Dilantha De Silva stated that he is skeptical of Starbucks’ “ambitious plan to achieve 7%-9% annual comparable-store sales growth through fiscal 2025.” However, he did note that the company has room to grow in the U.S., especially in smaller cities that have yet to be explored by the coffee chain. He added, “China is considered one of the biggest markets for tea, but there are clear signs of a growing coffee culture in the country. This is an opportunity for Starbucks.”

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JDE Peet’s announces intent to acquire Maratá’s coffee & tea business in Brazil https://www.teaandcoffee.net/news/32472/jde-peets-announces-intent-to-acquire-maratas-coffee-tea-business-in-brazil/ https://www.teaandcoffee.net/news/32472/jde-peets-announces-intent-to-acquire-maratas-coffee-tea-business-in-brazil/#respond Tue, 25 Jul 2023 08:14:20 +0000 https://www.teaandcoffee.net/?post_type=news&p=32472 JDE Peet’s to expand its emerging markets presence through the intended acquisition of Maratá’s coffee and tea business in Brazil.

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JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company by revenue, has announced that it has signed an agreement to acquire Maratá’s coffee and tea business in Brazil from JAV Group for an undisclosed amount in cash. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in 2024.

Maratá’s coffee and tea business is predominantly present in the northern part of Brazil through its longstanding and well-known brands Café Maratá and Chá Maratá. The business employs around 1,200 employees, operates two manufacturing plants and sells its products through a dense and well-established distribution network.

Upon completion, the acquisition will complement JDE Peet’s’ existing portfolio of brands primarily sold in the southern regions of Brazil. The acquisition will increase JDE Peet’s’ scale and national coverage in Brazil, a market which offers compelling prospects for both volume and value growth. As a result, the acquisition offers long-term value creation potential through attractive revenue and cost synergies.

Commenting on the acquisition, Fabien Simon, CEO of JDE Peet’s, said, “Over the last three years, we have been focused on transforming JDE Peet’s into a faster growing, correctly invested, and more sustainable company. We are now ready to take the next step and continue our disciplined path of geographical expansion and diversification. I am therefore very pleased with the opportunity to buy Maratá’s well-run coffee and tea platform in Brazil, an attractive market we know well and where we have successfully made acquisitions in the past.” He noted that following its completion, “this acquisition will represent a highly complementary proposition to our existing business in Brazil, which has been building strong momentum in recent years, allowing us to serve more cups across a full range of price points and product offerings while expanding our regional presence in Brazil.”

José Augusto Vieira, founder of JAV Group, added, “Since Maratá was founded over 50 years ago, we have stayed true to our mission of providing innovative, socially responsible, and high-quality products to consumers across Brazil. I am very proud of the strong and successful coffee and tea platform we have built, and I am very pleased that by handing over our coffee and tea business to JDE Peet’s, the world’s leading pure-play coffee and tea company, we are securing the long-term development and success of this great business.”

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