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Brands FMCG Food & Beverage.

Starbucks Reserve® Unveils Monsooned Malabar, Honouring India

A tribute to the skill and dedication of Indian coffee farmers, Monsooned Malabar brings to life an ancient coffee-crafting technique that imbues the beans with unique characteristics   Starbucks Reserve® has unveiled Monsooned Malabar, a single-origin coffee sourced from India, available exclusively at select Starbucks stores across the country. This limited-edition Arabica blend draws on […]

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Brands Economy Food & Beverage. Stores

Starbucks Expands Footprints In Tier II Cities, Opens First Outlets In Prayagraj, Bilaspur

These new stores introduce Starbucks’ globally renowned coffee experience to local customers, blending modern design with cultural and historical nuances

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Brands Companies Finance News

Price Hikes Hit Mondelez: Sales Up, Volumes Down As Consumers Cut Back

Mondelez International reported increased fourth-quarter sales, but higher prices impacted volumes, leading to a more than 2 per cent drop in its shares. While price hikes boosted profit margins until fiscal 2023, softer demand is now observed as budget-conscious consumers cut back spending. In North America, Mondelez experienced a 5.5 percentage point volume decline in […]

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Brands Companies Food & Beverage. News Retail

Tata Starbucks Unveils India Expansion Plan, Aims To Open 1,000 Stores By 2028

Tata Starbucks unveiled its plan to operate 1,000 stores in India by 2028, translating to the opening of a new store every three days. The strategic vision, articulated on Tuesday, revolves around empowering local partners with skills for employment, creating new stores designed to offer customers an elevated experience, and promoting Indian-origin coffee globally. Established […]

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Companies Finance News

Starbucks Faces $11 Bn Loss Amid Sales Slump, Boycotts Over Geopolitical Concerns

Global political tensions are negatively affecting Seattle-based Starbucks Corporation as the company has lost approximately USD 11 billion in value, which accounts for 9.4 per cent of its total value. In just 19 days, since the 16 November Red Cup Day promotion, Starbucks shares have plunged 8.96 per cent, causing a loss of nearly USD […]

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Feature Food & Beverage. International News

Surge In Global Coffee Consumption Outpaces Production

The global coffee industry has seen remarkable expansion in recent years, with growing demand for coffee surging by 28.6 million kilogram bags, far exceeding production, Vanusia Nogueira, Executive Director, International Coffee Organisation told BW Retail World. In the past three years, coffee production and consumption have surged, leading to a deficit in the market, she […]

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