Not exact matches
The strong growth in
coffee category
sales over the past five years has been fueled by demand for cold
coffee beverages, now estimated to contribute over 20 % of
coffee sales in the
U.S. Starbucks currently serves over 35 % of its
coffee cold and expects this proportion to grow to 50 % by 2021.
In an interview with Bloomberg, Krispy Kreme CEO Tony Thompson said he hopes
coffee can soon make up 10 % of Krispy Kreme's
U.S. sales.
Specialty
coffee sales are increasing by 20 % per year and account for nearly 8 % of the 18 billion dollar
U.S. coffee market.
The market seems to be frustrated with the
coffee chain, as comparable -
sales growth has slowed from 5 % a few years ago to just 2 %, but considering the «restaurant recession» going on in the
U.S. over the last two years, Starbucks is still outperforming most of its peers.
Coffee makes up 44 % of their
U.S. sales.
Smith is set to lead all Franchise Operations for The Americas and continue to lead the Business Development & Specialty
Sales team in growing and securing new business opportunities for the oldest and largest privately held
coffee and tea retailer in the
U.S.
The strong growth in
coffee category
sales over the past five years has been fueled by demand for cold
coffee beverages, now estimated to contribute over 20 % of
coffee sales in the
U.S. Starbucks currently serves over 35 % of its
coffee cold and expects this proportion to grow to 50 % by 2021.
In 2013, Euromonitor reported that
U.S. volume
sales of iced
coffee grew 25 percent over the previous year.
The guidance, published Tuesday, sets Germany apart from the
U.S., where the Internal Revenue Service treats bitcoin as property for tax purposes - which means that if an American buys a cup of
coffee with bitcoin, it's technically considered a
sale of property and potentially subject to capital gains tax.