By Giorgos Lampiris The Coffee Berry chain of coffee shops enters Saudi Arabia, which in this way takes another step in entering a foreign market, after Cyprus where it maintains an extensive presence and Egypt where it has already developed a network of stores. According to sources close to the company, the expansion to the […]
Tag: coffee
‘Trick’ from coffee companies to put the environmental tax in their pocket
By George Lampiris Interpretations are currently controversial regarding the effectiveness of the measure of imposing the recycling fee when buying coffee at points of sale, where however many of its executives come to question whether in practice this measure has worked. Characteristic in this direction was the position of the president of the Hellenic Coffee […]
Buying coffee: Because the capsules gain and the Greek loses ground
By George Lampiris The significantly increased costs associated with one of the main consumer goods that Greeks buy from both supermarkets and restaurants, were referred to the executives of the Hellenic Coffee Association, noting that the main factor that opened the field of cost increase was the frost that broke out in the summer of […]
Karoulias: In addition to alcohol, he invests in coffee
By George Lampiris A market with increasing dynamics, that of coffee in local consumption (focus points), sees in the market B.S. Karoulias, which maintains a strong portfolio of alcoholics. That is why lately it has been investing significantly in coffee, having created its own brand Cortese, which is roasted in partner facilities in Italy. It […]
A harbinger of a new rise in inflation
By Tasos Dasopoulos Inflation is now becoming a source of constant concern for the financial staff, which is expected to be announced next week at close to 6%, with the prospect of further growth for the first months of 2022. The significant reduction of gas prices and consequently of electricity prices in recent days, is […]
There are increases of up to 25% in coffee
By George Lampiris For total charges that will amount to 20% up to 25%, in the coffee that Greeks will buy in the form of take away from stores from the new year, speak executives of this market with extensive knowledge of the supply chain. It is characteristic that at the moment with the imposition […]
At a high of 10 years the price of coffee – ‘It has not reached the ceiling yet’, analysts estimate
Coffee prices are moving high in 10 years with analysts estimating that the tightness in the market will continue until 2023. December coffee delivery closed close at $ 2.34 a pound on Monday, hitting $ 2.46 on the New York Mercantile Exchange on Thursday, the highest level since 2011, when the commodity exceeded $ 3 […]
At a high seven years the futures of coffee
Problems in global supply chains have pushed coffee prices to a seven-year high in New York as bad weather, transportation hurdles and rising fertilizer prices threaten to hurt supply, further worsening the picture, according to Bloomberg. . March-era Arabica futures were found to be up 2.6% earlier today at $ 2,189 in New York, climbing […]