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Recent Articles

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Euromonitor: Foodservice sales of specialist coffee/tea shops in Southeast Asia made up US$4.4B in 2023, set to grow further by 8% CAGR between 2023-2028; coffee chains Luckin, Cotti Coffee, Kenangan Coffee have expanded into region, notably Singapore

Smoothie King announces signing of development agreements that will bring seven new locations to Las Vegas; the expansion more than triples Smoothie King’s footprint in the market

PEET'S COFFEE MARKS EARTH MONTH WITH SUSTAINABILITY EFFORTS, EARTH DAY DISCOUNTS, AND INITIATIVES

Fems HER Foundation, a socially responsible feminine hygiene brand by Hemas Consumer Brands, partners with Barista, one of Sri Lanka's largest cafe chains, to install free sanitary napkin dispensers at outlets nationwide to empower women

US restaurant traffic sees 1% year-over-year growth in 2023, and the industry now stands at US$500B, with dollars exceeding 2019 levels by 12%, despite traffic remaining 8% below pre-pandemic levels: Circana

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