The Chinese brand plans to sell coffee for $2 to $3 in US, while Starbucks typically charges $6 to $7 for a cup in New York. The timing could not be worse for Starbucks. In January ...
Luckin aims to leverage its experience selling affordable coffee in China and undercut U.S. incumbents by selling drinks priced around $2 or $3. The company is also preparing for an expansion in ...
Earlier this month, Arabica futures – which coffee roasters like Longo have to buy to get their supply – reached a historic high of $4 per pound on commodity markets, double the $2 price just ...
Even your beloved daily coffee isn't immune from incremental price hikes of 10 to 50 cents. But one Sydney cafe has bucked that trend and offering a very Italian-style espresso and macchiato for just ...