Not even coffee is immune to the powerful forces of extreme weather and inflation. Coffee futures climbed on Thursday to the highest level since January 2012. It's just the latest spike for a ...
Coffee, one of America’s favourite morning essentials, is becoming more expensive. The U.S. Bureau of Labour Statistics recently reported that the country’s price index jumped by 18.9% in September, ...
Photo credit: Depositphotos. While it would be easy to blame the high-end coffee chains for the increase, inflation across the board has only risen 62% over the past 20 years, but that’s only part of ...
Americans' coffee addiction is about to get a lot more expensive. With 66% of the population drinking coffee daily and an average intake of 2-3 cups per person, the U.S. is the world’s largest coffee ...
It’s getting more expensive for Americans to get their caffeine fix. The average U.S. price of a pound of ground coffee hit $9.14 in September, a 3% increase from the August average of $8.87 and 41% ...
BRC Inc. faces severe macro headwinds, bringing shares down ~40% YTD and ~60% over the past year. Rising green coffee prices, intense competition, and weak demand are eroding margins and pressuring ...
Anyone who’s shopped for groceries or eaten out lately has probably felt the creep of inflation. Across the country, consumer prices saw their biggest year-over-year rise since 1981, according to the ...
Starbucks has been hiking prices as inflation soars and labor costs rise. And it's planning more this year. The coffee chain raised its US prices in October and again just last month in January, CEO ...
Rivers Café USA is struggling to keep its door open. This summer was the Floral Park coffee shop’s most difficult season since it opened in July 2020. "I don’t want to close this shop. It’s like my ...
Shopping for groceries should inflict less pain on Americans' pocketbooks in the year ahead. People should get some relief from food inflation in 2024, as the costs of basics like sugar, coffee, corn ...
Will people become more environmentally conscious once coffee stops tasting so great, we might actually find out because as climate change continues to evolve, so will the taste of coffee. In the past ...