Luckin Coffee secures $500m coffee supply deal in Brazil
Luckin's proposal to purchase 120,000t of Brazilian coffee up to 2026 is valued at $500m
10 June 2024
10 June 2024
Luckin's proposal to purchase 120,000t of Brazilian coffee up to 2026 is valued at $500m
The transaction is subject to a competitive bidding process due to SouthRock's ongoing bankruptcy protection.
The venue's overall design has been updated with contemporary furniture and improved TV and audio systems.
The menu features traditional curries and tandoori dishes alongside modern fusion offerings.
Expected to open in September 2024, the Tampa restaurant will offer a teppanyaki-style concept.
The initiative marks Bojangles' first company-wide venture into the catering sector.
Major chains have hiked prices and others have reduced employee hours and are speeding up transition towards automation.
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GlobalData's latest report offers an extensive insight and analysis of the US foodservice market over the next five years (2023–28) and acts as a vital point of reference for operators or suppliers. The US foodservice profit sector generated total revenue of $1.5 trillion in 2023, and is expected to register a strong CAGR of 3% during 2023–28. QSR led the foodservice profit sector in 2023, accounting for 45.4% of total sales.
GlobalData's latest report offers an extensive insight and analysis of the US foodservice market over the next five years (2023–28) and acts as a vital point of reference for operators or suppliers. The US foodservice profit sector generated total revenue of $1.5 trillion in 2023, and is expected to register a strong CAGR of 3% during 2023–28. QSR led the foodservice profit sector in 2023, accounting for 45.4% of total sales.
GlobalData's latest report offers an extensive insight and analysis of the US foodservice market over the next five years (2023–28) and acts as a vital point of reference for operators or suppliers. The US foodservice profit sector generated total revenue of $1.5 trillion in 2023, and is expected to register a strong CAGR of 3% during 2023–28. QSR led the foodservice profit sector in 2023, accounting for 45.4% of total sales.
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