US: Branded Coffee Market Loses $11.5 Billion in Sales Due to COVID19
US: Branded Coffee Market Loses $11.5 Billion in Sales Due to COVID19 Published January 13th, 2021 - 11:00 GMT Covid-19 store closures have compelled many major US coffee chains, including Starbucks, Dunkin’ and Peet’s Coffee, as well as boutique operators, such as Bluestone Lane and Intelligentsia, to dramatically accelerate the roll-out of digital tools, including mobile ordering, curbside pick-up, delivery and e-commerce platforms for retail coffee. (Shutterstock) The $36-billion US branded coffee shop market suffered a 24% decline ($11.5 billion) in sales over the last 12 months...