ROCKFORD, Ill., June 18, 2024 (GLOBE NEWSWIRE) -- Months after earning the opportunity during Walmart's prestigious and competitive "Open Call" event, Fire Department Coffee is set to debut its popular roasts at Walmart stores nationwide this June. The veteran-owned company, founded in 2016, has experienced significant recent growth. Now, its products will be available to customers at more than 2,300 Walmart stores, representing nearly half of all Walmart stores in the United States. Fire Dept. Coffee is a ...

According to Grand View Research, the global coffee market is projected to reach $144.7 billion by 2025, with a significant portion driven by specialty coffee. In the United States alone, the online specialty coffee market is expected to grow at a CAGR of 8% from 2023 to 2025, reaching an estimated value of $5.5 billion by 2025. "We are thrilled about our launch on Amazon, which marks a significant step in our OMNI-channel strategy," said Jay Kim, CEO of Reborn Coffee. "Amazon's vast reach and robust infras ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______________ TO _______________ COMMISSION FILE NUMBER: 001-32491 COFFEE HOLDING CO., INC. (Exact Name of Registrant as Specified in Its Charter) | Nevada | 11-223811 ...

CONWAY, Ark., June 13, 2024 /PRNewswire/ -- Westrock Coffee Company (Nasdaq: WEST) ("Westrock Coffee" or the "Company"), an industry leader in innovative beverage solutions, today launches the largest roast to ready-to-drink manufacturing facility in North America. Located in Conway, Arkansas, the 570,000-squarefoot facility represents a $315 million investment in manufacturing capability and includes a comprehensive beverage development laboratory. This facility squarely positions Westrock Coffee at the fo ...

China loves its coffee – who knew? The Chinese Coffee Market Muffins, chicken wraps, or breakfast sandwiches cost RMB 15 - 20, meaning that a coffee and food item were priced on par with a McDonald's Quarter Pounder value meal. 2) According to the Guardian Newspaper, Cotti Coffee, which was founded in 2022, has 6,061 outlets in China, 6004 of which were opened in 2023 alone. Cotti's website states that it now has 7,000+ stores in 28 countries, and 300+ cities. Cotti is opening up stores adjacent to establis ...

Guangzhou, a Tier 1 city, is renowned for its vibrant economy and high living standards. Located on the first floor of the Li Weiguang Art Museum in Shamian Island, the store takes advantage of the area's high foot traffic and rich cultural backdrop, making it an ideal location to introduce Reborn Coffee's unique offerings to China's sophisticated coffee enthusiasts. The company plans to leverage Guangzhou's dynamic environment as a driver for expansion across China, targeting over 70 new locations in estab ...

With only a garage and a one-pound roaster, three friends founded Black Rifle Coffee (BRCC -2.11%) in 2014. It started as a direct-to-consumer (DTC) coffee company with a strongly patriotic brand identity. And from those humble beginnings, things have really taken off. The company, which generated nearly $400 million in revenue last year, expects to generate at least $430 million this year. Are things suddenly going better for Black Rifle Coffee, or is this a case of stock market irrationality? DTC sales ar ...

Starbucks management admits that long wait times contributed to declining sales last quarter. If you've noticed that it takes longer to get your coffee or latte from Starbucks (SBUX -1.97%), you're not alone. This has been leading to increasingly frustrated customers and helped play a part in the company reporting disappointing fiscal second-quarter results that saw sales decline 2% to $8.6 billion. It was its first quarterly revenue decline since 2020 when COVID-19 affected sales. Starbucks' operational is ...

Imagine if, for every cup of coffee you bought, you instead invested that money into coffee stocks. I am not suggesting you stop drinking coffee. That would sound miserable. Yet, this idea got me to start making coffee at home instead of buying overpriced lattes. While the few dollars saved daily won't make you rich overnight, this practice could end up highly beneficial over time when weighed against the potential for compounded returns. The global coffee market appears to be enjoying powerful momentum dri ...

About Reborn Coffee Reborn Coffee, Inc. (NASDAQ: REBN) is focused on serving high quality, specialty-roasted coffee at retail locations, kiosks, and cafes. Reborn is an innovative company that strives for constant improvement in the coffee experience through exploration of new technology and premier service, guided by traditional brewing techniques. Reborn believes they differentiate themselves from other coffee roasters through innovative techniques, including sourcing, washing, roasting, and brewing their ...