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Jamaica to benefit from local Starbucks, says Minister of Tourism

KINGSTON, Jamaica – Minister of Tourism Edmund Bartlett, says the establishment of operations in Jamaica by American coffee company, Starbucks, will serve to strengthen the country’s appeal to international visitors. Bartlett said that, “alliances with international brands, such as this, do well to drive the marketing of Jamaica”. He indicated that Starbucks would be utilising Jamaican Blue Mountain and High Mountain coffee in their products manufactured locally. This, the Minister added, would ultimately redound to the benefit of Jamaica and the American firm. Bartlett indicated that Starbucks’ move to commence local operations was consistent with the Government’s growth agenda targeting increased investments. Last week, Starbucks announced that it had entered into a geographic licensing agreement with Caribbean Coffee Traders Limited, a consortium led by Margaritaville Caribbean Group. The agreement grants Caribbean Coffee Traders Limited the exclusive rights to own and operate Starbucks stores in the country. Magaritaville Chairman and Chief Executive Officer, Ian Dear, said that the negotiations, which were on-going for several months, culminated with an official agreement being reached on May 1. Jamaica will be Starbucks 17th market in Latin America and the Caribbean region, with the first store slated to open in Montego Bay. Starbucks’ Caribbean franchises comprise 43 stores operating in Aruba, the Bahamas, Curacao, Puerto Rico and Trinidad and Tobago.

7‑Eleven to launch Rainforest Alliance single-origin coffee from Peru

IRVING, Texas, U.S. – For its next exclusive single-origin coffee, 7‑Eleven, Inc. headed south to the Cajamarca region of ...

Starbucks Says “Ciao”: How Significant Is the Italian Market For Its Growth?

Starbucks Corporation (NASDAQ:SBUX) recently announced that it will open its first store in Italy in 2017, a country which...

24hr Starbucks Reserve store opens in Changi Airport T3, in Singapore

SINGAPORE — Coffee chain Starbucks officially opened its 10th Reserve store at Changi Airport Terminal 3 on April 12. L...

Sigep 2018 in Rimini to host the debut of “Franchising Speed Date”

RIMINI, Italy - SIGEP 2018 will host the debut of “Franchising Speed Date”, an innovative business opportunity for enterpr...

Dunkin’ dresses up its espresso experience with three new signature lattes

CANTON, Mass., U.S. — Dunkin' continues to elevate itself as the brand offering espresso choices with the introduction of ...

The Coffee Bean & Tea Leaf welcomes the new year with flavorful beverages

LOS ANGELES, U.S. — The Coffee Bean & Tea Leaf, one of the world's leading roasters and retailers of specialty coffee ...

Autogrill: profits and cash flow

The Board of Directors of Autogrill S.p.A. examined and approved the consolidated financial statements and the Company’s draft financial statements for 2015. The year saw strong growth in passenger traffic...

Krispy Kreme introduces the new Original Filled Doughnut in the States

WINSTON-SALEM, N.C., U.S. – It’s round. It’s glazed. And for the first time in the U.S., it’s filled! Introducing a doughn...

Dunkin’ Donuts’ On-the-Go Mobile Ordering now available nationwide

CANTON, MA, U.S. – Dunkin’ Donuts’ signature coffee, donuts and sandwiches are now available for purchase on-the-go using ...