LOS ANGELES, U.S. – The Coffee Bean & Tea Leaf, the oldest and largest privately held specialty coffee and tea retailer in the U.S., opens its newest store location at the Tocumen International Airport in the heart of Panama City, Panama.
The Tocumen International Airport is the fifth The Coffee Bean & Tea Leaf® location in the Central American city of Panama with local area developer Premium Café. Two additional store locations are planned to open in Costa Del Este and the Royal Blue Plaza in Via Porras later this year.
Founded in Los Angeles in 1963, The Coffee Bean & Tea Leaf® has served coffee and tea lovers for more than 50 years. Operating over 1,000 stores globally, The Coffee Bean collectively serves more than 110 million coffee and tea beverages each year and over 25,000 Ice Blended® drinks a day.
The brand’s impressive growth trajectory around the globe spanning 2015 includes the introduction of new stores in the territory of Japan.
Additionally, The Coffee Bean & Tea Leaf® remains deeply committed to its Southern California home market, commemorating its 1,000th store opening milestone in Los Angeles in June 2015.
The momentum continues into 2016, with the first store opening in China in March and plans to open over 700 stores across China over the next 10 years.