Italy’s illycaffè wants to conquer the USA
Illycaffè currently operates 23 units in North America and in the next 5 years they intend to open 200 new cafés in the USA. For illycaffè the US market accounts for sales of nearly EUR 100 million out of a total EUR 483 million last year. The project – which would be a significant expansion overseas for the Italian company – is conditional on finding an ally with a deep knowledge of the US market.
Related news
Starbucks’ holiday beverage lineup has arrived: new flavors and nostalgic favorites for the winter months
With the arrival of the cold months, Starbucks is once…
Read more >
AI could have USD 1.6 thousand billion impact in North America by 2030
Retailers could benefit from the use of AI to varying…
Read more >
CEO Brian Niccol is trying to revive Starbucks with comprehensive changes
Starbucks’ new CEO, Brian Niccol, plans to implement sweeping reforms…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >
Using 30% less materials would be a solution to the climate crisis
The circular economy is a global imperative: it transcends geographical…
Read more >
Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >
