- M2 Presswire -
Research and Markets has announced the addition of the "Coffee Shops" report to their offering.
Research and Markets (http://www.researchandmarkets.com/research/08ea46/coffee_shops[http://www.researchandmarkets.com/research/08ea46/coffee_shops]) has announced the addition of the "Coffee Shops" report to their offering.
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Executive Summary
Brief Excerpt from Industry Overview Chapter:
The US coffee shop industry includes about 25,000 stores with combined annual revenue of about $13 billion, according to the Specialty Coffee Association of America. Major companies include Starbucks, Caribou, Coffee Bean and Tea Leaf, and Praise International (Gloria Jeans and It's a Grind). The industry is concentrated: the top 50 companies generate more than 70 percent of sales.
COMPETITIVE LANDSCAPE
Consumer taste and personal income drive demand. The profitability of individual companies depends on the ability to secure prime locations, drive store traffic, and deliver high-quality products. Large companies have advantages in purchasing, finance, and marketing. Small companies can compete effectively by offering specialized products, serving a local market, or providing superior customer service. The industry is labor-intensive: average annual revenue per worker is about $50,000.
Coffee shops compete with businesses such as convenience stores, gas stations, quick service and fast food restaurants, gourmet food shops, and donut shops.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products include beverages and food. Beverages include brewed coffee and tea; espresso drinks (cappuccinos, caf lattes); cold blended beverages; bottled water; soft drinks; and juices. Food includes pastries, bakery items, desserts, sandwiches, and candy. Many coffee shops sell whole or ground coffee beans for home consumption. Some coffee shops sell coffee or espresso-making equipment, grinders, mugs, and other accessories. Most coffee shops serve high-quality, premium coffee known as specialty coffee.
Key Topics Covered:
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Trends AND Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Website and Media Links
- Glossary of Acronyms