You are here

Coffee retailers may brew better margins on beans surplus

Vivek Verma, CEO of Olam Coffee, says there has been a "positive demand uptick in retail and online sales for in-home consumption" amid the pandemic, and that this has "largely offset the drop in out-of-home consumption".

Vivek Verma (above).


CONSUMERS can't tear themselves away from that cup of joe for its caffeine kick - be it from their "home offices" or at cafes that may now have opened up with lockdown measures easing here and around the world.

This relatively inelastic demand for coffee, combined with...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to