Peet’s Coffee & Tea Inc., the Bay Area-based cafe chain, is going private for $977.6 million – but it’s not being sold to Starbucks , its giant Seattle rival. Instead, German conglomerate Joh. A. Benckiser will shell out $73.50 a share to buy the emeryville company, paying a 29% premium on Friday’s $57.16 closing price. … Read more
They charge that while Starbucks claims to be green, in fact, it has done little to keep genetically engineered ingredients out of its foods and beverages or to promote Fair Trade, shade-grown coffee Does Starbucks use GMO? Starbucks may use GMO-free (non-organic) milk in its coffee drinks, but only 1.1 percent of its coffee is … Read more
The U.S. does have a history of coffee production, primarily in Hawaii , where coffee was first introduced about 200 years ago. In 2020, Hawaii produced 5.12 million pounds of coffee (about 38,000 bags), according to world coffee research. Is there any coffee grown in the united states? The U.S. does have a history of … Read more