All That Coffee Drinking at Home Might Affect Chains Into Next Year
Quarantine brewing leaves less time for a trip to Starbucks
Nestle's and J.M. Smucker's coffee sales grew throughout the pandemic.
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Key insight:
People are consuming much more coffee at home these days, and that’s not a great sign for chains such as Dunkin’ and Starbucks, which have already been impacted from store closures following the Covid-19 outbreak.
