This week: your grocery store beans are officially more expensive than they've ever been in recorded history, Blue Bottle has a new owner and it's a plot twist nobody asked for, and Yemeni coffee shops are doing what Starbucks hasn't managed to do in years — make people actually want to stay. In this issue:
In this issue:
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US grocery coffee hits $9.72/lb — the highest price since records began in 1980
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Luckin's biggest backer just bought Blue Bottle from a very embarrassed Nestlé
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Yemeni coffee shops are growing 50% year-over-year and staying open until 3 AM
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Opinion: Blue Bottle's new ownership is either the best or worst thing to happen to specialty coffee, and we have thoughts