Starbucks [SBUX] is launching the Starbucks Coffee Agronomy Company in Costa Rica in a bid to guarantee the quality and even supply of its coffee. The company also aims to support sustainable farming in the country - a move that will improve its ethical standing in the eyes of many consumers.
Kuehne & Nagel is continuing its growth strategy with another acquisition in Central America. As economic slowdown keeps freight growth down in the developed world, it makes sense for K&N to focus on less exploited markets to maintain its profit growth. At the same time, the move expands the Swiss firm's worldwide network still further.
Edit my basket
© Datamonitor 2014. All rights reserved
Terms & Conditions