Heavy Inventory! Major Industry Events In March

 

Starbucks plans to open 55,000 stores by 2030

Starbucks reportedly plans to open 55,000 stores in more than 100 markets by 2030. Currently, Starbucks has 34,000 stores worldwide. In addition, Starbucks has further emphasized the concept of community in its global store innovation, committing to open or exclusively open 1,000 Starbucks community stores worldwide by 2030.

 

Manner plans to add 200+ stores

Manner announced on the official account that from March 8 to 10, 200+ stores will be opened simultaneously in 10 cities including Shanghai, Hangzhou, Chongqing, Wuhan, Nanning, Haikou, Beijing, Shenzhen, Chengdu and Suzhou. On March 13, Manner coffee announced the official launch of the takeaway business.

TIMS China receives another US$194.5 million investment

On March 10, coffee brand TIMS China announced an additional financing of $194.5 million. So far, TIMS Coffee has opened more than 400 stores.

 

Peet's Coffee accelerates store opening in China

Packaging and coffee chain giant JDE Peet's, the parent company of Peet's Coffee, posted its 2021 earnings report as the company posted strong double-digit growth in the Chinese market.

 

In the past two years, Peet's Coffee has significantly accelerated the opening of stores in the Chinese market, from 40 stores in the first half of 2021 to 77 stores. The CEO said it is on track to achieve what was originally planned in five to six years within the next two to three years.

 

SWEET7 and Pokémon, tea IP becomes a trend

The cartoon "Pokemon" adapted from the Pokemon game makes Pokemon IP a childhood memory of almost every post-90s generation or even post-00s generation.

 

The cooperation between SWEET7 and the Pokemon IP is awakening the public's memories of Pokemon. As soon as the cooperative pop-up store went online, it gained huge traffic.

 

Hollyland ×Bubble Mart launches spring limited products

On March 14, "Hollywood" x "Bubble Mart" officially announced the new products of Pucky Cherry Blossom Spring Limited Series. On March 4th, Hollyland co-branded "Ultraman China" to launch the Ultraman series of cakes.

 

Proposal of the two sessions: increase the development and application of biodegradable materials

The fifth session of the 13th National Committee of the Chinese People's Political Consultative Conference and the fifth session of the 13th National People's Congress were held in Beijing on March 4 and 5 respectively. During the 2022 two sessions, members of the two sessions have put forward proposals on how to solve the current plastic crisis.

 

As we all know, "white pollution", especially single-use plastic waste, poses a major threat to the natural environment and has attracted the attention of countries around the world. Biodegradable materials are a better solution because they degrade in a natural composting environment and can be recycled.