Tag Archives: Pacfic Coffee

Shanghai Street View: Coffee Craze

Coffee craze percolates through Shanghai

A new report on Starbucks (Nasdaq: SBUX) plans to accelerate its China expansion made me realize just how overheated Shanghai has become with a recent explosion in new coffee shops. In the last 6 months alone, at least a dozen trendy new shops have opened within easy walking distance of my home in an up-and-coming area of the Hongkou District, including 3 or 4 of those by Starbucks itself. Read Full Post…