Depresso! Cafés go through the grinder
Starbucks, Barista, Chaayos, and Third Wave Coffee are facing a slowdown in growth due to rising competition and reduced consumer spending. Yet, smaller chains like Tim Hortons and Blue Tokai are thriving. Increasing café density and high coffee prices are adding to the challenges. Tim Hortons and Blue Tokai plan to expand further in the coming years.
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