Market News
Coffee Shelves Go Empty in Parts of Europe as Price Rally Bites - BLOOMBERG
By Charlotte Hughes-Morgan
European consumers are being confronted by yet another repercussion of the global coffee crunch: Empty shelves in supermarkets.
Major Dutch retailers Albert Heijn and Jumbo said they stopped stocking certain products from coffee giant JDE Peet’s NV — which makes some of Europe’s most popular brands — as they renegotiate supply deals. There have also been reports of similar disruptions at German supermarket firms Edeka and Aldi Nord.