Friday, December 10, 2010

CNBC Strategists: Already High Coffee Prices May Not Have Peaked Yet

Just how out of control are coffee prices right now?

We're pretty sure the fact that some of CNBC's top Wall Street strategists are suggesting that it is a good time to buy coffee while prices are already at a 13-year high should give you a pretty good idea.

If nothing else, the fact that it's predicted that the price of coffee (the commodity) will still rise more than 20 percent in the next year means one thing - the price of a cup of coffee is going to get more expensive.

Click here to read the full CNBC story: How to Trade Rising Coffee Prices

Wednesday, September 08, 2010

Green Mountain Set to Raise 
Keurig K-Cup Prices

At Corporate Essentials, we're usually very excited when Keurig K-Cups are in the mainstream news, and we get to pass that news along on our Java Cafe Blog.

This is not one of those times.

Last evening, Green Mountain Coffee Roasters (who make K-Cups carrying the brands Green Mountain Coffee, Timothy's Coffee, Caribou Coffee, Coffee People, Gloria Jean's, Diedrich and Tully's Coffee) announced that they will be increasing prices by 10 to 15 percent as of October 11, 2010.

This is not something that is totally unexpected due to the fact that the two biggest stories in the coffee industry in the last year have been the steadily rising cost of coffee and Green Mountain Coffee Roasters' acquisition of most of the leaders in Keurig K-Cup production.

What does this mean to you, the Corporate Essentials customer?
While it is still to early to give any very firm details on the type of price increase we will have to pass on to our customers, it is safe to say that you will be seeing higher prices on all Keurig K-Cups (more specific details will be posted as they become available).

This price increase will be something that you see across the board from Office Coffee Services to internet retailers to retail outlets to grocery stores (on all coffees, not just K-Cups).

Here is the official news release that was sent to us from Green Mountain Coffee Roasters last evening (9/7/2010), as well as some links to how the mainstream media is covering this news from Green Mountain:

GREEN MOUNTAIN COFFEE ROASTERS, INC. ANNOUNCES PRICE INCREASE

WATERBURY, Vt. (September 7, 2010) – Green Mountain Coffee Roasters, Inc. (GMCR) (NASDAQ: GMCR), announced today a price increase on all K-Cup® portion packs for its Keurig®Single Cup brewing system sold in North America. The increase will occur across all sales channels and will be effective beginning October 11, 2010. Consumers could expect to see a purchase price increase of approximately 10 to 15 percent over the next several months as a result.

The increase is in response to several factors affecting the coffee industry including a sustained increase in the price of green coffee, differentials for premium quality coffees, increases in prices of other raw materials, as well as higher packaging and transportation costs. Over the past three months, green coffee prices have increased from $1.45 per pound to $1.90 per pound, or approximately 31 percent.

“Like others in the coffee industry, we have been closely monitoring rising green coffee costs and increases in other input costs like cocoa and packaging for several months,” said Scott McCreary, president of GMCR’s Specialty Coffee business unit. “While we have the flexibility to absorb some short-term cost increases, the sustained nature of the increases we’ve experienced over the past three months led us to conclude it is necessary to adjust our pricing.”

Green Mountain Set to Raise K-Cup Prices (in the news):

Monday, May 24, 2010

Wolfgang Puck Keurig K-Cups now available from Corporate Essentials (drinkcoffee.com)



For months now, you have no doubt been hearing that 12 new Keurig K-Cups from Wolfgang Puck would be coming in May. Now we have a date - Monday, May 24th.

Corporate Essentials will have plenty of Wolfgang Puck Keurig K-Cups to go around, but we suggest that you get your orders in early in the week to guarantee your Wolfgang Puck Keurig K-Cups arrive as soon as possible.

Here's the lineup of Wolfgang Puck Keurig K-Cups (just in case you have been brewing your K-Cup coffee under a rock for the past few months and missed it):

Wolfgang Puck Breakfast in Bed  Keurig K-Cups: Wake up on the bright side, with fresh aromas and a smooth taste.
Wolfgang Puck Rodeo Drive  Keurig K-Cups (formerly Beverly Hills Blend): When only the best will do... Live the good life, and drink great coffee!
Wolfgang Puck French Roast Keurig K-Cups: Bring the aromas of France home with you and "profitez des bons moments (enjoy the good moments)"
Wolfgang Puck Vienna Coffee House Keurig K-CupsClose your eyes, breathe in the aromas and take a sip. Savor the moment.
Wolfgang Puck Sumatra Kopi Raya Keurig K-Cups: A full body with spicy notes. Flavors from around the world, at your table!
Wolfgang Puck Chef's Reserve Colombian Keurig K-Cups"A really good cup of coffee is truly one of my greatest pleasures." -Wolfgang Puck
Wolfgang Puck Chef's Reserve Colombian Decaf Keurig K-Cups: "A really good cup of coffee is truly one of my greatest pleasures." -Wolfgang Puck
Wolfgang Puck Hawaiian Hazelnut Keurig K-Cups: The flavor of rich coffee blended with tropical hazelnut. sure to delight the senses.
Wolfgang Puck Francais Vanilla Keurig K-Cups: A subtle flavor of vanilla adds just a touch of sweetness to this extraordinary coffee.
Wolfgang Puck Creme Caramel Keurig K-Cups: The sweetness of rich caramel mixed with gourmet vanilla ice cream, delicious!
Wolfgang Puck Jamaica Me Crazy Keurig K-Cups: You may do a little dance for this fantastic cup of Joe. Yes a dance, but who doesn't love a crazy jig in the morning?
Wolfgang Puck Sorrento Keurig K-CupsTake a moment to simply enjoy the great flavor and aroma of this perfect blend. Live, love, eat and drink great coffee.



Tuesday, March 16, 2010


New Survey of U.S. Employees Finds Small Perks in the Office Can Have a Big Impact on Feeling Motivated and Valued

Two Years of Limited Pay Increases and Workplace Benefits Leave Employees Appreciating Simple Luxuries (Fairfield, New Jersey's Corporate Essentials is an Authorized Keurig Distributor)
READING, Mass.--(BUSINESS WIRE)--In today’s challenging times, business owners and managers seek effective ways to improve morale in the workplace and help keep staff motivated, especially when employees are being asked to do more with less. Now, new survey findings reveal that small perks can have a major impact in boosting employee morale. According to a national survey, three out of five employed Americans feel more motivated to do their best work when provided with perks in the office and nearly half of those surveyed said small perks make them feel more valued.
“Employers can inexpensively offer simple perks in the office like flexible working hours, casual dress days or a celebration pizza that offers a significant perceived value to employees.”
“It’s important for business managers to recognize and reward their staff for their hard work, even if a tight budget only allows for small perks. Simple rewards can go a long way in attracting, motivating and retaining needed talent,” said Dr. Bob Nelson, a leading authority on workforce motivation, a best-selling author of 1001 Ways to Reward Employees and Keeping Up in a Down Economy and co-founder of Recognition Professionals International. “Employers can inexpensively offer simple perks in the office like flexible working hours, casual dress days or a celebration pizza that offers a significant perceived value to employees.”
Nelson points to fresh, free gourmet coffee as a commonly desired office perk that has a very high perceived value to employees, helping them save money, improve morale and enhance productivity - in turn benefiting employers. A recent national survey conducted on behalf of Keurig, Incorporated, a leader in single-serve brewing systems, confirms that. According to the survey:
  • 37 percent of employees surveyed would prefer free, daily fresh gourmet coffee or tea over a company’s annual holiday party
  • 50 percent of employees surveyed reported they are looking to cut back their spending on coffee and tea in 2010 (outside of the office)
  • Surveyed Americans aged 18-34 report spending an estimated $440/year and over 38 hours/year on purchasing coffee and tea before, during and after the work day. Sixty percent said they would like to cut back their spending
“The results from this survey reflect what we regularly hear from business owners and managers about the need to help boost employee morale and maintain productivity by providing a variety of gourmet coffee, teas, or specialty drinks,” says Dave Manly, General Manager, Away From Home division for Keurig, Incorporated. “Keurig’s single cup brewing technology makes it easy by providing a variety of gourmet beverages for everyone’s tastes and without the waste, mess and hassle that you find with traditional coffeemakers.”
Keurig has offered a solution for managers looking to provide employees with a perk of fresh, gourmet coffee since 1998. The company recently launched the Commercial Series B150 and B155 brewers, which are specially designed for small to medium sized businesses and medical offices and include a new one-of-a-kind, interactive touchscreen interface that provides step-by-step instructions for brewing the perfect cup of coffee in less than a minute. Employees can choose from over 200 varieties of K-Cup® portion packs from 13 different brands, making it easy for everyone in the office to brew the coffee they love and enjoy. For more information on Keurig, please visit www.keurig.com or call 888-CUP-BREW.
About the Survey
The national omnibus survey was developed by Keurig and Bob Nelson, Ph.D. and conducted by Opinion Research Corporation in Princeton, NJ. Opinion Research surveyed by telephone 958 adults employed full, part time, or self employed. Interviews were weighted by four variables including age, sex, geographic region, and race to ensure reliable and accurate representation of the total adult population. Interviews were conducted on Jan. 7-11, 2010. Such a sample has a margin of error of plus or minus 3.2%.

Friday, February 05, 2010

Did Your Coffee Make the List?










ABC 7 News reports on a Consumer Reports review of the best coffees on the market. Take a look and see what Corporate Essentials coffees made the cut.