Juan Valdez Goes After Starbucks With New Cafes in Florida
This article is for subscribers only.
Juan Valdez, the coffee brand backed by the Colombian Coffee Growers Federation, is opening franchised cafes in Florida in a fresh attempt to challenge Starbucks Corp. on its home turf.
The first store opened today in downtown Miami and four more will be added in the area by year-end, according to Hernan Mendez, chief executive officer of Procafecol SA, the company that oversees the Juan Valdez brand. Within five years, Procafecol is planning 60 of the new stores in Florida.