In Uncertain Times, Nayuki Bets On Enduring Consumer Taste For Premium Tea
Key Takeaways:
Nayuki plans to open 474 new stores in the second half of this year, a major boost from its total of 1,194 stores at the end of June
The company recorded lower spending per order in the second quarter compared with the first, reflecting growing consumer caution
By Doug Young
It’s tea time!