Tag: Starbucks licensing opportunities
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In South Korea, Starbucks is proving that sometimes the best one for a job isn’t a human. In fact, a small army of robots is a better option. Only two humans are enough to make you the best coffee and to make sure these robots don’t start a coffee uprising! As the two baristas prepare…
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Here’s a first look inside Altrincham’s new Starbucks, which has opened in the Stamford Quarter’s Foundation building today. The new 1,708 sq ft cafe is located on the ground floor, at one end of Stamford Square opposite Poundland. It had originally been scheduled to open last month but with Stamford Square now fully resurfaced and the gateway…
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As of March, Starbucks has classified nearly 16 percent of its 38,587 cafes worldwide as “Greener Stores,” marking a significant stride towards sustainability. These locations adhere to rigorous standards for waste, energy, and water savings, reflecting Starbucks’ ongoing dedication to environmental responsibility. This number represents a substantial increase from April 2023 and brings the company…
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Shares of Starbucks fell nearly 14% before the bell on Wednesday, after the coffee chain cut its annual forecasts on persistent weak demand in the United States from inflation-weary customers and a slower-than-expected recovery in China. Several quarters of price hikes have forced customers to ditch cafes and restaurants and instead drink coffee at home,…
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Innovation is in the air at Starbucks with a new line of boba-style drinks coming this summer. While the company itself hasn’t officially confirmed any details yet, CEO Laxman Narasimhan confirmed the impending arrival of the new products, which have been an ongoing rumor around Starbucks, during an earnings call on Tuesday. “For summer, we are launching…
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Starbucks is in the midst of expanding its presence in Ocala with construction of its eighth location, which is its first in the northeast part of the city in nearly 15 years. The new coffee shop is under construction at 3727 East Silver Springs Boulevard, next to the Wawa that opened in April 2019. Starbucks posted…
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On 29 April, Starbucks Coffee Company revealed plans to enter markets in Ecuador and Honduras by the end of 2024. As part of its Triple Shot Reinvention with Two Pumps strategy announced in November 2023, which includes driving store expansion to 55,000 locations globally by 2030, Starbucks will will open stores in Quito, Ecuador, and San Pedro Sula, Honduras.…
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After a much-needed refresh and revamp, the iconic Tsutaya store in Shibuya finally reopened on Thursday April 25. Along with the newly renovated retail space, Tokyo’s most famous Starbucks has also resumed business on the same date. Before it closed for remodelling, this particular Starbucks was immensely popular, as it offered a great view overlooking Shibuya Scramble…
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Starbucks, now a ubiquitous presence in cities worldwide, began as a humble coffee shop in Seattle, Washington. The journey from local store to global powerhouse is a testament to the vision and determination of its founders, as well as the evolving nature of consumer culture. Today, Starbucks operates tens of thousands of stores in over…
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Starbucks is making changes to improve guests’ coffee shop experience. The company is working on reducing noise inside its stores and enhancing accessibility for all customers. To tackle the noise issue, Starbucks plans to install acoustic dampening baffles or foams in the ceilings of new U.S. locations and about 1,000 renovated stores. This change aims to…