Tag: starbucks

Retail Asia06/11/2023
starbucks1.jpg
3min0
Starbucks Coffee Company has announced Triple Shot Reinvention with Two Pumps – a long-term growth plan for brand elevation, global expansion, and cost efficiency. The company described the strategy as the “next step in the re-founding of the company” to deliver significant value to partners, customers and shareholders. The plan includes three priorities – elevating the brand, […]

Retail Asia20/09/2023
128704935_20230221-starbucks-oleato-golden-cold-foam-handoff-1.jpg
2min0
Starbucks Vietnam celebrated its 10-year journey in the country with the grand opening of the 100th store in Lotte Mall West Lake in Hanoi on Saturday. Located in a new entertainment and shopping complex in Hanoi, the 100th store is designed to pay homage to the beautiful natural environment through a selected blue accent colour […]

Retail Asia09/08/2023
ApplePay-1280x720.jpg
2min0
Apple Pay has arrived in Vietnam, enabling users to make contactless money transactions through an iPhone or Apple Watch. Vietnam is the third country in Southeast Asia to allow Apple Pay after Malaysia and Singapore. Several lenders such as MB Bank and Techcombank now support Apple Pay services at some establishments such as Starbucks, Phuc […]

Retail Asia22/06/2023
starbucks-1.jpg
1min0
Chinese regulators in financial hub Shanghai summoned three firms including Starbucks and Shake Shack earlier this week for collecting excessive personal information, the city’s cyberspace regulator said on Wednesday. The regulators urged these firms to comprehensively rectify, protect personal information and safeguard the legitimate rights and interests of consumers, Shanghai’s cyberspace regulator said in a […]

Retail Asia04/05/2023
starbucks1.jpg
4min0
Starbucks Corp beat Wall Street estimates on Tuesday for quarterly profits, powered by a sharp recovery in business in China, but shares fell about 6% in after-hours trading after the company did not lift its 2023 guidance. With most of China’s COVID-19 curbs now scrapped, consumer mobility and spending in the region bounced back sharply […]

Retail Asia28/02/2023
Starbucks-1280x1169.jpg
1min0
Starbucks and Samsung used the strategy to increase sales. Enhanced customisation helped in driving sales growth of some brands in 2022, Euromonitor International said in its latest study. More than 49% of global digital consumers aged 15 to 29 said they are willing to share personal preferences with brands online. An example of enhanced customization is Starbucks […]

Retail Asia28/02/2023
Starbucks-Hong-Kong-Flagship_4.jpg
2min0
Its newly-opened 5,000th store is located in Gwanyang-si, South Korea. Starbucks is planning to expand further in Asia Pacific by opening 400 stores this 2023 after it opened its 5,000th store in the region in South Korea. In a statement, Starbucks said it aims to build on its over 300-store portfolio across 40 cities in […]

Retail Asia24/02/2023
128704935_20230221-starbucks-oleato-golden-cold-foam-handoff-1.jpg
4min0
It’s no secret that Starbucks is constantly looking for ways to innovate and stay ahead of the competition. Recently, the global coffee giant has unveiled its newest innovation – an olive oil coffee brew. This new brew has taken the coffee world by storm and is gaining a lot of attention from coffee enthusiasts around […]

Retail Asia04/01/2023
starbucks-sign-1280x853.jpg
3min0
Starbucks plans to open its 100th store in Vietnam in the second quarter of this year, a decade after first coming to the country, and keep expanding further. The U.S. chain now has 87 outlets in seven localities, 50 of them in Ho Chi Minh City. It has over 800 staff and 200 coffee “masters” […]

Retail Asia05/12/2022
starbucks-sign-1280x853.jpg
6min0
Tomorrow, Starbucks Indonesia will open its first Signing Store dedicated to the Deaf, hard of hearing, and sign language communities in Jakarta, Indonesia. Designed with inclusivity and accessibility at its core, customers at the Starbucks Tata Puri Community Store will be served by Deaf and hard-of-hearing baristas who proudly wear the green apron. The store […]

Retail Asia03/11/2022
Starbucks-Da-Nang-Vietnam.jpg
2min0
US coffee chain Starbucks has expanded its footprint into Laos under the partnership with its licensee Coffee Concepts, a subsidiary of Hong Kong-based Maxim’s Caterers. The Laos launch marks Starbucks’ 84th market globally, “reaffirming the company’s long-term commitment to continued growth across Southeast Asia” the company said in a statement. Coffee Concepts already operates more […]

Retail Asia19/10/2022
starbucks-1.jpg
3min0
Starbucks India has opened its first flagship Reserve store in Mumbai, Maharashtra. The 5200sqm Starbucks Reserve Fort Mumbai sells beverages, food and Reserve merchandise, such as black and gold mugs and tumblers with the Starbucks Reserve trademark. The flagship is decorated with a contemporary colour scheme and a Starbucks Siren made by two local artists […]

Retail Asia28/09/2022
Starbucks-Italy-4.jpg
2min0
Starbucks Tuesday celebrated its 6,000th store in the Chinese mainland, located in downtown Shanghai. Shanghai thus became the first city in the world to have 1,000 Starbucks stores, Starbucks China said. In 2018, Starbucks announced it would have 6,000 stores on the Chinese mainland by the end of its fiscal year in September 2022. The […]

Retail Asia02/09/2022
starbucks-bali-1280x670.jpeg
8min0
Starbucks today announced that Laxman Narasimhan will become the company’s next chief executive officer and a member of the Starbucks Board of Directors. Narasimhan will join Starbucks as incoming ceo on October 1, 2022 after relocating from London to the Seattle area and will work closely with Howard Schultz, interim ceo, before assuming the ceo […]

Retail Asia26/07/2022
starbucks1.jpg
2min0
Starbucks Thailand has announced an expansion strategy, which calls for opening 30 new coffee shops in Thailand every year until 2024 – 90 in all – according to Bangkok Post. The company claims to be prepared to expand again this year, after sales improved during the first half of this year. In addition, Starbucks Thailand […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X