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Consumers Hoard Coupons as Starbucks Prepares for Price Hike

Consumers Hoard Coupons as Starbucks Prepares for Price Hike

SEOUL, Jan. 12 (Korea Bizwire) — With Starbucks preparing to raise drink prices, consumers are scrambling to ‘hoard’ Starbucks drink coupons. As of Tuesday, KakaoTalk mobile messenger gift shop’s bestseller list in the ‘coupons’ section showed that the top 15 items, except for third and 15th place, were Starbucks coupons. Since Starbucks coupons are valid [...]

Regulator to Probes Starbucks’ Pre-paid Card System

Regulator to Probes Starbucks’ Pre-paid Card System

SEOUL, Oct. 22 (Korea Bizwire) — South Korea’s financial regulator plans to begin a probes into Starbucks-issued unregistered pre-paid cards. The Financial Supervisory Service has received a list of some 50 companies, including Starbucks Coffe Korea, which are operating an unregistered prepaid card system. Starbucks allows customers to charge their Starbucks cards through its mobile [...]

Starbucks Korea Employees Burdened with Company’s Rapid Growth

Starbucks Korea Employees Burdened with Company’s Rapid Growth

SEOUL, Oct. 8 (Korea Bizwire) — Starbucks Coffee Korea is facing demands from its employees to improve working conditions, as they staged a demonstration Thursday in protest of excessive workload stemming from the company’s marketing events. The Korean unit of the global coffee chain’s yearly sales jumped from 773.9 billion won (US$647 million) in 2015 to [...]