SEOUL, July 10 (Korea Bizwire) — Starbucks, marking its 21st year in South Korea with more than 1,400 stores across the country, will open its first bakery cafe this month. Starbucks Korea, the local unit of the U.S. coffee giant, plans to open a bakery in Yangpyeong County, Gyeonggi Province that will also feature a [...]
SEOUL, June 18 (Korea Bizwire) — A Starbucks store in Seoul’s downtown Sogong-dong has completed renovations based on the design of Hwangudan, the neighborhood’s most representative cultural heritage site. Hwangudan is a three-story altar built in 1897 when King Gojong of the Joseon Dynasty proclaimed the Korean Empire. Tables for the coffee machines and the [...]
SEOUL, May 26 (Korea Bizewire) — A series of giveaway promotions from coffeehouse chains for the summer season have become a hot topic. However, as the free gifts given as a part of the customer appreciation promotions have become popular, pressure that customers feel to buy the products is getting worse. Some point out that [...]
SEOUL, May 15 (Korea Bizwire) — Starbucks Coffee Korea said on Thursday that sales of packaged coffee beans and “VIA” stick-type instant coffee at Starbucks stores nationwide from January to April this year rose 26 percent and 20 percent, respectively, from the same period last year. Among coffee beans, Espresso Roast was the most popular, [...]
SEOUL, April 10 (Korea Bizwire) — While the mere mention of Starbucks might conjure up images of a steaming hot cup of java, recent sales data shows that the majority of customers at Starbucks last year actually bought cold coffee beverages. Starbucks Coffee Korea Co. announced Thursday that a big data analysis showed that 64 [...]
SEOUL, April 6 (Korea Bizwire) — Starbucks Coffee Korea Co. is expanding its social distancing measures to all stores nationwide. The coffee giant reported Sunday that it will reduce the number of seats and tables in its stores as another measure to limit the spread of the novel coronavirus. Up to one third of seats [...]
SEOUL, March 24 (Korea Bizwire) — Starbucks Coffee Korea Co. will expand social distancing operations at its branches, which were introduced on a trial basis at some stores in Daegu and North Gyeongsang Province, to nationwide stores in succession starting Thursday. The company plans to ensure a safe distance between customers and employees is maintained [...]
SEOUL, Feb. 13 (Korea Bizwire) — Starbucks Korea saw its net profit advance 18.5 percent in 2019 from a year earlier to a record high as the company continued to expand its number of stores here, data showed Thursday. Net profit came to 132.8 billion won (US$112.3 million), compared with 112 billion won posted a [...]
SEOUL, Dec. 20 (Korea Bizwire) — Revenue at Starbucks’ specialty coffee brand Reserve is up more than 70 percent on year, with more than 6 million cups served since the special stores were launched five years ago. Starbucks first introduced Starbucks Reserve store in 2014, and has been operating premium stores with an independent dedicated [...]
SEOUL, Nov. 26 (Korea Bizwire) — Hollys Coffee Co., a South Korean coffee shop chain, replaced Starbucks as country’s most loved and satisfactory coffee brand. The Korea Consumer Agency conducted a survey of 1,031 consumers between September 4 and 16 frequenting six major coffee brands in South Korea, in which Hollys Coffee received the highest [...]