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 [...]
SEOUL, Aug. 13 (Korea Bizwire) — Starbucks Korea reported a 28 percent on-year jump in its operating profit in the first half of the year amid rising appetite for premium coffee, discount store chain E-Mart said Tuesday. From January to June, the U.S. coffee giant posted an operating profit of 74.7 billion won (US$61 million) [...]
SEOUL, May 28 (Korea Bizwire) — Starbucks Coffee Korea Co. said Tuesday that the number of its upscale Reserve outlets has exceeded that of the United States, reflecting South Koreans’ growing appetite for premium coffee. The U.S. coffee giant will open its 50th Starbucks Reserve store in central Seoul on Wednesday, Starbucks Coffee Korea said [...]
SEOUL, May 9 (Korea Bizwire) — Starbucks Coffee Korea Co. reported on Wednesday that the accumulated total amount of discounts the company offers to individual cup users is expected to exceed 10 billion won (US$8.50 million) by the end of this year. Starbucks introduced the ‘Eco Bonus Star’ System last year, which allows customers to [...]
SEOUL, Apr. 24 (Korea Bizwire) — Starbucks coffee grounds are composted and sprayed on farmland, and agricultural products grown as food for the compost will be reborn as Starbucks products. Starbucks Coffee Korea Co. announced on Tuesday that it had signed a mutually beneficial agreement with the city of Pyeongtaek on Monday, along with the [...]
SEOUL, Apr. 4 (Korea Bizwire) — Starbucks Coffee Korea Co. said Friday it will increase the number of cashless stores to 759 outlets across South Korea to better cater to the growing popularity of digital and credit card payments. More than 60 percent of the 1,280 stores operated by the coffee giant will only accept [...]
SEOUL, Feb. 26 (Korea Bizwire) — Starbucks Coffee Korea Co. announced on Monday that it will install air purifiers at all Starbucks stores in South Korea. The new initiative follows the company’s previous air pollution program, the Zero Fine Dust Project which began in 2017, to offer cleaner air to all customers visiting a Starbucks [...]
SEOUL, Feb. 13 (Korea Bizwire) — Starbucks Coffee Korea Co. announced on Tuesday that the quantity of disposable straws used at its stores has decreased by half since it introduced a cup lid that has no straw hole nationwide in November of last year. Ever since then, the number of disposable straws used at Starbucks [...]
SEOUL, Dec. 28 (Korea Bizwire) — Starbucks Coffee Korea Co. announced on Thursday that its Eco Bonus Star Program led to a 24 percent increase in the number of customers bringing their own cups to stores over the last month. Through the Eco Bonus Star Program, customers can save up an additional number of ‘stars’ [...]