Starbucks coffee

Starbucks takes full control of China stores in $1.3 billion deal

Starbucks takes full control of China stores in $1.3 billion deal

Starbucks has seen rapid expansion in China, where it opened its first cafe 17 years ago. By 2011, the company had 400 outlets while today it has nearly 600 in Shanghai alone.

The company plans to close 379 Teavana tea shops due to poor performance, it said.

Jul 28, 2017, 11:34 AM IST

India success exceeds expectations: Starbucks

As it completed two years of operations in the country, American coffee chain Starbucks today said its success in India has exceeded its expectations.

Nov 04, 2014, 19:25 PM IST

Starbucks buying full control of Japan unit for $914 mln

Starbucks Corp on Tuesday said it plans to buy the remaining 60.5 percent share of Starbucks Coffee Japan Ltd that it does not already own in a two-step deal valued at about $913.5 million.

Sep 24, 2014, 05:29 AM IST

Starbucks comes under 7-Eleven control in Australia

The owners of the 7-Eleven chain in Australia have taken control of coffee giant Starbucks` struggling local operations in a bid to turn around its fortunes, the company said on Wednesday.

May 28, 2014, 10:05 AM IST

Starbucks says India operations fastest growing in its history

With 40 stores in 17 months of its operations, India is the fastest growing market in the history of the Seattle-based iconic American coffee chain Starbucks, according to a company statement.

Mar 20, 2014, 19:14 PM IST

Starbucks taking Indian Coffee to its outlets across globe

Opening its first store in south India here, American coffee giant Starbucks today said it is taking the Indian grown coffee to its 19,000 stores across the world.

Nov 22, 2013, 16:12 PM IST

Starbucks says paid British corporation tax after row

US-based coffee giant Starbucks said Sunday it had paid 5 million euro in British corporation tax and will pay another 15 million euro by next year after facing a backlash from lawmakers and customers over non-payment.

Jun 23, 2013, 21:34 PM IST

Starbucks to open outlets in more Indian cities

Starbucks entered the Indian market in October 2012 and currently operates six stores in Mumbai, two at the New Delhi's Indira Gandhi International Airport and three more in the city.

Apr 07, 2013, 18:25 PM IST

Alsea acquires Starbucks coffee business in Mexico

The deal will be financed with bank borrowing, Alsea said.

Apr 03, 2013, 12:34 PM IST

Starbucks, Tata Coffee open roasting plant in Karnataka

US-based Starbucks Coffee Company and its Indian partner Tata Coffee on Friday inaugurated a roasting and packaging plant in Karnataka that will cater to the domestic as well as select overseas markets in future.

Feb 08, 2013, 15:00 PM IST

Starbucks looks to work with Indian coffee growing communities

Starbucks Coffee President (China and Asia Pacific) John Culver informed Commerce, Industry and Textiles Minister Anand Sharma of the company's various initiatives in India at a meeting here on Tuesday, according to an official statement.

Feb 05, 2013, 18:57 PM IST

Starbucks threatens to suspend million pounds of investment in Britain

Kris Engskov, the multinational’s UK managing director, demanded talks at Downing Street after Cameron said tax-avoiding companies had to “wake up and smell the coffee”.

Jan 27, 2013, 15:04 PM IST

Starbucks reaches Delhi, opens outlets at IGI Airport

Expanding its reach to new markets in India, coffee chain Tata Starbucks Thursday announced opening of two outlets at the National Capital's Indira Gandhi International Airport.

Jan 24, 2013, 14:00 PM IST

Starbucks opens first store in India

Marking its foray into India, US coffee chain major Starbucks Friday opened its first outlet in the city in a joint venture with Tatas.

Oct 19, 2012, 20:11 PM IST

Starbucks sets up joint venture in China

US coffee chain Starbucks has set up a joint venture with a Chinese company to buy and process coffee beans in China's southwestern province of Yunnan, state media said on Monday.

Feb 06, 2012, 22:56 PM IST