Riding on the momentum from the opening of its 500th store in
Mainland China in October, Starbucks Coffee Company (NASDAQ: SBUX)
entered another five new Chinese cities: Langfang (Hebei Province),
Zhengzhou (provincial capital of Henan Province), Harbin (provincial
capital of Heilongjiang Province), Xiangtan (Hunan Province) and
Zhoushan (Zhejiang Province). In the past year, Starbucks has
successfully entered 13 new cities in Mainland China and the stores in
these communities have been popular and well-accepted by local customers.
"Entering five new Chinese cities this month demonstrates our strong
commitment to China, our second home market outside of the United
States,” said John Culver, president, Starbucks China and Asia Pacific.
"Starbucks has never been better positioned for sustained profitable
growth than we are today and we aim to accelerate this momentum in 2012.
We look forward to opening more stores and entering more new cities to
reach Chinese consumers.”
As previously announced, approximately half of the 300 Starbucks China
and Asia Pacific new store openings, in fiscal 2012, will be in China.
"At Starbucks China, we want to grow in a way that is unique to the
brand – not only ensuring positive store sales, but also deepening our
coffee authority, elevating the customer experience and contributing to
the thriving communities in which we operate,” added Belinda Wong,
president, Starbucks China. "We know each Starbucks store is unique to
our partners (employees), customers and the community. As such, we are
not just aiming to open another 1,000 stores over the next four years;
we are going to open one store 1,000 times because each store is
important.”
On December 1, Starbucks served its first cup of Starbucks® coffee in
Harbin in Northeast China, which marks the global coffee company’s
northernmost store in Asia. Despite the cold temperature, long queues
formed outside the new store with local customers eager to be amongst
the first in their city to engage in the authentic Starbucks
Experience. Starbucks first store in Harbin is located in the city’s
most popular cultural and heritage district. On December 2, Starbucks
opened its first store in the city of Xiangtan. The store is prominently
located at the city’s largest Bubugao Shopping Mall.
Since its entry into China in 1999, Starbucks has not only been a symbol
of China’s rapid urban development, but also for its customer: the
authentic coffee culture, genuine moments of connection between its
partners and customers, and unique Starbucks Experience have come
to embody a new modern lifestyle pursuit and aspiration. Starbucks today
operates more than 500 stores, across 44 Chinese cities.
About Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically
sourcing and roasting the highest-quality arabica coffee in the
world. Today, with stores around the globe, the company is the premier
roaster and retailer of specialty coffee in the world. Through our
unwavering commitment to excellence and our guiding principles, we bring
the unique Starbucks Experience to life for every customer
through every cup. To share in the experience, please visit us in our
stores or online at www.starbucks.com.
