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Starbucks opens 50 stores in India

January - December 2012
India

Published: 30 Jan 2012 | By Mike D | Last updated: 30 Jan 2012
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Starbucks aims to open 50 stores in India by the end of 2012.


Their first coffee shop is expected to open in August or September thanks to a co-operation with Tata Group; India's biggest business house.


Starbucks initially planned its launches for mid 2011 but got delayed due to difficulties in acquiring real estate combined with high-land costs; a common problem faced by corporations in a country where small family shops dominate the business sphere.


"We are in the process of looking at real estate opportunities at the moment. We are moving as quickly as possible and the expansion of stores will be based on the customer feedback we get," John Culver, president of Starbucks for China and Asia Pacific, told reporters.

Source
Reuters www.reuters.com
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Created by Mike DCreated by Mike D
on Mon 30 Jan 2012
Modified by Mike DLast modified by Mike D
on Mon 30 Jan 2012
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Location: India
Expected date: January - December 2012
Planning: to be confirmed
Ended: 145 days ago

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