June 27, 2013

Starbucks Coffee to have 241 stores in Malaysia by 2017

Starbucks Coffee, an American global coffee company and coffeehouse chain based in Seattle, plans to operate a total of 241 stores in Malaysia over the next four years.

By admin-demo

Starbucks Coffee, an American global coffee company and coffeehouse chain based in Seattle, plans to operate a total of 241 stores in Malaysia over the next four years.

The coffee retailer has chalked out plans to add 100 new outlets in line with its previously announced massive retail expansion in Southeast Asia.

Under the expansion, Starbucks earlier announced to open 100 outlets in Indonesia over the next three years and another 100 in Philippines within four years.

In Thailand, the coffee chain intends to double its retail network over the next five years.

The coffee retailer currently operates 141 stores in Malaysia alongside 700 more across six Southeast Asian markets, including Indonesia, Malaysia, the Philippines, Singapore, Thailand and, most recently, Vietnam.

Starbucks China and Asia Pacific channel development and emerging brands group president John Culver said: "We will continue to build the Starbucks brand in Malaysia holistically, adding 100 new stores over the next four years, evaluating ways to expand across new channels like grocery and convenience stores, all while staying true to our core values of investing in our people and in the communities we serve."

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