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Singapore-listed firm to open 250 new Starbucks outlets mainly in Vietnam, Thailand

Singapore-listed firm to open 250 new Starbucks outlets mainly in Vietnam, Thailand

Singapore-listed DFI Retail, which is taking control of the Starbucks-licensed business with 1,100 outlets across seven Asian markets, plans to add 250 new stores in the next three years, mainly in Thailand and Vietnam.
Singapore-listed company to take over 1,100 Starbucks outlets in Asia

Singapore-listed company to take over 1,100 Starbucks outlets in Asia

Starbucks limited Snoopy glass cup resells 5 times higher at $200

Starbucks limited Snoopy glass cup resells 5 times higher at $200

Starbucks Korea posts first loss in 27 years as controversial promotion sparks boycott

Starbucks Korea posts first loss in 27 years as controversial promotion sparks boycott

Starbucks Korea posted its first quarterly loss since beginning operations 27 years ago after a marketing controversy sparked a boycott and drew government criticism over historical insensitivity.
August 14, 2026 | 12:37 am PT
Starbucks Singapore sparks backlash over plan to remove straws from condiment bars

Starbucks Singapore sparks backlash over plan to remove straws from condiment bars

Starbucks Singapore has come under fire after announcing it will remove straws from condiment bars starting April 22, drawing concerns over hygiene, accessibility and sustainability.
April 22, 2026 | 01:04 am PT
Starbucks opens Asia's highest store in Vietnam's Mount Fansipan

Starbucks opens Asia's highest store in Vietnam's Mount Fansipan

Starbucks on Saturday launched its highest store in Asia atop Mount Fansipan in Vietnam's northern mountains, allowing visitors to sip coffee while taking in views of clouds from the “roof of Indochina.”
March 14, 2026 | 07:11 pm PT
China’s largest coffee chain Luckin launches premium store to take on Starbucks

China’s largest coffee chain Luckin launches premium store to take on Starbucks

China’s Luckin Coffee has launched a new premium outlet offering higher-priced drinks to step up competition with Starbucks.
February 11, 2026 | 02:15 am PT
Starbucks lifts $250,000 private jet travel cap for CEO

Starbucks lifts $250,000 private jet travel cap for CEO

Coffee chain giant Starbucks now requires its CEO Brian Niccol to travel exclusively by private jet, including for personal trips, after scrapping a prior policy that required him to reimburse the company for some non-business flights.
January 27, 2026 | 06:51 pm PT
Starbucks sells majority stake in China business in $4B deal

Starbucks sells majority stake in China business in $4B deal

Starbucks has said it will sell a controlling stake in its Chinese retail operations to investment firm Boyu Capital in a deal valuing the business at around US$4 billion.
November 3, 2025 | 07:03 pm PT
Starbucks to close hundreds of stores in $1B restructuring plan

Starbucks to close hundreds of stores in $1B restructuring plan

Starbucks said it would close hundreds of stores in North America, including its iconic Seattle roastery, as its CEO presses ahead with a restructuring effort expected to cost US$1 billion.
September 26, 2025 | 05:25 pm PT
Starbucks CEO Brian Niccol praises Luckin Coffee’s rapid innovation

Starbucks CEO Brian Niccol praises Luckin Coffee’s rapid innovation

American coffee chain Starbucks CEO Brian Niccol acknowledged the strengths of Chinese rival Luckin Coffee, commending the company’s swift pace of product innovation.
September 17, 2025 | 08:46 pm PT
Starbucks to shift to 4-day work from office from 3

Starbucks to shift to 4-day work from office from 3

Starbucks CEO Brian Niccol said the coffee giant will require many of its employees to work out of office for a minimum four days a week, from the current three, as part of a new policy expected to kick in later this year.
July 14, 2025 | 11:47 pm PT
Starbucks denies plans to fully sell China business

Starbucks denies plans to fully sell China business

U.S. cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it obtained the information.
June 24, 2025 | 08:12 pm PT
Starbucks to lower prices in China as competition heats up

Starbucks to lower prices in China as competition heats up

Starbucks China will lower the prices of some of its iced drinks by an average of 5 yuan ($0.70) across the country, the company announced on Monday, as competition intensifies and consumers become more cautious about spending.
June 10, 2025 | 12:58 am PT
Starbucks offers up to $360,000 for private jet pilot

Starbucks offers up to $360,000 for private jet pilot

Starbucks is hiring a private jet pilot with a salary range reaching up to US$360,300 annually, according to a recent job listing reported by Business Insider.
May 28, 2025 | 12:46 am PT
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