Starbucks is a global coffee company founded in 1971 in Seattle, Washington, as a roaster and retailer of whole bean and ground coffee, tea and spices. Today it is the largest coffeehouse company in the world, with 20,366 stores in 61 countries. Starbucks went public on June 26, 1992 at a price of $17 per share (or $0.53 per share, adjusted for subsequent stock splits) and closed trading that first day at $21.50 per share. Starbucks Corporation's common stock is listed on NASDAQ, under the trading symbol SBUX. 

The cost of coffee in Hong Kong

Photo: Jonathan Wong

Paying more than HK$30 for a cup of coffee would once have been unthinkable, but many Hongkongers now dip into their pockets on a daily basis to get their caffeine fix.

Monday, 20 August, 2012, 4:21am

Keep it simple - that's the real key to success

Keep your business model simple, and when you find one that works, repeat it. That's the advice James Allen has for evolving Chinese enterprises.

15 Aug 2012 - 11:23pm

Paws for thought

Hey there, Pupketeers! How's the holiday going so far? Have you made it out of bed yet?

I'm always surprised at how much young humans in Hong Kong sleep. Every time I turn around, you have your eyes closed. Now, don't get me wrong, I'm a bit of a sleepmeister myself, but I wonder how good it is for young people to be in hibernation when the sun is high and the sky is blue.

6 Jul 2012 - 12:00am

Growing 'green beans' into leaders

Late one evening at a Starbucks store, a lady traveller was looking for a coffee mug as a souvenir for her daughter - a ritual she followed on every trip. The store manager told her it was out of stock and suggested she come back the next day. The traveller was disappointed - she had an early flight and would not have time to return.

6 Jul 2012 - 12:00am

Lai See

Why do bankers think they know better than 13-year-olds?

7 Jun 2012 - 12:00am

The Power of Habit

The Power of Habit by Charles Duhigg (read by Mike Chamberlain) Random House Audio (audiobook)

3 Jun 2012 - 12:00am


Food & Beverage

KuKu Taiwanese Cafe ......................................... Shop 2, The Annex

Tutti Bar and Restaurant ................................... Shop 1, The Annex

Dragon Palace .............................................................................. 411

2 May 2012 - 12:00am

7-Eleven owners say wage rise has made them losers

Workers at 7-Eleven stores may be guaranteed a minimum hourly wage of HK$28, but some of their bosses say they are earning less than that.

30 Apr 2012 - 12:00am

Consultants bridge gap

With the global economy still sputtering and growth slowing, the mainland has become more important and competitive than ever for multinational companies. It's big business for international firms and the consultants who help them, to the tune of US$15 billion per year.

25 Apr 2012 - 12:00am

Starbucks thinks outside coffee cup

Coffee giant Starbucks aims to widen its range of mainland investments, including an expansion outside of its core business.

Starbucks China and Asia-Pacific president John Culver said the company's plans included introducing a new line of premium single-cup coffee and machines, entering the 'energy drink' category, and developing its fruit juice stores.

2 Apr 2012 - 12:00am

Lights, camera, coffee: Starbucks frames Mong Kok shop in desirable vintage

After opening its first local concept store in Central, coffee chain Starbucks has chosen vibrant Mong Kok for its second such venture - in collaboration with lifestyle brand Goods of Desire, artist Stanley Wong Ping-pui and the Hong Kong Film Archive.

15 Mar 2012 - 12:00am

Cafe chain founder wants Hong Kong to get into the Italian coffee Habitu

Coming from the family that owns Liu Chong Hing Bank is certainly advantageous for an entrepreneur. But Jennifer Liu Wai-fun, founder and chairwoman of the Caffe Habitu chain, deflects the notion that her wealth and connections carry her business, saying she has to fight for customers like every other entrepreneur.

6 Feb 2012 - 12:00am

Best places for studying

1. Winnie Lee's study room

13 Jan 2012 - 12:00am

Unicef charity drive with Starbucks makes it easy to warm body and soul

Model Amanda Strang ignored the chilly winds blowing through the city last Friday to arrive at the opening ceremony of Starbucks' Christmas Red Cup campaign attired in a pink short-sleeved mini, while actor Louis Koo Tin-lok played it safe with a black down vest with long sleeves.

6 Dec 2011 - 12:00am

Pacific Coffee aims to cause a stir

A touch of wine seems to have done wonders for Pacific Coffee, helping it to grow rapidly on the mainland.

1 Dec 2011 - 12:00am