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Retail MGMT
Retail MGMT
: 14
• Soumyaa Hemant Khedkar (MM212334)
• Vandana Kumari (MM2123396 )
• Aditya Singh (MM212
Retail Strategy
Overview :
• Starbuck's an American MNC is world's
largest coffeehouse chain.
• Headquarter in Seattle , Washington.
• As of Nov 2021 company had 33,833
stores in 80 countries.
• 15,444 located in US.
• In US 8,900 stores
operated by Starbucks while others are
licensed.
• The rise of second wave of coffee
culture is attributed to Starbucks.
• Introduced a wider variety of coffee
experience.
Overview :
• Some offerings are seasonal or specific to the locality store.
• Some stores also carries mugs,tumblers,scoops and coffee presses.
• Some“Starbucks Evening” location offers beer,wine and appetisers.
• Starbucks brand’s coffee, ice-cream,bottled cold coffee and drinks
are sold at grocery stores in US and other countries.
• In 2010 Starbucks’s reserve program for single origin coffee and
high end coffee shops.
• By 2017 it planned to open 1,000 reserve coffee shops.
• It operates 6 roasteries with tasting rooms and 43 coffee bars.
• Largest roastery is opened in Chicago.
• Company has faced several controversies related to its business
practices.
• Conversely, its franchise has brand loyalty,market share and
company value.
Product Line :
Handcrafted
Espresso
Product Line :
Frappuccino
Product Line :
Food
Product Line :
Teavana
Question 1- Explain
the target clientele
of Starbucks.
• High Income, High Spenders
• Urban-ish, On-the-Go
• Technology Early Adopters
• Healthy-ish Professionals
• Socially Conscious
Customers
• Flexible to Change
• Reaching Beyond the
Storefront
• Coffee addict Youngsters.
Question 2: Starbucks cater to niche audience in India. Comment.