Retail News CRM

Author: Mei Ling Tan

  • High street rents go, well, sky-high

    High street rents go, well, sky-high

    Current retail thinking that the high and the low ends are driving the industry has gotten a boost from CBRE Group.

    High street rents are off the charts worldwide, according to company’s just-released Global Retail Rents report. Rents in prime shopping locations during the second quarter were up 30% in Rome, 24%, 20% in Milan, and 14% in Sydney and New York.

    New York’s Fifth Avenue remained the prime of “The Prime,” with an average per-sq.-ft. rent of $4,000. Next in CBRE’s tally came Hong Kong’s Russell Street at $1,856, London’s New Bond Street at $1,684, and Paris’s Avenue des Champs-Elysees at $1,366.

    Interestingly, rents on Russell Street posted the biggest decline from second quarter 2015, plummeting 33%. The reason, according to CBRE: Fewer tourists from Mainland China and economizing locals.

    “The cooling-off of China’s economy has manifested itself in sharply lower rents in Hong Kong, which has allowed a new crop of retailers to enter the coveted city,” said Anthony Buono, chairman of CBRE’s Global Retail Executive Committee. “At the same time, prime retail rents in New York can remain stable, but in the near term we will see more landlord concessions to accomplish rate stability.”

    Rents on New Bond Street are like to keep rising, Buono added, due to a scant supply of prime retail space in London.

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  • Digital coupons to grow 60% by 2021

    Digital coupons to grow 60% by 2021

    The number of coupons issued via mobile and online channels will grow by more than 60% over the next five years, reaching 362 billion in 2021 Juniper’s latest research shows.

    The study, “Mobile & Online Coupons: Loyalty & Beacon Engagement 2016-2021,” found that highly targeted, personalized offers to consumers are driving the growth in digital coupon volumes.

    According to the research, brands will increasingly deploy bots, artificial intelligence applications which can interact with consumers via social media and messaging applications such as Facebook Messenger.

    The research cited Domino’s Pizza and Iceland Air as companies which have already utilized this strategy. Meanwhile, mass adoption of social media has spawned a number of dedicated coupon aggregators operating within that space, including Coupy in India and PennyCat in North America.

    Meanwhile, large-scale deployments of beacons – Bluetooth devices which can send offers to consumers whilst they shop – have been constrained. The research claimed that the key hurdle was the need for consumers to have opted in to online engagement with a brand or retailer, either through having installed a store’s application on their smartphone, or to be following their account on social media.

    The research, however, argued that with some beacons (such as Google’s Eddystone) allowing a wider range of online engagement channels including web browser interaction, retailers will have a far more encompassing product moving forwards.

    “For retailers one of the major tools is knowing their customers. Tracking user movements in store via beacons allows for targeted marketing and offers, this can also aid in providing invaluable data and statistics to a company, this then later applied to drive sales,” said research author Lauren Foye.

  • Xiaomi launches smartphone with ultrasound sensor

    Xiaomi launches smartphone with ultrasound sensor

    Chinese handset maker Xiaomi has launched a new smartphone that uses technology allowing the vendor to push the screen all the way to the top edge of the device.

    The MIX smartphone uses a technology from Elliptic Labs to replace the standard hardware proximity sensor with ultrasound software.

    The technology, named INNER BEAUTY, uses ultrasound instead of infrared to detect when a device is being held up to a user’s face and disable the screen’s touch functionality. It also allows the speaker to be completely invisible, clearing up the top area of the phone.

    According to Xiaomi, the MIX display uses 91.3% of the surface area of the front of the phone, compared to just 67.7% for the iPhone 7 Plus.

    Besides allowing for a larger screen, Elliptic Labs’ BEAUTY ultrasound proximity software has the potential to address common issues with hardware proximity sensors, such as unreliability in extreme weather conditions or in response to dark hair or skin colors.

    Eliptic Labs said OEMs will also be able to reduce costs by removing the hardware sensor in favor of a more cost-effective software solution.

    “We are thrilled to have our ultrasound proximity software featured in the new smartphone from world leader Xiaomi. Elliptic Labs is the only ultrasound proximity feature vendor designed into a tier-1 mobile handset,” Eliptic Labs CEO Laila Danielsen said.

    “This is a significant validation of our Elliptic Labs’ value proposition and we are confident this will pave the way for additional design wins for our innovative ultrasound proximity product in the coming quarters.”

  • Nepal Telecom receives 4G license

    Nepal Telecom receives 4G license

    Nepal Telecom has finally received a 4G operating license, clearing the company to launch services on January 1.

    Regulator the Nepal Telecommunications Authority has resolved to issue the license based on the detail rollout plan the operator submitted recently.   Nepal Telecom submitted the rollout plan after receiving initial approval for its 4G application earlier this month.

    With the decision, Nepal Telecom has become the market’s first operator to be cleared to launch 4G services. The operator will use the 1800-MHz spectrum it has been using for 2G services.

    Nepal Telecom plans to commence its rollout in the Kathmandu Valley area and Pokhara, before progressively expanding to other parts of the country.

    The operator had initially proposed to launch services on December 15, but the regulator has decided to delay the launch so the operator can smoothly complete the required preparatory works.

    Two other operators had applied for 4G licenses. One of these applications – submitted by Smart Telecom – has been rejected. The government has yet to make a decision on the second application, submitted by Ncell.

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  • Nissan Philippines opens new Sucat dealership

    Nissan Philippines opens new Sucat dealership

    Nissan Philippines Inc. (NPI) continues to expand their dealer network in the country with the opening of their latest showroom in Paranaque. Located along the stretch of Dr. A. Santos Avenue, the new Nissan Sucat dealership features the brand’s new global retail visual identity called Nissan Design Initiative (NREDI) 2.1.

    “This new visual identiy is intended to become more inviting to our customers and at the same time showcase Nissan cars at its most attractive and exciting way. It also gives our dealers a fresh, new look that projects a reinvigorated, stronger Nissan,” said Ramesh Narasimhan, NPI president and managing director.

    According to Nissan, NREDI 2.1 aims to unify different markets / dealerships under one visual identity. Its philosophy centers on enchancng the Nissan customer experience through premium comfort and innovative services.

    nissan

    Managing the new dealership is Tetra sales and Services Inc. (TSSI), who considers the opening of the new dealership a major milestone for Nissan and their company.

    “With the implementation of NREDI 2.1 for the first time under our group, we at TSSI are proud to continue upholiding the driving spirit of innovation and excitement that is inherent in the Nissan DNA. We are also proud to say that, as the largest dealer group, we are committed to help boost a stronger consumer trust and confidence for the Nissan brand,” said Felix Limcaoco III, TSSI president.

    felix-k

    The new showroom, according to the company, is twice the size of a normal dealership with a total area of 781 square meters. It gets a variety of consultation areas along with a spacious lounge with a bar. Also present is an exclusive delivery area where clients can receive their brand-new car for the first time.

    The new Nissan Sucat Dealership is located at 8390 Dr. A Santos Ave., BF Homes, Paranaque City

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  • Duty-free sales climb 36% in Korea so far in 2016

    Duty-free sales climb 36% in Korea so far in 2016

    Duty-free sales from South Korea’s retailers increased 36.4% year-on-year to W8.9trn ($7.9bn) in the first nine months of 2016, according to local media reports. This is compared with W6.55trn a year ago.

    Sales growth in particular is driven by the rise in foreign tourists, with Chinese travellers comprising nearly 43% of all travellers. Chinese spend per passengers reached a total of $350, while Koreans spent $106, according to The Korea Times.

    According to the publication, despite the increase in sales many retailers in the country are facing deficits, with the exception of Lotte Duty Free and The Shilla Duty Free, which reportedly saw profits totalling W232bn and W38bn in the first half the year, respectively.

    Galleria Duty Free Shop of Hanwha was reported to have suffered a W17bn loss, while Doosan’s Doota Duty Free saw a W16bn loss for the same period.

    Despite this, there is still room for optimism, with potential for annual duty-free sales to top W10trn by the end of the year. Retail real-estate developments such as Hanwha Galleria’s launch of the Galleria Duty Free 63 store in July, and buoyant figures reported by retailers like Shinsegae, add to the country’s potential for a possible positive rebound.

    Photo of KTO

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  • Fashion retailer French Connection’s shares jump on takeover hopes

    Fashion retailer French Connection’s shares jump on takeover hopes

    Shares in UK-based fashion retailer French Connection Group Plc rose more than 20 percent on Monday after a media report said overseas investors were looking to buy the lossmaking firm.

    The Telegraph newspaper had said on Saturday that interested buyers were thought to be a mix of European and U.S. private equity firms, as well as investment manager Neuberger Berman, and that French Connection had approached investment bank Moelis & Co (MC.N) for advice.

    French Connection and Moelis declined to comment. Neuberger Berman did not immediately respond to a request for comment.

    French Connection has struggled to compete in recent years against fast-fashion rivals such as ASOS, Forever 21 and Inditex’s Zara and has failed to report a pretax profit since the year ended Jan. 31, 2012 with critics saying it should ditch its 25-year-old FCUK logo.

    Private equity firms could be a natural fit for French Connection as they could push through operational changes to extract profit, and revive the company’s brand appeal, said Neil Saunders from retail consultant Conlumino.

    The retailer has been the source of takeover speculation in the past, and some industry experts said there was now more pressure on the company following years of underperformance and little sign of underlying issues being addressed, despite turnaround measures including store closures and the hiring of new management and design teams.

    Activist investment firm Gatemore Capital Management (GCM), which has an 8 percent stake in French Connection, would be supportive of running an open sales process, Liad Meidar, managing partner at GCM said in an emailed statement.

    GCM said it would be interested in a potential buyer looking to focus on increase the rate of store closures and improve gross margins in French Connection’s retail and wholesale business.

    French Connection needed to focus on fashion for 25- to 35- year-olds, said Gatemore, which last month urged the retailer to speed up its store closure program after its first-half results showed another loss.

    As of Friday’s close of 32.75 pence – a fraction of highs of more than 500p set in 2004 – French Connection had a stock market value of 31.5 million pounds.

    Any buyer will have to gain the backing of founder and executive chairman Stephen Marks, who still holds a 41.65 percent stake in the company as of March 15, according to Thomson Reuters data.

    British companies have become cheaper for overseas buyers in recent months as Britain’s vote to leave the European Union has driven the pound GBP= to its lowest in about three decades.

    French Connection shares were up 10 percent at 36p by 0721 ET on Monday.

  • Aruba rethinks network procurement with NaaS

    Aruba rethinks network procurement with NaaS

    At the Aruba APAC Atmosphere 2016 conference held late last month in Singapore, Aruba Networks President Dominic Orr announced the launch of network-as-a-service, which supports the delivery of the company’s new Mobile First Platform.

    Core applications for Gen-Mobile era

    The core applications on Aruba Networks’ new Mobile First Platform are supported by its existing network infrastructure, including Wi-Fi, Bluetooth low energy (BLE), wired and WAN. The platform comprises network controls, network management, policy management, cloud networking, network analytics and location services. These applications supports the delivery of third-party IT services and business applications that form a mobile apps ecosystem.

    Examples of the IT services that are available on Aruba’s Mobile First Platform include Citrix, MobileIron (MDM and enterprise mobility services), splunk (operational intelligence), ArcSight (an HP company that provides cyber security), Okta (identity management and single sign-on), Check Point, Intel Security, Juniper, and Palo Alto Networks.

    As for business applications, the Platform also supports Skype for Business, AT&T, Aislelabs (enterprise mobile wallet marketing platform), kasada (cryptographic data firewall and our password-less authentication), RetailNext (in-store analytics), Envoy (visitor registration) and eventboard (visitor and room management).

    “The Gen-mobile has given rise to rapid IT forces like the internet of things (IoT) and mobility. This is not just about the use of next-generation devices, like the Wi-Fi-connected TV boxes like the Apple TV, but the applications on top,” said Anthony Wai, sales engineering director of Asia Pacific, Aruba Networks (a HPE company), in an exclusive interview.

    In a typical workplace environment, an organization needs to refresh the network infrastructure once every three to seven years. For example, they would need new routers and new switches to conform to new standards of the wireless network. In the past, when IT procurement was largely driven by IT, addressing user experience tended to be an afterthought. The situation today is reversed, however. “Many of the IT procurement decisions today are now user-driven. For example, the line of businesses (LoB) would first provide to their banking customers a banking application. They would then instruct IT to handle the infrastructure matters,” Wai said.

    Utility-like network procurement models

    To catch up with the fast pace of new mobile apps development and delivery, and the increasingly shortened cycle of network infrastructure upgrades, IT and the other LoBs would benefit from a flexible network services procurement model, such as network-as-a-service (NaaS), said Wai.

    “NaaS enables the subscription of network infrastructure services using an opex model instead of a capex model. By subscribing instead of acquiring these network services, customers can benefit from the latest technologies, and need not budget a sum of capex to invest in the next round of network technology upgrades,” Wai said.

  • Orange Business launches IoT and analytics suite globally

    Orange Business launches IoT and analytics suite globally

    Orange Business Services has announced the worldwide launch of Datavenue, its IoT and data analytics modular suite.

    Datavenue will help multinational and large national corporations seize the endless opportunities offered by the IoT revolution, the operator said.

    Already 56% of decision makers consider IoT as strategic. Use cases include improving safety and user experience within smart cities by connecting street lights or parking meters, as well as improving quality of life by connecting medical devices to monitor a person’s health remotely.

    Datavenue is supported by Orange Business Services’ 700 IoT and analytics experts worldwide, as well as data scientists, developers, consultants, statisticians and IoT security experts.

    Datavenue includes four modules:

    1. Select relevant objects and sources of data. Orange offers a range of certified and tested connected objects, such as sensors, cameras or modules to connect existing assets. Datavenue has a catalog of data that includes population movement analytics using anonymized data from mobile networks.
    2. Connect objects reliably with the most suitable and secured networks. A truck travelling cross borders or an agricultural sensor in a field would require different networks. To address the wide diversity of needs, Orange provides a range of connectivity options. These include future-proof global cellular networks and innovative capabilities, such as eUiCC, worldwide fixed and satellite networks, as well as low-power solutions, such as LoRa.
    3. Manage data to improve efficiencies and create enhanced services. For example, a construction company can monitor cranes worldwide to prevent problems and reduce maintenance costs. Managing data in real-time enables technicians to solve issues remotely or to arrive on site with the right material, reducing service interruptions. Orange offers both cloud-based and on-premises software solutions, encompassing remote device management, processing and visualization.
    4. Control key elements of enterprise transformation projects. Orange experts aim to provide end-to-end security and data protection, integration with information systems and service scalability. Throughout the entire project and beyond, customers can rely on Orange to ensure the solutions are future-proof and adapted to market evolutions.

    “We have developed extensive vertical expertise around IoT and data analytics in several sectors, including automotive, industry, smart cities, healthcare and smart homes,” Orange Business Services VP of IoT and analytics Olivier Ondet said.

    “Our solutions have already improved performance and employee safety through industrial machinery monitoring, enhanced patient care with remote assistance, and enriched citizen well-being with smart city services. This is now all being brought together to support the international launch of Orange Datavenue.”

    Datavenue was first launched in France in 2015. Orange today operates more than 10 million active B2B objects and processes 65 million items of technical data per minute – all fully compliant with data protection regulations.

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  • ZALORA Brings See Now, Buy Now Model to Singapore Fashion Week

    ZALORA Brings See Now, Buy Now Model to Singapore Fashion Week

    ZALORA, Asia’s online fashion destination, today announced its partnership with Singapore Fashion Week as the Official E-Tail Partner. This is the second time the online fashion brand is taking part in one of the region’s biggest fashion events of the year. ZALORA will be presenting three Singapore designers and labels namely, Stolen, Aijek, and Max Tan in the Fashion Futures Showcase. Fashion fans in Singapore can purchase the collections on ZALORA from today onwards.

    As the Official E-Tail Partner, ZALORA will be hosting a shoppable Singapore Fashion Week microsite on ZALORA.com that will feature curated collections from Fashion Futures Showcase and Singapore Fashion Week Access, a dedicated show segment for Singapore designers. As part of ZALORA’s commitment to stay up-to-date with the latest trends within the industry, ZALORA is embracing the ‘see now, buy now’ model enabling fashion show goers to purchase their favourite looks immediately.

    Shop Max Tan Spring/Summer 2017, Stolen Spring/Summer 2017, and Aijek Fall/Winter 2016 collections at www.zalora.sg/fashion-week-singapore and on the ZALORA mobile app.

    “ZALORA is proud to be supporting local designer talent in one of the most anticipated fashion events of the year,” said Parker Gundersen, Chief Executive Officer of ZALORA Group. “We’re very passionate about supporting the local fashion industry across all of our markets in Asia, and Singapore Fashion Week provides a great opportunity for us to give the region’s top designers exposure to millions of new consumers on our online platform. It’s also an exciting way for our customers to discover new fashion and to buy product straight from the runway.”

    “Singapore Fashion Week is delighted to be working with ZALORA again this year, as we recognise the growing impact and importance of digital and social media, and connecting designers and labels

    with customers via e-commerce. With the growing trend of ‘See Now, Buy Now’ as well, I believe that online retailers like ZALORA will play an ever-growing role in partnerships with fashion weeks around the world,” commented Tjin Lee, Founder and Chairman of Singapore Fashion Week.

    ZALORA also strongly believes in making fashion more inclusive and accessible. To further engage fashion consumers, the Fashion Futures Showcase will be live-streamed on ZALORA where viewers at home can watch the shows and access exclusive content. Catch all the exciting happenings at Singapore Fashion Week Fashion Futures Showcase on social media at #ZALORAxSGFW.

  • New York-based LAGUARDA.LOW ARCHITECTS has announced the completion of KK One

    New York-based LAGUARDA.LOW ARCHITECTS has announced the completion of KK One

    New York-based LAGUARDA.LOW ARCHITECTS has announced the completion of KK One, a new 1.1 million square-foot retail complex in Shenzhen. Set at the base of an expansive mixed-use complex encompassing three residential towers, four office towers, and one hotel tower, KK One connects two adjacent land parcels to create a premiere shopping facility in the city’s Futian District.

    The exterior swooping facade, composed of aluminum panels in three tones of gray, was designed to create a sense of movement around the dense blocks of high-rise towers. The aluminum skin gives unity to the site’s eight towers and peels back at several points to reveal a minimal glass and steel structure. To give the development a distinctive presence at night, rows of inset, vertical bands of LED lights illuminate the facade.

    The interior of the five-story mall is luminous with gently curving forms and a palette of white surfaces and clear glass throughout. Natural light permeates through the clerestory at the top level and four sky-lit atrium spaces. To soften direct light from above, LAGUARDA.LOW designed custom ceiling grids for the two main atrium spaces that filter daylight through five levels and create a dynamic pattern of light and shadow throughout the day. 

    “With five levels of shopping, food and entertainment and direct access to the subway, KK One was designed to be the center of commerce for this growing urban district,” states John Low, Principal of LAGUARDA.LOW.  He continues: “The fluid exterior façade and bright interior spaces create an inspiring destination for shoppers and a tranquil point of refuge from the fast pace of the city.” 

    The opening of KK One marks LAGUARDA.LOW’s second completed project for KingKey Real Estate Group, following the 2010 completion of KKMall in Shenzhen. The completion of KK One follows LAGUARDA.LOW’s recent announcement for the design of OCT Longhua – an expansive new 3.7 million square-foot mixed-use development in Longhua New District of Shenzhen.

  • DHL encourages employees to help local communities

    DHL encourages employees to help local communities

    Deutsche Post DHL calls upon its 500,000 employees to participate in Global Volunteer Day (GVD) for the sixth year in a row. During this year’s official GVD period, employees from all business units will again team up with independent organizations and charities to help in numerous non-profit projects to benefit the local communities in which they live.

    As Christof Ehrhart, Executive Vice President of Corporate Communications and Responsibility at Deutsche Post DHL Group, explains, the Global Volunteer Day 2016 motto – “Working Together for a Better World” – stresses the importance the company places on collaboration: “Employee volunteerism lies at the core of our efforts to connect people and improve their lives. Our GVD activities highlight the fact that when our employees join forces, not only do they donate their energy and skills to help their local communities, but they also grow together as a team. They achieve common goals, they enjoy and are proud of what they do, and they incorporate the GVD spirit into their daily work.”

    In addition to a wide range of specially planned activities for the core GVD period, many employees remain active year-round, cementing lasting ties with the charitable organizations with which they work. Entirely separate from GVD, more than 13,000 Deutsche Post DHL Group employees in Germany have volunteered to participate in initiatives to help refugees. The Group thus operates a dedicated fund to which employees can apply for financial support on behalf of the projects they themselves commit to all year round.

    The vast majority of GVD projects at Deutsche Post DHL Group focus on one or other of the company’s long-standing GoTeach, GoHelp and GoGreen initiatives. Many activities take place in kindergartens and schools, while others take the form of job application workshops.

    However, others see employees volunteer to help people in need, becoming involved in restructuring efforts to rebuild homes in the wake of natural disasters or by organizing donation drives. And as environmental protection remains a major concern for many employees, some choose to plant trees, clean waste from beaches and parks, and support the upcycling trend by turning old, discarded materials into something useful and new.

    Deutsche Post DHL Group launched Global Volunteer Day in 2008. By 2015, over 110,000 employees were involved in providing support to non-profit projects in their local communities as part of the GVD program, contributing more than 260,000 volunteer hours in more than 2,000 individual projects in 114 countries around the world. As an integral component of our Corporate Citizenship activities, Global Volunteer Day supports our sustainability strategy to serve the company’s economic interests and those of our stakeholders’ while balancing these with social and environmental needs.

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  • Currency hurt Walgreens Boots Alliance sales

    Currency hurt Walgreens Boots Alliance sales

    Walgreens Boots Alliance sales figures have been an early victim of the strengthening dollar, especially against sterling in which the majority of which Boots’ sales are denominated.

    This dynamic has turned a 1.4 per cent international sales gain in local currency terms into a decrease of 10.9 per cent in the final accounts. In turn, this has diminished overall turnover growth to a paltry 0.4 per cent – markedly down on the 35 per cent uplifts posted a year ago when not yet annualised Alliance Boots’ sales were providing a healthy boost to the figures.

    Fortunately, thanks to some one-off expenses and losses on equity interest last year – neither of which reoccurred this year – the bottom line outcome is strong, with net income rising by well over 3130 per cent. Given that Walgreens is still in the process of driving synergy savings from the Boots Alliance merger it will generate further profit uplifts well into the next fiscal, even against a more challenging growth backdrop.

    It is inevitable, however, that the returns from cost savings and the streamlining of the business will diminish over time. And given that the prospects for a recovery in sterling look slim, the company will need to look to its domestic operation to drive future growth.

    On this front there are two pieces of somewhat disappointing news from today’s results.

    The first is the merger with Rite Aid which was scheduled to close in the second half of this year has now been extended into the next fiscal. There is no real mystery about this – it comes down to the glacial pace at which the Federal Trade Commission, which is examining the deal, moves. However, the extension means Walgreens will not be able to rely on Rite Aid to boost its numbers in the next quarter. Longer term, the deal will be value accretive, mostly thanks to the forecast $1 billion in synergy savings and to the productivity improvements Walgreens can bring to Rite Aid’s rather lacklustre stores.

    The second concern comes from Walgreens’ front of store sales numbers in the US, which fell by 0.3 per cent on a comparable basis and by 0.5 per cent in total. Such an outcome is discouraging given that these had been on an upward trajectory thanks to the improvements the company has been making in its beauty offer. Given that Walgreens has also marketed its general merchandise offer more heavily this year, it is disappointing not to see gains in customer traffic. That said, the numbers are up against some tough comparatives from last year and with the new beauty offer continuing to attract interest from consumers, these metrics will strengthen over the holiday quarter.

    The new fiscal year presents Walgreens Boots Alliance with more opportunities than it does challenges. As such, after a softer start expect to see strong growth in both sales and profits across the year as a whole.

     

    -Neil Saunders

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  • Laziz Pizza to fast-track growth with 100 new stores

    Laziz Pizza to fast-track growth with 100 new stores

    Overwhelmed by response to its first 50 stores across India, local brand Laziz Pizza plans to double its outlets in the short term.

    Owned by Laziz Food and Beverages, the chain is primarily targeting tier-one, -two and -three cities.

    Founder/CEO Keirron Patil says the company started franchising in 2013, and as well as India now has its expansion sights set on Malaysia (it already has one store in Johor Bahru), Singapore, Sri Lanka, Bangladesh and Nepal.

    Laziz allows its franchisees to team its outlets with other brands so they can offer customers multiple products under one roof, including a vegetarian outlet. An unusual aspect of the Laziz business is that franchisees are not charged a royalty fee nor have to share profits with the franchisor.

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  • Starbucks Reserve Roastery Japan for Tokyo

    Starbucks Reserve Roastery Japan for Tokyo

    A Starbucks Reserve Roastery Japan will open in Tokyo’s Nakameguro district in 2018.

    Starbucks Coffee Company says the 1200 sqm space will be in an upscale neighborhood known for its boutiques and art galleries. It will offer customers an immersive coffee environment unlike any other in the market.

    Starbucks Roastery Lower Bar

    Customers will be able to watch green coffee beans arrive, connect with coffee specialists and master roasters and choose from a curated range of handcrafted beverages.

    Starbucks Roastery Scoop Bar

    Artisan food and breads baked on site by Italian food purveyor Princi will also feature at the roastery.

    Starbucks Roastery Copper R

    Architect and Tokyo Olympics 2020 designer Kengo Kuma is leading the design of the roastery, which will blend art and nature with a Japanese design sense to pay tribute to coffee artistry and craft. His design for the Starbucks store in Fukuoka has won awards.

    Starbucks Roastery Upper Bar1

    Starbucks Roastery Upper Bar

    Japan is one of the largest markets in Asia Pacific for Starbucks and is regarded as a key driver of the company’s global growth.

    Starbucks Roastery

     

    Starbucks Roastery had its debut in Seattle in 2014, the most successful store opening in the company’s history. The company has announced new Roastery locations for Shanghai next year and New York in 2018.