Friday, June 22, 2007
Starbucks by winter most likely!
Good news for coffee buffs. US coffee chain Starbucks’ hopes to open its first store by October this year. The first store is set to be in Gurgaon and a second store will be coming up in Saket in Delhi. Starbucks has set up a team in Gurgaon for research and development, operations and marketing for operations in India. The venture in India will be headed by Anoop Sequiera, the former CEO of Global Franchise Architects, with the licensee being New Horizons, a 51:49 JV between Starbucks’ Indonesian franchisee V.P. Sharma and Kishore Biyani, CEO of Future Group.