undergroundnewsroom.com
undergroundnewsroom.com December 18, 2017


Starbucks Partners with Alibaba in Opening AR Roastery

06 December 2017, 01:01 | Damon Campbell

Starbucks' new megastore in Shanghai is so big, it needs a 'tour guide'

Starbucks Is Opening Its Largest Starbucks Ever – And You Have to See Inside

The 30,000 square-foot Starbucks Reserve Roastery is Starbucks' second Reserve Roastery after its flagship Reserve Roastery and Tasting Room that opened in the company's home market of Seattle in 2014.

According to a press release from the company, the new roastery will be "the first fully immersive coffee experience in Asia" combining coffee roasting, packaging and brewing with augmented reality.

Starbucks is opening one store in China every 15 hours, the company's China CEO Belinda Wong told "Squawk Box". When customers enter the massive new Roastery building, which measures up at 2,700 square-meters (30,000 square-feet), they'll be greeted by a two-story copper cask adorned with over a thousand hand-engraved Chinese stamps, collectively narrating the story of Starbucks coffee. "We can build new stores in China for decades and still have [an] opportunity for growth there".

"With the rising middle class and the opportunity in China, the market is going to be much larger here", he said, adding Starbucks was looking to hit 10,000 outlets in China within a decade, catching up with the USA in terms of stores.

Four more reserve roasteries are expected to open by 2020, in Milan, New York, Chicago and Tokyo.

Rise in Q2 GDP signals economic recovery: India Inc
Government spending slowed in the quarter, growing 4.1 per cent, as against 17.1 per cent in the June quarter. Consumption demand is one, although quarterly numbers aren't an entirely reliable indicator.

Embattled Michigan Rep. John Conyers announces retirement
Conyers has denied all the allegations, and on Tuesday, wrote the accusations off as "politics". A few days later, she finally stated she believed Conyers should resign.

Super Frost Moon Lights Up the Sky This Weekend
Most astronomers suggest watching the supermoon right after sunset and into moonrise, and minutes before the next sunrise as well. A full moon at perigee will look up to 14 percent bigger and 30 percent brighter than a full moon at apogee.

DIGITAL: The Shanghai Roastery is the first Starbucks location to seamlessly integrate a real-time, in-store and online customer experience. (SBUX) said it will open its biggest location ever on Wednesday in the Chinese city of Shanghai.

The Roastery will also feature China's first Starbucks Teavana Bar, where customers can select a Teavana signature pure tea or blend, served either hot or iced. The company announced plans in July to buy out its partners in its Each China joint venture, for US$1.3 billion.

Same-store sales at United States cafes were up 2% for the quarter ended 1 October, while sales in China were up 8%.

He also said that China was becoming the most important market for Starbucks. That's up from 5.5 percent five years earlier.



Other News

Trending Now

Rickie Fowler shoots final-round 61 to win 2017 Hero World Challenge
The 54-year-old American last won the Texas Open in May 2016 and was in the mix at the Masters and the US Open this year. At nine-under 207, Justin Rose (71) and Jordan Spieth (72) were tied second, while Francesco Molinari (71) was fourth.

Pilots say they will staff all scheduled American Airlines flights for Christmas
But despite American's statement , the APA continues to dispute the airline's numbers. It's another example of why we are thankful to have such an incredible team.

There's "No Chance" LiAngelo Ball Gets Drafted In June — NBA GMs
The ones who got it right, they're rolling with the Big Baller Brand. "I ain't got no fallback plan". LaVar Ball , LiAngelo's father, told ESPN that it was his decision to pull his son out of UCLA.

Paul Williams: "Conor McGregor is in a very, very unsafe place"
The Daily Mail reported that police are "aware" of an incident that was said to have taken place in Crumlin. White and the UFC are understandably keen to get McGregor's signature on a new fighting contract soon.

Sensory friendly time with Santa
So we're excited to start here and make it bigger and better next year. "And without this event, my son would never get to speak to Santa like other children" says Wardlow.

Kansas City Chiefs 7, Je
The improvement may stem from Chiefs coach Andy Reid ceding his play-calling responsibilities to offensive coordinator Matt Nagy. It's halftime of the KC Chiefs' Sunday afternoon showdown against the New York Jets, and they trail 21-17 at MetLife Stadium.

IOS 11.2 with Apple Pay Cash released: Everything you want to know
So how does Apple Pay Cash work? Several iPhone users attempted to use Apple Pay Cash , but could not get it to run. It's presently rolling out in phases to users of the latest iOS beta, so you may not immediately be able to try it.

Yankees reportedly tap Boone as new manager
He's actually as familiar with the media as you can be, having most recently worked as an analyst for ESPN . Aside from winning, that's the most important quality to have as a Yankee.

Chabahar Port Opens, Connects India to Afghanistan via Iran
The two ministers are understood to have reviewed the implementation of the Chabahar port project in which India is a key partner. Transport Minister Abbas Akhoundi said Chabahar on the Gulf of Oman will "soon become an important commercial hub for Iran".

Yemen ex-president killed as fighting shakes capital
He ruled Yemen for more than three decades and played a pivotal role in the country's ongoing civil war. Saudi-led aircraft continued to fly overhead.