Starbucks says no plan of opening store in Pakistan

KARACHI: Dismissing reports that created an undue frenzy on social media, Starbucks Corporation, an American coffee company and coffeehouse chain, denied that it has any plans of entering Pakistan’s market. The report, which was originally run on a relatively unknown website, was picked up by various blogs and excited coffee-lovers eager to see the Seattle-based chain in the country.



Starbucks, a listed company on the NASDAQ stock market, denied the reports. “We have no plans at this time to open a store in Pakistan,” the company responded to a query from The Express Tribune.

The popular American coffee company and coffeehouse chain entered India in 2012 and has a strong presence in China since 1999.



Starbucks has seen expansion on a large scale in recent years, increasing from around 7,000 stores in 2003 to more than 23,000 in 2015.

Published in The Express Tribune, October 23^rd, 2016.

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