42-724: The Holland – Bukit Panjang Group Representation Constituency was a Group Representation Constituency (GRC) in Singapore which only appeared in the 2001 elections. Prior to that, parts of the Cashew and Zhenghua were originally Bukit Panjang division of the Sembawang GRC and several parts of Bukit Timah (Eng Neo) were originally Tanglin division of the Kreta Ayer–Tanglin GRC. Buona Vista came from Tanjong Pagar GRC and Ulu Pandan came from Bukit Timah GRC. Every division
84-772: A change in compact direction, Starbucks management transitioned from a singular brand worldwide to focusing on locally relevant design for each store. In May 2014, Starbucks announced ongoing losses in the Australian market, which resulted in all remaining stores being sold to the Withers Group. In July 2017, Starbucks acquired the remaining 50% stake in its Chinese venture from long-term joint venture partners Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC) for US$ 1.3 billion. On March 21, 2018, Starbucks announced that it
126-659: A half-day behind a store counter each month, and he trained as a barista to immerse himself in the brand and stay close to customers. In June 2023, Starbucks was ordered to pay $ 25 million in punitive damages and $ 600,000 compensatory damages to a former regional manager. The court found that Starbucks fired her in 2018 because she was white. In October 2023, the operator of all of the Starbucks locations in Brazil, SouthRock Capital, declared itself bankrupt. SouthRock will continue to operate Starbucks locations normally while closing
168-538: A local coffee bean retailer for the first ten years in Seattle. It was founded by business partners Jerry Baldwin , Zev Siegl and Gordon Bowker who first met as students at the University of San Francisco : The trio were inspired to sell high-quality coffee beans and equipment by coffee roasting entrepreneur Alfred Peet . Bowker recalls that a business partner of his, Terry Heckler, thought words beginning with
210-525: A market and a food court are also present with food stalls selling local and western dishes. Other eating places include Starbucks and several dessert, Western cuisine and Japanese cuisine outlets. The gentrification of the Holland V area is characterised by the more up-market dining options such as the ethnic restaurants as well as franchises such as Tapas Bar. Other prominent bars include Tango's, Baden, Harry's Bar and Wala Wala. Holland Village has
252-470: A reputation as an expatriate neighbourhood but nevertheless attracts a majority of locals to its pubs and restaurants. The Village has been a cradle for a number of lifestyle trends in Singapore. In the 1980s, Palm's Wine Bar along Lorong Mambong started the trend for wine bars. During that period, other cafes like Batter Batter (famous for its butterscotch and other pancakes) and Milano Pizza (which became
294-696: A reputation for being an enclave of Western expatriates , although many Singaporeans and other Asians reside there too. Holland Close is a large HDB estate located at the southern part of Chip Bee Gardens. Shuang Long Shan, also known as the Holland Close Cemetery, is a cemetery for the Hakka community since the 1960s. Many food chains in Singapore, such as Crystal Jade , The Coffee Bean & Tea Leaf , Sushi Tei, Subway , and Häagen-Dazs , are in Holland Village. A 24-hour kopitiam ,
336-794: A successful chain in the 80s) also sprang up in Holland V. In the 90s, the restaurant Original Sin started a wave of upscale vegetarian dining when its Australian-Italian owner introduced Singapore to her first Mediterranean vegetarian dining experience in Chip Bee Gardens. Original Sin's menu was created by co-owner and culinary director, Marisa Bertocchi. From Adelaide in Australia, Marisa worked in many of that city's restaurants and hotels before heading to Singapore where she quickly earned praise for her vegetarian creations at Michelangelo's. Coffee Club, Singapore's first gourmet coffee shop, opened its first outlet in Holland Village in 1991. This
378-556: A variety of commercial amenities. There are three shopping centres in Holland Village: Raffles Holland V, Holland Road Shopping Centre and Holland V Shopping Mall. Retail establishments are located along four streets and two shopping buildings. These streets are Jalan Merah Saga and Holland Avenue on the same side, and Lorong Liput and Lorong Mambong on the opposite side. The shopping buildings are Holland Road Shopping Centre and Raffles Holland V Mall which
420-435: Is a popular shopping and dining destination for younger Singaporeans and expatriates . It is dominated by and often visited solely for its eateries and watering holes, along with some specialist shops. The area is served by its own MRT station , which opened in 2011. Holland Village was named after Holland Road , which in turn is said to have been named after Hugh Holland in 1907; Holland, an architect and amateur actor,
462-523: Is along Holland Avenue, and Holland Piazza along Lorong Liput which that mall opened in January 2019 as the newest shopping mall there as well as One Holland Village Mall in December 2023. These buildings along Holland Avenue are often casually referred to by sales assistants as Holland Village Shopping Centre, which in name is a non-existent landmark. Within Singapore's transport system , Holland Village
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#1732798270021504-496: Is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle , Washington. It was founded in 1971 by Jerry Baldwin , Zev Siegl , and Gordon Bowker at Seattle's Pike Place Market initially as a coffee bean wholesaler. Starbucks was converted into a coffee shop serving espresso -based drinks under the ownership of Howard Schultz , who was chief executive officer from 1986 to 2000 and led
546-698: Is linked to Orchard Road via Holland Road . Holland Village MRT station is located on the Circle MRT line . Holland Village is within the Buona Vista division of Tanjong Pagar Group Representation Constituency (GRC) with its Member of Parliament being Minister of Trade & Industry Chan Chun Sing since 2011. The constituency was previously a SMC until it has been absorbed into Tanjong Pagar GRC in 1997, and then carved out to Holland-Bukit Panjang GRC from 2001 to 2006 and Holland-Bukit Timah GRC from 2006 to 2011 before returning to Tanjong Pagar in
588-477: The Seattle Post-Intelligencer , the wholesale business was more significant. From 2005 to 2007, Howard Behar was president of Starbucks North America. In September 2006, rival Diedrich Coffee announced that it would sell most of its company-owned retail stores to Starbucks, including most locations of Oregon-based Coffee People, escalating regional coffee wars . Starbucks converted
630-655: The COVID-19 pandemic , Starbucks closed all the café-only stores in the United States for two weeks. During that time, only drive-thru and delivery-only services were to function. According to the company representatives, all workers were to be paid for the next 30 days whether they went to work or stayed home. COVID-19 lockdowns caused Starbucks to suffer a general 10% sales decrease, and a 50% decrease in China where quarantine measures were especially strict. In May 2020,
672-487: The Forbes Global 2000 , as of 2022. The rise of the second wave of coffee culture is generally attributed to Starbucks, which introduced a wider variety of coffee experiences. Starbucks serves hot and cold drinks, whole-bean coffee, micro-ground instant coffee , espresso , caffe latte , full and loose-leaf teas , juices, Frappuccino beverages, pastries , and snacks. Some offerings are seasonal or specific to
714-555: The Microsoft's Azure -based blockchain service. Two men were arrested in a Philadelphia Starbucks location after a manager claimed the two were trespassing on April 12, 2018. The arrests led to protests due to their apparently racially-motivated nature. CEO Kevin Johnson later apologized for the incident, and the company declined to press charges. During the company's second quarter earnings call on April 26, Johnson indicated that
756-491: The Pacific Northwest and Midwest , and the company was roasting more than 2,000,000 pounds (907,185 kg) of coffee annually. In June 1992, at the time of its initial public offering , Starbucks had 140 outlets, with revenue of US$ 73.5 million, up from US$ 1.3 million in 1987. The company's market value was US$ 271 million by this time. The 12% portion of the company that was sold raised around US$ 25 million for
798-714: The San Francisco Bay Area , under the Circadia restaurant brand. At the same time, Starbucks converted its Seattle Circadia restaurant into a Café Starbucks. In 1999, Starbucks acquired Pasqua Coffee—a San Francisco -based retail coffee chain that had almost 60 locations in San Francisco, Los Angeles, and New York City. In April 2003, Starbucks acquired Seattle's Best Coffee and Torrefazione Italia from AFC Enterprises for US$ 72 million. The deal only gained 150 stores for Starbucks, but according to
840-515: The "Tweet-a-Coffee" promotion in October 2013. On this occasion, the promotion also involved Twitter and customers were able to purchase a US$ 5 gift card for a friend by entering both "@tweetacoffee" and the friend's handle in a tweet . Research firm Keyhole monitored the progress of the campaign; a December 2013 media article reported that 27,000 people had participated and US$ 180,000 of purchases had been made to date. In January 2014, as part of
882-482: The 2011 elections. In 2003, the neighbourhood of Holland Village was featured and filmed in a TV series by Mediacorp . The series titled Holland V was broadcast on Mediacorp Channel 8 and it broke records for garnering the most acting nominations awarded to a cast in a single year, and for becoming the first show to win all four acting categories at the Star Awards. Starbucks Starbucks Corporation
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#1732798270021924-497: The Diedrich Coffee and Coffee People locations to Starbucks. The Coffee People locations at Portland International Airport were excluded from the sale. In early 2008, Starbucks started a community website, My Starbucks Idea, designed to collect suggestions and feedback from customers. Other users could comment and vote on suggestions. Journalist Jack Schofield noted that "My Starbucks seems to be all sweetness and light at
966-455: The Holland Village area. Holland Village is a crescent-shaped area of shophouses and small malls set around Lorong Liput and Lorong Mambong, surrounded by Holland Road and Holland Avenue. On the other side of Holland Avenue is a neighbourhood that was formerly developed as British military housing in the 1950s, but is now owned by the Singapore government and rented to private individuals and, on Jalan Merah Saga, businesses. Chip Bee Gardens has
1008-515: The Starbucks mobile app for prepayment by the customer before arrival to pick up the order. The layout of some stores will also be modified with a separate counter for picking up mobile orders. In December 2020, Starbucks announced that it is planning to increase its store count to about 55,000 by 2030, up from roughly 33,000. Bloomberg reported in July 2022 that the company was, through investment bank Houlihan Lokey , exploring selling its stores in
1050-729: The United Kingdom. In August 2022, after months of suspension due to the Russian invasion of Ukraine , Starbucks sold all its stores in Russia to the Russian rapper Timati . The stores were rebranded as " Stars Coffee ", and are very similar to the former stores. Starbucks said it had no comment on the new owner. On October 1, 2022, Howard Schultz stepped down as CEO, with Laxman Narasimhan becoming Starbucks's next CEO. On March 23, 2023, Narasimhan told employees that he would work
1092-542: The aggressive expansion of the franchise across the West Coast of the United States . As of November 2022, the company had 35,711 stores in 80 countries, 15,873 of which were located in the United States. Of Starbucks' U.S.-based stores, over 8,900 are company-operated, while the remainder are licensed. It is currently the world's largest coffeehouse chain . The company is ranked 120th on the Fortune 500 and 303rd on
1134-640: The closing of 150 locations in 2019; three times the number the corporation typically closes in a single year. The closings were to happen in urban areas that already have dense clusters of stores. In July 2019, Starbucks announced that it would no longer be selling newspapers in its cafés. It was also announced that kiosks for grab-and-go snacks and bags of whole-bean coffee would be removed from stores beginning in September 2019. In November 2019, Starbucks opened its largest store ever on Michigan Avenue , Chicago, with 200 employees. On March 20, 2020, due to
1176-598: The company asked for reduced rent from landlords due to the decrease in sales. In June 2020, during the COVID-19 pandemic in the United States , the company announced that it would close 400 of its locations in the US/Canada region over the subsequent 18 months as it moves from the coffee house concept to what it calls "convenience-led" formats with drive-through and curbside pickup . Starbucks announced that it planned to open 300 stores that will primarily focus on carryout and pickup orders. The new stores will work with
1218-542: The company had not seen a drop in sales as a result of the event and subsequent coverage. The company reiterated its guidance for full year earnings, and beat consensus expectations of 1.8 percent same-store sales growth, with 2 percent growth. Johnson announced that the company would close some 8000 locations on May 29 for a seminar about racial bias in order to prevent future events similar to those that occurred in Philadelphia. On June 19, 2018, Starbucks announced
1260-404: The company, which enabled it to double its number of stores over the next two years. By September 1992, Starbucks' share price had risen by 70%. In 1994, Starbucks acquired The Coffee Connection , gaining the rights to use, make, market, and sell the " Frappuccino " beverage. The beverage was introduced under the Starbucks name in 1995. In 1999, Starbucks experimented by opening eateries in
1302-805: The following month. Nick Wailes, an expert in strategic management of the University of Sydney , said that "Starbucks failed to truly understand Australia's café culture." In January 2009, Starbucks announced the closure of an additional 300 underperforming stores and the elimination of 7,000 positions. CEO Howard Schultz also announced that he had received board approval to reduce his salary. Altogether, from February 2008 to January 2009, Starbucks terminated an estimated 18,400 U.S. jobs and began closing 977 stores worldwide. In August 2009, Ahold announced closures and rebranding for 43 of its licensed store Starbucks kiosks for their US-based Stop & Shop and Giant supermarkets. In 2012, Starbucks had annual Frappuccino sales of over US$ 2 billion. In August 2012,
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1344-561: The largest Starbucks in the US opened at the University of Alabama's Ferguson Centre. On June 25, 2013, Starbucks began to post calorie counts on menus for drinks and pastries in all of its U.S. stores. In July 2013, more than 10% of in-store purchases were made on customers' mobile devices via the Starbucks app . The company once again utilized the mobile platform when it launched
1386-462: The letters "st" were powerful, leading the founders to create a list of words beginning with "st", hoping to find a brand name. They chose "Starbo", a mining town in the Cascade Range and from there, the group remembered "Starbuck", the name of the chief mate in the book Moby-Dick . Bowker said, " Moby-Dick didn't have anything to do with Starbucks directly; it was only coincidental that
1428-455: The locality of the store. Depending on the country, most locations provide free Wi-Fi Internet access. The company has been subject to multiple controversies related to its business practices. Conversely, its franchise has commanded substantial brand loyalty , market share, and company value . Starbucks originally opened in Seattle, Washington, on March 30, 1971. By selling high-quality coffee beans and equipments related, Starbucks became
1470-536: The moment, which I don't think is possible without quite a lot of censorship." In March 2008, Starbucks acquired Coffee Equipment Company , which was the manufacturer of the Clover Brewing System. It began testing the "fresh-pressed" coffee system at several Starbucks locations in Seattle, California, New York, and Boston. In July 2008, during the Great Recession , Starbucks announced it
1512-785: The original owners of Starbucks, led by Jerry Baldwin , purchased Peet's Coffee . By 1986, the company was operating six stores in Seattle and had begun to sell espresso coffee. In 1987, the original owners sold the Starbucks chain to their former director of marketing Howard Schultz , who rebranded his Il Giornale coffee outlets as Starbucks and began to expand the company. Also in 1987, Starbucks opened its first locations outside of Seattle, in Waterfront Station in Vancouver , British Columbia, and in Chicago , Illinois. By 1989, there were 46 Starbucks stores located across
1554-479: The sound seemed to make sense . " The first Starbucks store was located in Seattle at 2000 Western Avenue from 1971 to 1976. They later moved the café to 1912 Pike Place. During this time, Starbucks stores sold just coffee beans and not drinks. In its first two years of operation, Starbucks purchased green coffee beans from Peet's Coffee & Tea . In 1973, Alfred Peet stopped supplying Starbucks and helped train their new Roastmaster, Jim Reynolds. In 1984,
1596-534: Was absorbed into Holland–Bukit Timah GRC in 2006, except the Bukit Panjang division which was carved out as a Single Member Constituency (SMC). Holland Village, Singapore Holland Village , often abbreviated as Holland V , is a neighbourhood located along the boundary between the planning areas of Bukit Timah and Queenstown in the Central Region of Singapore . Holland Village
1638-555: Was an early resident of the area. However, there is "hardly any official record of him or his association with the name Holland Road." The roads 'Holland Avenue', 'Holland Close' and 'Holland Drive' were officially named after the principal road in 1972. Holland Road is known as hue hng au in Hokkien , meaning "behind the flower garden". The "flower garden" refers to the Botanic Gardens . Several areas are considered to be in
1680-438: Was before the arrival of Starbucks , Coffee Bean and TCC years later, while Wala Wala asserted its presence among the rest with a customer base as wide as its range of imported beers and its nightly band performances. Today, the rows of shops along Lorong Mambong and Jalan Merah Saga house some of Singapore's most famous and characteristic pubs and restaurants, many of which are fully booked during weekends. Holland Village has
1722-444: Was closing 600 underperforming company-owned stores and cutting U.S. expansion plans amid growing economic uncertainty. On July 29, 2008, Starbucks also cut almost 1,000 non-retail jobs as part of its bid to re-energize the brand and boost its profit. Of the new cuts, 550 of the positions were layoffs and the rest were unfilled jobs. Additionally in July 2008, Starbucks announced that it would close 61 of its 84 stores in Australia in
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1764-571: Was considering the use of blockchain technology to connect coffee drinkers with coffee farmers who could eventually be able to take advantage of new financial opportunities. The pilot program was planned to start with farmers in Costa Rica , Colombia, and Rwanda in order to develop a new way to track the bean-to-cup journey. In 2019, at the Microsoft Build conference , the coffee company formally announced its "bean to cup" program using
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