CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Starbucks opens first Colombia store

Published: 20 Jul 2014 - 01:27 am | Last Updated: 23 Jan 2022 - 01:26 am

BOGOTA: US chain Starbucks opened its first cafe in Colombia — a world famous coffee exporter — apparently unafraid it will be like selling sand at the beach.
To gear up for a soft landing, the US company teamed up with local company Nutresa, and picked a location in Bogota’s exclusive Parque de la 93 for upscale appeal. Starbucks “is looking to achieve a leadership position in the (Colombian) domestic market,” a Nutresa statement said.
Colombia is the world’s leading exporter of smooth arabica. So in a country where people know their coffee, Starbucks has decided to sell 100 percent Colombian beans in all its outlets. “For us, it is a point of pride that Colombia will be the first country in Latin America where all the coffee Starbucks serves will be 100 percent Colombian,” said 
Carlos Gallego, head of Grupo Nutresa. AFP