Starbucks Korea have announced the expansion of its profit-sharing Community Store program, with a second Community Store location to open in the first half of 2020 with more to follow.
The upcoming Community Stores will focus on the three pillars of Starbucks Korea’s social impact initiatives: investing in young people seeking opportunities, promoting environmental sustainability and celebrating Korean cultural heritage. Through the Community Store profit-sharing model, Starbucks works together with local non-profits and community organizations in South Korea to fund innovative programs that empower the local community.
“For nearly 50 years, Starbucks has believed that one of the most important contributions we can make is to serve as a catalyst for positive impact in the communities where we do business,” said John Culver, group president, International, Channel Development and Global Coffee & Tea. “As a company, each year we try to live up to this responsibility in new and meaningful ways. I’m proud to announce that this year, we’re introducing a plan that will increase our commitment to building more Community Stores across South Korea.”
