Second Starbucks community outlet opens doors in South Korea
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A second Starbucks community store has opened in South Korea.
The new venue, located in Seongsudong, Seoul, is described by the company as a “hub for young people and prospective startups to share information about networking and starting their own businesses”.
The store is located near a sizable startup and social-venture community and a major metro station.
Starbucks will host a series of startup workshops for young people at the store via its new Starbucks Youth Startup Entrepreneurship Programme, which is funded by a portion of sales from the store, coordinating with other stores across the market to offer the program to youth in other parts of the country.
The community space within the store features movable walls and furniture as well as regular cafe seating.
Questions & Answers
Q.What is the primary purpose of the new Starbucks community store in South Korea?
What is the primary purpose of the new Starbucks community store in South Korea?
The store aims to be a central point for young people and new businesses to exchange ideas about networking and how to launch their own companies. It offers a space for collaboration and learning.
Q.How will the new store support young entrepreneurs in South Korea?
How will the new store support young entrepreneurs in South Korea?
Starbucks will run startup workshops for young people at this location through its Youth Startup Entrepreneurship Programme. A percentage of the store's sales will fund this initiative, which will also be offered nationwide.
Q.What kind of facilities does the community space within the store offer?
What kind of facilities does the community space within the store offer?
The community space inside the store is designed with flexibility in mind, featuring movable walls and furniture. It also includes standard cafe seating arrangements for customers.