Starbucks To Open Reserve Roastery In Tokyo In 2018

By Tonya GarciaMarketsMarketWatch Pulse

Starbucks Corp. said Thursday that it will open its fourth Reserve Roastery location in Tokyo in 2018. The coffee giant has enlisted the help of Tokyo Olympics 2020 designer, architect Kengo Kuma, to design the new location. Starbucks opened its first Reserve Roastery in Seattle in 2014. Shanghai's Roastery will open in 2017 and New York's is coming in 2018. Starbucks shares are inactive in premarket trading, and down 11.5% for the year so far. The S&P 500 Index is up 4.9% for 2016 to date.

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