Starbucks is heading south with a new corporate office in a push for growth
FOX Business’ Lauren Simonetti reports on the latest lawsuits hitting Starbucks as baristas in multiple states say the company’s new dress code is illegal and forcing them to pay out of pocket.
Starbucks is expanding its business footprint and plans to open a new office in the South later this year.
The Seattle-based coffee company will establish an office in Nashville, Tennessee, as part of its extensive expansion plan across North America, especially in the US center, South and Northeast, according to an internal message sent Tuesday and reviewed by FOX Business.
“To support these aspirations, we have made the decision to establish a strategic presence in the Southeast region of the US, and will open an office in Nashville, Tennessee, later this calendar year,” the company said.
A sign with the Starbucks logo hangs near the door of a coffee shop in Aspen, Colorado. (Robert Alexander/Getty Images)
FORMER STARBUCKS EXECUTIVE SAYS HE WAS FIRED AFTER RAISING CONCERNS ABOUT BIRDS, SAFETY: Case
The new Nashville office will be home to other teams that manage the Starbucks supply chain across North America.
“We see Nashville, Tennessee, as an ideal location to open an office and establish a strategic presence in the Southeast region of the US,” Starbucks chief operating officer Mike Grams said in a statement. “The city offers a deep, skilled and growing workforce, making it a desirable location for us.”
The plans were first reported by The Wall Street Journal.
“Incorporated into this office will be our direct and indirect operations teams, who will serve our North American operations, combining current and future roles in an environment that offers access to great talent and better proximity to major suppliers,” the company said.
Seattle will remain the North American hub and global support headquarters.
Starbucks Corp. headquarters. in Seattle, Washington. (David Ryder/Bloomberg via Getty Images)
Starbucks plans to offer a number of Seattle-based employees relocation opportunities, while opening additional roles in the Nashville market over time, according to the Journal.
STARBUCKS’ TURNOVER PROGRAM SHOWS PROMISE AS SALES GROWTH RETURNS FOR FIRST TIME IN 2 YEARS
Employees who choose not to move may receive severance pay and may apply for other open roles at the company, the Journal reported.
| A ticker | Security | Finally | Change | change % |
|---|---|---|---|---|
| SBUX | STARBUCKS CORP. | 97.15 | +0.47 |
+0.49% |
Tennessee Gov. Bill Lee welcomed the announcement, saying the state’s business environment continues to attract large companies.
“Companies across the country recognize that Tennessee’s strong standards and cost-effective approach are good for business, and we are proud to welcome another Fortune 500 company like Starbucks to our state,” Lee said in a statement Tuesday. “We are grateful that they have chosen to build a future in the Volunteer State and will create quality jobs for the people of Tennessee.”
STARBUCKS CEO CALLS AI ‘CO-PILOT,’ NOT REPLACING EMPLOYEES IN EFFORTS TO DEEPEN COMPANY
Tennessee Gov. Bill Lee welcomed Starbucks’ announcement. (Andrew Harnik/Getty Images)
Nashville is already home to major employers such as Bridgestone and HCA Healthcare.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
In-N-Out is also expected to open a 100,000-square-foot eastside office near Nashville later this year.
