Starbucks is expanding its corporate footprint and plans to open a new office in the South later this year.
“To support these ambitions, we have made the decision to establish a strategic presence in the southeastern 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 at the entrance of a coffee shop in Aspen, Colorado. (Robert Alexander/Getty Images)
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The new Nashville office will be home to several teams managing Starbucks’ supply chain across North America.
“We see Nashville, Tennessee, as an ideal location to open an office and build a more strategic presence in the southeastern region of the U.S.,” Starbucks CEO Mike Grams said in a statement. “The city offers a large, talented and growing workforce, making it an attractive location for us.”
The plans were first reported by The Wall Street Journal.
“This office will house our direct and indirect sourcing and sourcing operations teams, which will serve our North American operations, bringing together current and future sourcing roles in a geographic location that provides access to great talent and greater proximity to key suppliers,” the company said.
Seattle remains the chain’s North American and global support headquarters.
The headquarters of Starbucks Corp. in Seattle, Washington. (David Ryder/Bloomberg via Getty Images)
According to the Journal, Starbucks plans to offer relocation options to dozens of employees in Seattle, while also opening additional positions in the Nashville market.
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Employees who choose not to relocate may receive severance pay and can apply for other open positions within the company, the Journal reported.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| SBUX | STARBUCKS CORP. | 97.15 | +0.47 |
+0.49% |
Tennessee Governor Bill Lee welcomed the announcement, saying the state’s business-friendly climate continues to attract major companies.
“Companies across the country recognize that Tennessee’s strong values and fiscally conservative 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 Tennesseans.”
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Tennessee Governor Bill Lee welcomed Starbucks’ announcement. (Andrew Harnik/Getty Images)
Nashville is already home to major employers such as Bridgestone and HCA Healthcare.
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In-N-Out is also expected to open a 100,000-square-foot eastern office near Nashville late this year.
