World's Largest Starbucks Opens in Chicago
Industry Leaders|December 2019
Starbucks coffee is a ubiquitous part of an early morning rush for thousands of people all over the world.

The wide choice of lattes in carefully designed stores has become almost a routine for many commuters. So why this excitement over a new Starbucks opening in Chicago? After all, there are 31,000 Starbucks spread across 81 countries, so what is it about the 31,001?

Starbucks opened its largest Roastery in the windy city, the sixth and final chapter of its Reserve Roasteries located in New York, Tokyo, Shanghai, Milan, and Seattle.

It is a five-story, approximately 35,000-square-foot building on the corner of North Michigan Avenue and Erie Street in Chicago. The building earlier housed the Crate & Barrel store. The Roastery houses three coffee bars and a cocktail bar. There is a selection of mouth-watering eats from the famous Chicago Princi bakery on offer too. The Roastery will employ nearly 200 people.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM INDUSTRY LEADERSView All

Architects Pick Their Favorite Building Material

Henry Ford, the father of assembly-line manufacturing, had a saying: “Any customer can have a car painted any color that he wants so long as it is black.”

4 mins read
Industry Leaders
June 2021

POWERFUL WOMEN IN FINANCE

The coronavirus is not only a public health crisis of magnitude – it’s also a looming reshuffle of the global economic order. Leading through the pandemic and economic crisis is not a minor accomplishment, but the events of this past year haven’t stopped the 10 trailblazers who make up Industry Leaders’ Most Powerful Women in Finance list.

5 mins read
Industry Leaders
June 2021

GERMANY ADOPTS NEW LAW TO HASTEN THE END OF COAL PLANTS

A new climate law adopted by Germany requires that all coal-fired power plants be shut down before the promulgated 2038 deadline. In January 2020, the German government had negotiated a deal worth €40 billion to phase out coal power by 2038, but now it seems the country is in a hurry to end its dependence on coal power due to urgent climate concerns.

1 min read
Industry Leaders
June 2021

IRS AND JUSTICE DEPARTMENT INVESTIGATING CRYPTO EXCHANGE BINANCE

Singapore-based Binance was co-founded in 2017 by Changpeng Zhao, and is the largest cryptocurrency exchange in the world. The US Commodity Futures Trading Commission (CFTC) is probing money laundering and tax-related offenses on the platform by any US citizen. They are investigating whether any illegal trading of derivatives linked to digital tokens was done. The United States residents can only purchase these kinds of products from firms registered with the CFTC.

1 min read
Industry Leaders
June 2021

GEN Z ANGELS

INVESTORS SEEM TO BE GETTING YOUNGER AND YOUNGER.

5 mins read
Industry Leaders
June 2021

Biggest AI Talent Grab of the Year

In a post-COVID-19 world, the role of Mergers and Acquisitions (M&A) will be redefined. Companies striving to defend their existing markets and accelerate recovery are looking at a wide range of strategies such as alliances and partnerships. In addition, deal-makings now have to reflect the new environmental and societal priorities of the post-crisis world, which include making organic changes like going virtual, remote collaborations, and potentially less inperson networking.

5 mins read
Industry Leaders
June 2021

POSTWAR BOOM

PANDEMIC BRINGS GOOD SALES GROWTH FOR LUXURY CAR BRANDS

4 mins read
Industry Leaders
June 2021

GOOGLE PLANS TO BUILD A COMMERCIAL QUANTUM COMPUTER BY 2029

Google is confident it can build a commercial-grade quantum computer by 2029. The search engine giant’s chief executive Sundar Pichai announced the plan to build a quantum computer during the Google I/O stream. To follow through on this ambitious journey is an important milestone in the form of a new Quantum AI campus in Santa Barbara, California, where Google engineers and scientists will be hard to work to build the world’s first commercial quantum computer.

1 min read
Industry Leaders
June 2021

BEYOND THE STARS

The dream of space tourism is alive and well.

4 mins read
Industry Leaders
June 2021

2021 SEMICONDUCTOR CHIP SHORTAGE

The semiconductor chip shortage is far from over but this hasn’t stopped governments around the globe from getting creative to move production ahead. The impact of the chip crisis on the automotive market has been debilitating, resulting in competition between automakers and electronics manufacturers.

4 mins read
Industry Leaders
June 2021
RELATED STORIES

STEAMED

FOR A MEASURE OF JUST HOW FED UP AMERICAN WORKERS ARE, LOOK TO STARBUCKS, WHERE BARISTAS ARE UNIONIZING ALA PACE THAT WOULD HAVE BEEN UNIMAGINABLE A YEAR AGO AND INSPIRING SIMILAR ACTIVISM ELSEWHERE

10+ mins read
Bloomberg Businessweek
May 16, 2022

A BURNT TASTE

How did Starbucks, once а shining beacon of progressive business practices, torch its reservoir of goodwill?

10+ mins read
Fast Company
Summer 2022

LADY GAGA GRINDS CAIT OVER COFFEE

CHEEKY Lady Gaga was wearing her poker face when she threw shade at Caitlyn Jenner outside the Elton John AIDS Foundation's 30th annual Academy Awards viewing party in Los Angeles on March 27.

1 min read
National Enquirer
April 18, 2022

Trying to Stand Out

With customers increasingly willing to stray, brands are upping their game on loyalty programs

4 mins read
Newsweek
April 15, 2022

CRUSHED CAITLYN S.O.S. SURGERY FOR SAGGING BOOBS!

BUSTED! Crestfallen Caitlyn Jenner has been dragging around her droopy boobs that are way out of proportion with the rest of her body as she continues to pack on the pounds — and insiders tell GLOBE she’s lined up an emergency procedure to give her bust a boost, STAT!

1 min read
Globe
March 07, 2022

How Many Ways Can You Spin an Idea?

One insight can produce many companies. My obsessive music habit as a teen has already driven three.

2 mins read
Entrepreneur
December 2021

Selling China on La Dolce Vita

Venerable Italian coffee brand Lavazza has big plans in a market Starbucks rules

4 mins read
Bloomberg Businessweek
November 01, 2021

STREISAND HOOKED ON PLAYING MARKET!

Wakes daily at 6:30 a.m. to make big stock bets

2 mins read
National Enquirer
February 15, 2021

Clutter, Be Gone!

Fifteen minutes a day keeps the mess away

5 mins read
Angels on Earth
Jan/Feb 2021

ROZ BREWER

“I ALWAYS FEEL LIKE IF A BARISTA IS MAKING COFFEE, I SHOULD BE DOING SOMETHING.”

3 mins read
Fast Company
Winter 2020/2021