American coffeehouse chain Starbucks is opening its first store in Cayman at Camana Bay on Thursday. It is the first of four coffee shops the company expects to open in Grand Cayman over the next three years.
Tim Grever, operations director for Starbucks Caribbean markets, said in press release, “Our first store in the beautiful island of Grand Cayman marks a key milestone for our expansion in the Caribbean region. Together with Caribbean Coffee Baristas Cayman Limited, we are confident that we are going to deliver an exceptional and unique Starbucks experience for our partners and customers in Cayman.”
Starbucks stores in Cayman are exclusively owned by Caribbean Coffee Traders Limited and are sub-licensed and operated through Caribbean Coffee Baristas Cayman Limited, a consortium led by Jamaican entrepreneurs Ian Dear and Adam Stewart and local partner Jason Brown. Caribbean Coffee Traders has already opened Starbucks stores in Jamaica and Turks and Caicos under its Caribbean franchise agreement.
Dear, chief executive officer and chairman of Margaritaville Caribbean Group, said, “We are excited for the opening of our first Grand Cayman location and look forward to the continued expansion of the brand across the island as a result of a successful business partnership between Starbucks and Caribbean Coffee Baristas Cayman Limited.”