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Moorhead is getting another Starbucks

The Seattle-based coffee giant is seeking a permit for a 2,350-square-foot store with a drive-through and patio.

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Starbucks is seeking a permit to build a new store at Moorhead's EasTen Shopping Center.
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MOORHEAD - The EasTen Shopping Center is adding a Starbucks.

The popular Seattle-based coffee shop giant is seeking a permit for a 2,350-square-foot store that will include a drive-through and a patio, according to City of Moorhead records.

The construction value of the building is estimated at $800,000.

The new store will be located between the Arby’s restaurant and the Tractor Supply Co. store on the south side of the mall, which is on the 3200 block of U.S. Highway 10 E.

There are two other Starbucks in Moorhead: inside Target at 3301 U.S. Highway 10 E., and at 906 Holiday Drive, in the Holiday Mall near the intersection of Eighth Street South and Interstate 94. There are seven Starbucks stores in Fargo.

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The permit was recently submitted, City Planner Robin Huston said Tuesday, Sept. 28. It will have to be studied before approval, which may come by mid-October. That would give Starbucks time to do sitework and pour foundations if they wanted to start construction immediately.

In the company’s fiscal 2020 third-quarter report, released July 27, 2021, the firm reported that it had operations in 83 markets around the world. As of June 27 of this year, Starbucks operated more than 33,295 company-operated or licensed stores worldwide - about 3% more than the previous year.

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There were 15,348 stores in the U.S., and 5,135 stores in China at the end of the third quarter. Together, they make up 62 percent of all Starbucks stores. The company opened a net of 352 new stores in the third quarter.
About 51% of Starbucks stores are company operated, and about 49% are operated under license agreements.

The company also sells consumer-packed goods through the Global Coffee Alliance, established with Nestle and other partnerships and joint ventures.

The company's stock is traded on the NASDAQ stock exchange under the symbol SBUX.

Related Topics: MOORHEAD
Helmut Schmidt is a reporter for The Forum of Fargo-Moorhead's business news team. Readers can reach him by email at hschmidt@forumcomm.com, or by calling (701) 241-5583.
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