Wednesday, December 7, 2016

Starbucks to nearly double store count by 2021; two new formats in works

Image result for starbucks Starbucks Corp. unveiled an ambitious five-year strategy that calls for major expansion, includes two new store formats, including freestanding bakeries.  
The coffee giant said it plans to plans to open approximately 12,000 new stores globally by 2021, including 5,000 cafes in China. The new round of expansion would bring Starbucks’s total store portfolio to approximately 37,000 locations.. . . more

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