Friday, July 26, 2019

Every Starbucks growth strategy is working

CNN Business
Starbucks has put several plans in place to accelerate growth, and they all seem to be working.

The company is aggressively opening restaurants, improving its technology, developing new products, and expanding its rewards program. The tactics are paying off: Sales at cafes open at least a year grew 6% globally in the third quarter, Starbucks announced Thursday. Net sales grew 8.1% to an all-time high of $6.8 billion. . . . more