Starbucks plans about 9,000 China outlets by 2025
Tweet
Share
E-mail
A staff member is seen at Starbucks at the Beijing Daxing International Airport, as the country is hit by an outbreak of the novel coronavirus, in Beijing, China February 20, 2020. REUTERS/Tingshu Wang
(Reuters) - Starbucks Corp said on Tuesday it plans to have about 9,000 stores in China by 2025, a 56% increase from its current count.
That increase equates to one new store opening nearly every nine hours for the next three years, Starbucks said.
(Reporting by Uday Sampath in Bengaluru; Editing by Maju Samuel)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- TD Cowen Reiterates Buy Rating on Starbucks (SBUX)
- Coty stock tumbles as lack of visibility, RBC downgrade overshadow Q4 beat
- Trading Day: Can't get no reliefÂ
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
