Starbucks’ Big Expansion Plans: Yes, There’s Still Room for It to Grow
Filed under: Company News, Starbucks, Stocks in the News, Food & Drink
It may feel like Starbucks (SBUX) shops are everywhere, but apparently there’s still plenty of global real estate left to conquer.
The java giant announced aggressive worldwide expansion plans on Wednesday morning. Starbucks plans to have more than 20,000 total retail stores open globally by 2014, up from the 18,066 locations open at the end of fiscal 2012.
The biggest surprise, however, is that the star of that push will come through the addition of new domestic stores.
Over the next five…
Starbucks’ Big Expansion Plans: Yes, There’s Still Room for It to Grow originally appeared on DailyFinance.com on 2012-12-05T14:30:00Z.
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