Starbucks to add 3,000 new stores

[jsr]

http://money.cnn.com/2012/12/05/news/companies/starbucks-new-stores/

Starbucks to add 3,000 new stores
By Chris Isidore @CNNMoney December 5, 2012: 3:25 PM ET

Starbucks is planning to add 3,000 stores over the next five years, with at least half of them in the United States.

The company said Wednesday the new stores will expand its existing global network of 18,000 stores. Starbucks also plans to renovate many of its existing stores.

The additions will lead to a 13% increase in the number of U.S. stores by 2017. Starbucks had 11,100 stores in the United States as of October, according to its annual report.

The coffee chain also has big plans for China, where it plans to more than double the number of stores to 1,500 in 70 cities by 2015. Currently, there are 700 Starbucks stores in China. ...

[libdem4life]

1. Cutting back on jobs, indeed. Big plans for China. Now where have we heard that before?

[jmowreader]

2. Great news

"Starbucks to add 3000 stores and stop selling fuel oil-flavored coffee" would be better news.

[DaniDubois]

3. They're cutting paid lunch breaks, sick leave and maternity benefits for

thousands of British workers, they can easily afford 3000 new stores.

http://www.guardian.co.uk/business/2012/dec/03/starbucks-slash-lunch-breaks