Starbucks expects to have 55K locations within 10 years
Dive Brief: During an investor event last week, Starbucks said it plans to add about 22,000 new locations within the next 10 years — from its current 33,000-unit footprint to about 55,000 units. CNN reports this portfolio will include a variety of concepts, from smaller stores to those with drive-thru and pickup capabilities. COO Roz Brewer noted that there is room to expand in regions where the brand is less penetrated, as well as “high-volume, high-margin, suburban drive-thrus.” The company is also considering formats in metro locations that could reduce long lines, she said. This an...
Source: constructiondive.com
