Starbucks has announced a large-scale expansion plan that targets the opening of an additional 17,000 locations across the globe by the year 2030. This vast increase marks the coffee giant’s continuous efforts to remain at the forefront of the continuously expanding coffee and cafè industry.
The new plan involves the opening of more than 12,000 new locations in the Americas, with the majority of these new stores planned to open in the United States. The plan also includes the opening of new stores in China and the Asia-Pacific region, with the total number of new Starbucks locations estimated to reach 3,000 in those regions. In addition, some 1,700 stores are set to open in Europe, the Middle East and Africa.
The US coffee chain is hoping to capitalize on this opportunity to further its global presence and appeal to more customers than ever. Starbucks has long been known for its commitment to providing a comfortable and convenient atmosphere for customers. This expansion plan is a testament to the company’s desire to offer its customers better experiences and convenience.
The new stores are expected to generate an estimated seven billion dollars in annual revenue. In addition, Starbucks is aiming to increase their workforce by 400,000, which is expected to result in additional job opportunities for citizens across the globe.
The expansion plan marks another impressive chapter in Starbucks’ long and illustrious history. Since its founding in 1971, Starbucks has grown from a single location in Seattle, Washington to more than 30,000 stores located in over 75 countries. With this new announcement, the company is setting the stage for continued growth and success in the years to come.