Starbucks expansion ambitions
Related entries inStarbucks has set some lofty goals for expanding in 2007. According to Reuters,
Starbucks will open 2,400 stores in its 2007 fiscal year and will have 20,000 stores worldwide within seven years, a senior executive said on Monday.
Colman Cuff, Starbucks’ director of trading and operations, said the new stores would be spread among the United States and worldwide markets, with Asian growth driven by China.
"In fiscal year 2006 we opened more stores than were forecast, and we will better that in fiscal year 2007," Cuff said at the Sintercafe coffee industry conference in Costa Rica. The 2006 fiscal year ended on Oct. 1.
Starbucks has more than 12,000 stores, including 8,800 in the United States.
Too bad Starbucks employees are dissatisfied with their working conditions:
This November 24th-25th, stand in solidarity with Starbucks workers as we call for an end to the anti-union campaign waged by Starbucks and for the reinstatement of all unlawfully fired workers. In addition we are calling on Starbucks to give Ethiopia control over its coffee. [More from Starbucks Union]
Via badgett ; Tags: starbucks, expansion, international business, starbucks union