Starbucks, the world's largest coffee-shop chain,
is planning to more than triple its stores to 40,000
worldwide, 10,000 more than the previous target. Starbucks
will also enter four new international markets in the
coming year Brazil, Egypt, India, and Russia
bringing the total to 40 overseas markets.
company said half of the new Starbucks stores will be
in the United States and half overseas, but it did not
give a time frame for the expansion.
global opportunity is much greater than we originally
thought," chief executive Jim Donald was quoted
as saying in a conference in Seattle.
also has an agreement with Apple Computers that will
allow the company to sell music played in its stores
at Apple's iTunes online store.
is rushing for new locations to keep customers from
going to rivals Dunkin' Donuts Inc, McDonalds and other
which had 12,440 stores as of October 1, 2006, said
its September sales rose six per cent, the highest in
said sales at new stores are rising, with average first-year
sales for company-operated stores in the United States
at $920 million. Revenues at company-operated stores
in the United States averaged more than $1 million per