Starbucks is opening 12,000 more stores

Kai Ryssdal Dec 7, 2016
HTML EMBED:
COPY
GIANLUIGI GUERCIA/AFP/Getty Images

Starbucks is opening 12,000 more stores

Kai Ryssdal Dec 7, 2016
GIANLUIGI GUERCIA/AFP/Getty Images
HTML EMBED:
COPY

It seems like there clearly is no such thing as too much.

Starbucks announced today that it plans to open 12,000 new stores worldwide over the next five years — half in the United States, and half in China — the latter is a newer market of special interest to the company. Also, they plan to generate $1 billion in revenue over the next five years.

You’d think Starbucks has had their fill of stores everywhere in the country, right? Well, one response to my tweet today summed it up:

I personally think it’s some kind of Pumpkin Spiced Latte plot, but that might just be me.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.

Marketplace + Caffeine = daily dose of awesome!

Your donation today gets you two things to keep you going – your daily news fix and your new favorite mug.