MarketsNotableConfirmed
6.1
Starbucks to close 250 US cafes in restructuring, targets underperforming sites
La RepúblicaLO·US·about 23 hours ago
Starbucks plans to open about 440 new stores worldwide this fiscal year, with 250 of those in China, indicating continued expansion in a key growth market despite broader economic headwinds. The announcement signals confidence in Chinese consumer demand and may reflect a strategic pivot toward international growth as domestic markets mature.