Starbucks CEO Says ‘Thousands’ More Store Upgrades Coming, Bets On China Growth
Starbucks Corp. (SBUX) CEO Brian Niccol said the coffee chain plans to upgrade thousands more stores next fiscal year, implying that its multiyear “Back to Starbucks” turnaround remains in investment mode.“I would categorize it as: the shine is back on Starbucks, and the experience is back in our c…
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