Starbucks plans to open 100 new UK sites in Europe expansion

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 67%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The company reveals an investment in its UK operations in a move that will be seen as a firm commitment to its largest European market.

Starbucks has announced plans to open 100 new stores in the UK over the next 12 months as part of a Europe-wide investment programme.

It revealed the investment while reporting that sales had recovered to pre-pandemic levels during its financial year to 22 October.said total revenues were 37% up on the same period a year ago at £449.3m - though operating profits slipped by almost a third to £12.6m. Duncan Moir, president of Starbucks Europe, Middle East and Africa , said:"Innovation remains key to Starbucks ability to meet our customers' changing needs and we're investing in our digital channels and developing new store formats such as digitally forward smaller stores and Drive Thrus.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What precisely are they investing in? Minimum franchise investment is £500k 🤣

I bought a £400 coffee machine, coffee beans and real milk. The difference between my coffee and their insipid gunk is phenomenal. Best thing I ever did...!!!

All those people saying how bad it is why do you even bother going there? If you don't go there then how do you know?

Maybe a good start would simply be to keep them clean during the day

SeenThruGlass I'm sure you are buzzing about this! lol

Thank the lord

Basically drinking piss it’s not coffee StarbucksUK

Hope they don't at bugs

Funny how people moan paying for gas but have spare money for coffee shops

Cancer. Eat real food

Buy a kettle ffs

Clearly we can see where people are spending their money.

Where’s the Justice? M&S, BnM, TkMaxx and H&M closing stores, Starbucks expanding. I despair at this generation.

Starbucks make appalling coffee! They didn’t last long in Australia- thank goodness!

Greggs does better coffee for half the price.

Will they be made to pay their taxes in return for us allowing them to expand their business?

All with no tax paid money !!

More places for people to sit there with their laptops hogging the plug sockets making one coffee last for 90 minutes. 🙄

More Starbucks coffee shops. Just what we need🙄

Their planning manager doesn't know yet, but he's soon to get the sack.

I don't get why people go to Starbucks the coffee is overpriced and tastes like mud.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines