Starbucks re-opened 90% of its stores in China. In January, the coffee chain had closed more than half its China stores due to risks posed by the coronavirus outbreak.
Starbucks on Wednesday also announced that it is opening a “state-of-the-art coffee innovation park in China in 2022. The facility will include a roasting plant, warehouse and distribution center; and it is expected to create highly skilled jobs and new career opportunities that will help boost sustainable coffee manufacturing, as indicated by Chief Executive Kevin Johnson .
The company is hoping to have 6,000 stores in China by 2022, which is 40% more than the current 4,290 figure.