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Starbucks sees even more stores in its future

December 15, 2020

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Starbucks plans to open a whopping 22,000 locations to bring its massive store count to 55,000 by 2030.

At its bi-annual Investor Day, Rosalind Brewer, COO and group president-Americas, projected Starbucks’ U.S. base would expand by “nearly 800 gross stores each year.” She told investors, “Though we are growing off a large base, there is ample room to expand in regions where the Starbucks brand is less penetrated with particular focus on high-volume, high-margin suburban drive-thrus.”

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