Bloomberg reports that the popular coffee chain Starbucks Corp. plans to add 10,000 new stores over the next four years. The company already serves a staggering 45 million customers each week.
Starbucks Corp., the world's largest coffee shop chain, will open at least 10,000 new stores over the next four years and double its size within five years, chairman Howard Schultz said yesterday. Starbucks is serving 45 million customers a week, Mr. Schultz said at the company's annual meeting in Seattle, where it is based. Starbucks' long-term goal is to have 40,000 locations worldwide, compared with 13,168 stores at the end of 2006. In another development, Paul McCartney was introduced as the first artist signed to Starbucks' new record label. The former Beatle made an appearance via a video feed from London at the annual meeting.
Wallstrip offers some insight on Starbucks Corp. in this entertaining video below. They talk about how Starbucks is turning into a retail outlet selling books, cds, etc. They mention a couple Starbucks related blogs: StarbucksGossip.com and I Hate Starbucks. If all this coverage encourages you to run out to Starbucks for a caffeine fix just don't try to carry quite as many drinks as Wallstrip's host Lindsay did.
Bloomberg 