News Journal

World largest Coffee retailer earn by 2%

The world’s largest coffee retailer Starbucks Corp. registered an increase in the products made by the company by about 2%.The Company had announced that it will have less stores in US and close down the stores that are performing poorly.

The company said that it will be benefited from the reduced number of employees after shutting down stores in many domestics regions and stop serving the warm egg-and-cheese breakfast sandwiches in its stores.

It plans to open about 425 new stores in the country and about 75 stores that has been planned to be opened globally. The total stores owned by the company will be 2,150 after the new stores are added to the count.