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Starbucks (SBUX +0.9%) will more than double its staff to 30K by 2015 as part of a sweeping plan...

Starbucks (SBUX +0.9%) will more than double its staff to 30K by 2015 as part of a sweeping plan to expand in China. Feeding the ambition is a forecast that coffee sales as a whole in the country are expected to increase by 55% to 4.5B yuan ($720M) over three years. The company maintains its big China bet is based on positive early results which show pent-up demand in the market, particularly from young urban professionals.
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  • boundiron
    , contributor
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    Shultz is the new Steve Jobs-just watch!
    12 Dec 2012, 12:10 PM Reply Like
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