Starbucks (SBUX) has outlined a global expansion plan targeting nearly 40,000 new stores outside the US, roughly three new international coffeehouses a day. Management is pairing the rollout with investment in employee coaching and development across overseas markets. The article says the expansion would push more sales outside the US, while China shifts to a licensed joint venture model, and it notes that success depends on holding operating margins amid higher labor investment and unionisation pressures. The key reference point is fiscal 2027 guidance calling for about a 1% year-on-year decline in consolidated net revenue as China converts to the joint venture model.
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