Starbucks unveils plan to add 10,000 jobs in China
Updated: Jun 26, 2018
Starbucks, the world’s largest coffee chain, unveiled its plan to increase 10,000 new jobs each year in China over the next five years. Eyeing the flourishing coffee-drinking culture amid a booming middle-class, the company will open 500 stores every year, aiming to double its store count to 5,000 in China by 2021.
It was revealed Starbucks will tap 10-15 new urban markets in the country every year, while continuing to penetrate into megacities. There is still room for expansion in cities such as Beijing, Shanghai, Guangzhou and Shenzhen. China is Starbucks’ largest market outside the US.