Starbucks plans 150 stores in South Africa: CEO
Reuters
Published Apr 29, 2016 11:27AM ET
Starbucks plans 150 stores in South Africa: CEO
JOHANNESBURG (Reuters) - U.S. coffee chain Starbucks (O:SBUX) plans to open up to 150 stores in South Africa, founder and chief executive Howard Schultz said on Friday.
Starbucks, brought in under license by South Africa's Taste Holdings (J:TASJ), opened its first store last week in a mall in an affluent suburb of Johannesburg.
"I've never seen a line like this after a week of our opening," Schultz told journalists at the store.
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Written By: Reuters
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