Ownership permits Starbucks to rise fast
STARBUCKS Coffee International will acquire full ownership of more than half of its retail stores on
The deal allows the world's largest coffee chain to take full control of its business in central, south and west
"Full ownership of our stores in central, south and western
"It also allows us to accelerate growth as we look to achieve our goal of having 1,500 stores across the country by 2015," he added.
Starbucks now runs about 450 stores on the mainland since its first entry in 1998.
As part of the deal, Hong Kong-based Maxim's Caterers Ltd will take full control of Starbucks' business in Hong Kong and
Analysts said foreign companies have been pursuing more independent operations in
"What appeals to Starbucks is the huge market potential in
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