Starbucks Coffee Company continues to focus on China, naming a co-CEO for the region and opening a nearly one million sq.ft. “coffee innovation park” near Shanghai.
An veteran retailer with more than 30 years of leadership experience in the operational supply chain and logistics industry has joined Starbucks Corp.’s supply chain team.
Starbucks posted second-quarter earnings and sales that topped estimates, boosted by a 12% increase in U.S. same-store sales and an uptick in growth in China.
