Starbucks plans to open 100 new UK sites in Europe expansion

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Starbucks plans to open 100 new UK sites in Europe expansion
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The company reveals an investment in its UK operations in a move that will be seen as a firm commitment to its largest European market.

Starbucks has announced plans to open 100 new stores in the UK over the next 12 months as part of a Europe-wide investment programme.

It revealed the investment while reporting that sales had recovered to pre-pandemic levels during its financial year to 22 October.said total revenues were 37% up on the same period a year ago at £449.3m - though operating profits slipped by almost a third to £12.6m. Duncan Moir, president of Starbucks Europe, Middle East and Africa , said:"Innovation remains key to Starbucks ability to meet our customers' changing needs and we're investing in our digital channels and developing new store formats such as digitally forward smaller stores and Drive Thrus.

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