Daily Mail

Starbucks to open 100 new UK stores


STARBUCKS plans to open more than 100 UK coffee shops following a jump in sales.

The cafe giant said it aims to invest £30m in store openings and refurbishi­ng existing sites.

The investment comes after reports last year that Starbucks was considerin­g selling its UK business, which has 1,066 stores.

It plans 300 new outlets in Europe, the Middle East and Africa as a whole.

In the UK, the focus will be on drivethrou­gh sites and ‘key cities’. Starbucks is also aiming to renovate 30 company-operated stores over the course of the coming year.

UK revenues surged by 37pc to £449.3m for the year to October as it continued its recovery from the pandemic.

However, the business saw operating profits slip to £12.6m from £16.5m in the previous year, following inflationa­ry pressure and investment in staff pay.

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