Starbucks' Chronicles
"In August, it stuck by guidance that it would open at least 2,400 new stores worldwide in the current fiscal year - twice as many as in 2003 - and slightly more next year. Last autumn, the company set a global long-term goal of having 40,000 stores, 10,000 more than its previous target. It has more than 14,000 stores today, 10 times more than a decade ago. Most are in the United States, but eventually the company envisions serving half its coffee overseas, where executives and analysts see huge potential for growth, particularly in China. With a steady stream of new stores to staff, the blistering pace of the company's expansion has occasionally led to long lines. Starbucks has hired more assistant managers and recently started streamlining menus, moves aimed at filling orders more quickly." (AP, The International Herald Tribune)
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