Coronavirus: Starbucks closes 2,000 Chinese branches

Coronavirus: Starbucks closes 2,000 Chinese branches

Starbucks has closed 2000 outlets in China as a result of the coronavirus and warned that the outbreak will ’materially affect’ its financial results for the year. Starbucks has almost 4,300 outlets in China, making it the company’s largest market outside the US. The US-based chain said that they are also continuing to ’monitor and modify’ the opening hours of all stores in the country.

David
David
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