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Starbucks set to open thousands more coffee shops globally

Move would mark return to growth after shuttering hundreds of poorly performing stores last year

Starbucks is planning to open thousands more coffee shops around the world and make them more inviting places to linger, even as competitors focus on speedy drive-through and mobile order options. 

The Seattle-based beverage and food chain intends to add more than 2,000 stores globally in fiscal 2028, chief financial officer Cathy Smith said at an investor event on Thursday. 

That would be more than three times the sum planned this year and mark a return to growth after Starbucks shuttered hundreds of poorly performing stores in September. 

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