More Starbucks Are Coming

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Over the next five years, expect to see several new locations nearby. They're adding 1,500 more.

Starbucks has decided there are still some open corner locations left in America, and plenty more abroad, according to the Associated Press

Worldwide, the company says it will have more than 20,000 cafes by 2014, up from its current count of about 18,000. Much of that growth will come from China, which the company says will surpass Canada as its second-biggest market.

Although Starbucks has been intensifying its growth overseas and building its packaged-goods business back at home, the majority of its revenue still comes from its more than 11,100 cafes in the United States.

The company plans to open 1,500 locations in just the U.S. over the next five years. At least it won’t be as expensive as in China.

Stacy Johnson

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