Starbucks added 1,173 stores in the fiscal 2021 year, and 1,404 in the 2020 fiscal year to outpace McDonald's and Subway during the pandemic.
McDonald's and Subway are the world's two biggest fast-food chains.
As of January 2, 2022, Starbucks had 34,317 open stores across the world, just under 17,000 in the US.
Starbucks added 484 net new stores in the first quarter of 2022 and 538 the previous quarter.
Starbucks China CEO of Leo Tsoi noted that the coffee chain added 1,200 new stores in China over the past two years, making up a fifth of the total in the country,
The chain plans to open 2,000 net new stores globally in fiscal 2022.
Starbucks President and CEO Kevin Johnson said that as long as they keep delivering best-in-class profitability and return on investment, they will continue to build new stores.
He added that outside of the US, the growth is even starker.


Dollar Eases Near Two-Month High as Yen Rebounds
Grayscale Sees Zcash Gaining Market Share Against Bitcoin
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge
OpenAI Seeks $30 Billion at $1.4 Trillion Valuation
Gold Holds Near Seven-Week Low as Fed Rate Hike Bets Rise
Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure
CSL Partners With AWS to Bring AI Into Drug Research
Boeing Wins $20 Billion Navy F/A-XX Stealth Fighter Contract
CNN, Politico and MS NOW Seek Court Order Blocking Trump White House Ban
Pepco Raises FY26 Earnings Outlook, Unveils €400 Million Buyback
Cboe Extends SPX Options Deal, Eyes Tokenized Contracts
Hengrui Shares Rise on $2.6 Billion Novo Nordisk Obesity Drug Deal
Anthropic Targets $2 Trillion Valuation in Planned IPO
Binance Pay Goes Live at PayPay Merchants in Japan
HUTCHMED, AstraZeneca Seek FDA Approval for Lung Cancer Combo
Oil Prices Jump Nearly 3% as Iran Holds Firm on Hormuz Conditions
XRP Price Targets $1.70 as Bullish Momentum Builds 



