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.


SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 



