Another Starbucks may soon pop up around the corner, with the world's biggest coffee company planning to add at least 1,500 cafes in the US over the next five years. Starbucks said today that it plans to boost the number of locations in its biggest market by about 13% by 2017. In the broader Americas region, the company plans to add a total of 3,000 new cafes by that time.
Starbucks also is planning to expand overseas, particularly in China, which is expected to surpass Canada as Starbucks' second-biggest market in the next two years. By that time, Starbucks says it will have 20,000 stores globally, up from about 18,000. The chain also plans to offer more pastries, juices, and tea in its stores, after a series of acquisitions. The upbeat expansion plans mark a turnaround from Starbucks' struggles during the recession.