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Starbucks 91st in trading volume with 9.07 billion in sales as it expands in China
Generated by AI AgentAinvest Volume Radar
Wednesday, May 21, 2025 7:41 pm ET1min read
On May 21, 2025,
(SBUX) experienced a trading volume of $9.07 billion, ranking 91st in the day's stock market activity. The stock price decreased by 3.05%.Starbucks has announced a significant expansion plan in China, aiming to open 3,000 new stores by 2025. This move is part of the company's strategy to capitalize on the growing coffee market in the region. The expansion is expected to drive revenue growth and strengthen Starbucks' market position in China.
Starbucks has also introduced a new loyalty program, offering customers exclusive rewards and discounts. The program is designed to enhance customer engagement and retention, providing a competitive edge in the crowded coffee market. The new loyalty program is expected to boost sales and customer satisfaction.
Starbucks has faced criticism over its labor practices, with employees in several countries protesting for better wages and working conditions. The company has responded by announcing plans to improve employee benefits and working conditions, aiming to address these concerns and maintain a positive corporate image.
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