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On July 21, 2025,
recorded a trading volume of $673 million, marking a 38.67% increase from the previous day. This placed the company at the 149th position in the day's stock market rankings. Starbucks (SBUX) closed the day with a 1.22% decline.Starbucks has announced a significant expansion plan, aiming to open 300 new stores across the United States by the end of 2026. This initiative is part of the company's broader strategy to enhance its market presence and cater to the growing demand for specialty coffee and related products. The expansion is expected to create thousands of new jobs and stimulate local economies in the regions where the new stores will be located.
In a separate development, Starbucks has launched a new sustainability program focused on reducing its carbon footprint. The program includes initiatives such as sourcing 100% of its coffee beans from sustainable farms, implementing energy-efficient practices in its stores, and promoting the use of reusable cups among customers. The company aims to achieve net-zero emissions by 2030, aligning with global efforts to combat climate change.
Starbucks has also introduced a new line of plant-based beverages, catering to the rising demand for vegan and health-conscious options. The new line includes a variety of dairy-free milk alternatives and plant-based lattes, which are expected to appeal to a broader customer base. This move is part of the company's ongoing efforts to innovate and adapt to changing consumer preferences.
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