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Starbucks Trading Volume Hits 11.05 Billion, Ranks 66th Amid Sustainability Push and China Expansion
Generated by AI AgentAinvest Market Brief
Wednesday, May 14, 2025 7:46 pm ET1min read
On May 14, 2025,
(SBUX) experienced a trading volume of 11.05 billion, ranking 66th in the day's stock market. The stock price decreased by 0.40%.Starbucks has announced a new sustainability initiative aimed at reducing its carbon footprint by 50% by 2030. The company plans to achieve this through various measures, including the use of renewable energy sources and the implementation of more eco-friendly packaging.
Starbucks has also revealed plans to expand its presence in the Chinese market, with the opening of 300 new stores in the next two years. This expansion is part of the company's strategy to capitalize on the growing demand for premium coffee in China.
Additionally, Starbucks has introduced a new loyalty program that offers customers rewards for purchasing sustainable products. This program is designed to encourage customers to make more environmentally friendly choices while also driving sales of sustainable products.
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