Starbucks buys back control of stores
By Tang Zhihao | 皇冠体育app Daily | Updated: 2011-06-03 08:12
|
Customers sit outside a Starbucks coffee shop in Shanghai. Aiming to secure stronger control and better execution, the retailer has bought back the ownership of cafes from its partners in some provinces in 皇冠体育app. Kevin Lee / Bloomberg |
SHANGHAI - The US-based coffee retailing giant Starbucks Coffee Company announced on Thursday that it is to acquire full ownership of all its stores in 皇冠体育app from joint venture partner, Maxim's Caterers Ltd.
Photo
