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International Business Times UK
International Business Times UK
Business
Angelo dela Dingco

'Back to Starbucks' Pays Off: Coffee Giant Posts First Sales Growth in 7 Quarters After Year of Store Closures

Starbucks focuses on a strategic turnaround amid store closures and growth.

It has been a year since Starbucks launched its 'Back to Starbucks' strategy, a bold initiative aimed at transforming the coffee giant's operations, reinforcing its brand story, and restoring its leadership position in the global coffee market. The results suggest a tentative step forward: the company reports its first global comparable sales growth in seven quarters.

A Turning Point After a Rocky Year

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