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Benzinga
Benzinga
Business
Shivani Kumaresan

Starbucks Reopens China Stores: Bloomberg

Starbucks SBUX China Company Nasdaq Starbucks Corp Covid-19
  • Starbucks Corp (NASDAQ:SBUX) is reopening its stores in China after a resurgence in the COVID-19 cases prompted the closure of business activities in the country, Bloomberg reported.
  • The coffeehouse chain has reopened 600 out of its 940 stores.
  • The report added that the company plans to offer only online orders but will open in-store dining in the coming days.
  • Also Read: Starbucks Divests This Cold-Pressed Juice Brand - What's The Focus Now
  • Price Action: SBUX shares are trading higher by 0.23% at $79.60 on the last check Friday.
  • Photo Via Company
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