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Bloomberg Starbucks Reopens in China
Posted by Tango
on February 27, 2020, 5:56 pm
Starbucks offered a shot of good news. The chain said it's reopening cafes across China after the outbreak forced widespread closures last month. Kevin Johnson said about 85% of its 4,292 locations in the country are now operating. "With the number of new cases in China slowing, we are seeing the early signs of a recovery in the region," the CEO said. "As a result, the situation is improving throughout major parts of China."