SBUX · News · 20260823N

Store Count and Expansion

STARBUCKS CORP · 2026-08-23 · Importance 34 · Surprise 42

Starbucks India is restarting aggressive store expansion after two years of business-model recalibration. The India business, operated through a 50:50 joint venture with Tata Consumer Products, plans to increase store density in existing cities. The company eventually aims to reach a scale comparable to Starbucks in China, following consistent same-store sales growth and a period of slower expansion amid weaker discretionary spending.

Key facts

• Starbucks is resuming aggressive store expansion in India after two years of business model recalibration and consistent same-store sales growth. source