Starbucks is set to open more than 500 new coffeehouses in the UK over the next five years, as the company doubles down on its growth plans.
Duncan Moir, President of Starbucks Europe, said: "In the UK, we continued to grow, opening 92 coffeehouses last year.
"We plan to open 75 more in the next year, and over the next five years, there are plans to open 500 more. This shows our confidence in the UK market."
The company has also been expanding in other regions, opening 299 new stores last year.
The UK remains Starbucks’ biggest market in the region. Even with rising costs and strong competition, Starbucks grew its UK revenue to £556.3m last year. Customer visits rose slightly, and the average spend per customer reached £6.45.
Digital ordering and loyalty programs are proving popular.
Mobile orders are up 28%, and Starbucks Rewards now accounts for 42% of UK sales, with membership growing to 2.4 million active users.
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New stores and acquisitions
By the end of last year, Starbucks had 1,304 stores in the UK.
Starbucks is also seeing strong growth in its menu. Cold drinks sales rose 11.8%, while Matcha drinks jumped 68% in the past year.
Seasonal and limited-time drinks now make up 10% of UK sales.
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