10 Years Extension in Partnership of Autogrill and Starbucks
10 Years Extension in Partnership of Autogrill and Starbucks

Italian restaurant group, Autogrill and US based Starbucks Coffee Company has announced an extension of 10-years in their partnership. Autogrill group and Starbucks have planned to open another 120 new outlets. The more outlets will be opened at airports and highways.

According to a partner’s statement, Autogrill and Starbucks have extended their partnership to open and operate new Starbucks locations. In the North America, 120 new Starbucks locations will be launched.

The statement added that the relations of the two companies have strengthened with the extension in their partnership by 10 years.

The Autogrill is operating more than 360 Starbucks all over the world. In addition to it, another 120 Starbucks locations will be operated in the North America within next 10 years.

The revenue generated from the current locations is above $450 million which means 340 million Euros in the last year.

Autogrill and Starbucks are also planning to work in collaboration to experiment with new concepts and ideas of sale.

Meanwhile, with the shareholder proposals, Starbucks have decided to keep a track that how many customers use disposable cups in comparison to ceramic cups.

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