USA: Starbucks plans Mexican outlets by end of 2002
Seattle-based Starbucks Corp has announced plans to open coffeehouses in Mexico by the end of this year, as the start of a plan to build about 900 stores in Latin America by 2005. Company chairman Howard Schultz said that the foray to Mexico marks the multinational's first launch into the volatile Latin American market, after which it will consider entering Argentina, Brazil, Chile, Colombia, Peru, Puerto Rico and Venezuela.
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