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Starbucks turns profitable in Australia after 25 years by focusing on suburbs, tourists, and iced drinks.
Starbucks has achieved its first profitable year in Australia since entering the market 25 years ago.
After closing 60 stores and laying off 700 employees, the company pivoted by focusing on suburban and regional areas, targeting international travelers, Asian tourists, and students.
The success is partly attributed to a growing demand for iced drinks and a diversified menu, aligning with Gen Z preferences.
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Starbucks se vuelve rentable en Australia después de 25 años al centrarse en los suburbios, los turistas y las bebidas heladas.