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flag Starbucks turns profitable in Australia after 25 years by focusing on suburbs, tourists, and iced drinks.

flag Starbucks has achieved its first profitable year in Australia since entering the market 25 years ago. flag 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. flag 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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