Starbucks eyeing up McDonald's position as world’s most valuable restaurant chain
Starbucks could be poised to overtake McDonald’s as the world’s most valuable restaurant chain in the coming years, according to a senior Wall Street analyst.
Last month the coffee chain, which is already the second largest US restaurant chain by market capitalisation, announced ambitious growth plans to open almost 50% more stores by 2021, a goal which may make it the first restaurant chain in decades to take the Golden Arches’ crown.
Starbucks has endured mixed fortunes as of
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