Starbucks is planning to open 10,000 new stores in the coming four years, including up to 2,400 new units in 2007. The figure represents an increase of 18% on Starbucks' current stock, and passes the record number of 2,199 new stores opened in 2006. The Seattle-based coffee retailer said that 700 of the new stores will be located outside of the US, namely in Europe and Asia.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
