STARBUCKS TO INVEST $1BN IN STORE REFITS TO CREATE 'COMMUNITY LOUNGE' ATMOSPHERE

Starbucks has committed $1 billion to a major overhaul of its cafes, aiming to transform them into more inviting 'community lounges'. The investment is a key part of the coffee giant's strategy to lure customers back for longer stays and drive sales growth. This approach contrasts with rivals who are increasingly focused on speed and grab-and-go service.