Starbucks may sell major stake in Japan

Starbucks is exploring the sale of a majority stake in its Japan operations, with an estimated value of up to $3 billion, as part of its efforts to restructure its global portfolio. This move comes in an effort to improve performance and focus more on the U.S. market, with the company currently in negotiations with financial advisors to explore options, which may include selling a significant portion while retaining a stake. Japan is Starbucks' largest international market outside the United States and has experienced notable growth in recent years, despite financial challenges and difficulties the company faces in reorganizing its operations. Sources expect the sale process to begin in the fourth quarter of the year, as the company continues to assess its international business structure to enhance profitability and more effectively allocate resources.

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