Starbucks cools on its aggressive expansion plans in India

A zoom in on a map of India and its states

KeithBinns

Starbucks (NASDAQ:SBUX) has cooled off its expansion plans in India due to consumer spending trends in the nation, according to FT. Notably, middle-class consumers have reduced spending at Starbucks (NASDAQ:SBUX) stores.

The coffee chain giant opened just half of

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