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The Nexus
BUSINESSJul 7 · 09:09 UTCTHE RIO TIMESAna Clara Santos

Starbucks Is Growing Again in Brazil After a Messy Collapse

Starbucks plans to open 30 new stores in Brazil in 2026, a 33% increase from its current number. The chain is now operated by Zamp, a Mubadala-backed group managing Burger King in Brazil. The expansion follows the collapse of former partner SouthRock, which went bankrupt in 2023 with $360m in debts.

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StarbucksorganizationBrazilplaceZamporganizationMubadalaorganizationBurger KingorganizationSouthRockorganization$360mtopic
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