Starbucks opens first new café in Puerto Rico since Hurricane Maria

Starbucks Corp. has opened the company’s first new store in Puerto Rico since Hurricane Maria struck the island in September. The new café, the 25th on the island, is at the Metropolitan University campus of Ana G. Méndez University system in Cupey. “As we open our doors at UMET, and slowly begin to reopen all other stores across the island, we remain fully committed to our growth plans in the market as we work to create local jobs, serve our customers, and support the region’s coffee producers,” said Michael Conway, executive vice president for Starbucks Licensed Stores in the Americas. Starbucks shares are up 4.4% for the year so far while the S&P 500 index is up 20.1% for the period.

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