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Starbucks Spending More Bucks to Open 1,300 Stores

Spencer Platt/Getty Images(SEATTLE) -- Starbucks announced on Thursday that they plan to open 1,300 stores across the globe next year, with about 600 in the Americas.

The Seattle-based coffee giant already has 18,000 stores in 61 countries.

All these new openings are an outgrowth of Starbucks' success in recent times.  During the fourth-quarter that ended on Sept. 30, revenue was up by 11 percent to establish a three-month record of $3.4 billion.

Copyright 2012 ABC News Radio

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