Regarding the news about the lease expiration of the Starbucks store in Shanghai Xintiandi, according to domestic media quoting a relevant person from Starbucks China, the adjustment and change of business formats in the commercial area and the renewal and upgrading of stores are common in the Retail Trade. Recently, due to the adjustment of the business format in the Xintiandi commercial area, the Starbucks Reserve Xintiandi store will end its lease at the end of this year (31st). At the same time, over ten existing Starbucks stores in the Xintiandi commercial area will continue to provide customers with high-quality coffee.

It is reported that the mainland is Starbucks' largest international market globally, currently having over 7,600 stores covering a thousand county-level markets. Among them, Shanghai has over 1,100 Starbucks stores.