Using expired food raw materials, well-known brands were fined millions of yuan

According to the Tianyancha App, recently, the Wuxi Zhenze Road store and wuxi Changxing Building store of Shanghai Starbucks Coffee Operation Co., Ltd. were confiscated by the Wuxi Xinwu District Market Supervision and Administration Bureau and fined more than 690,000 yuan and 670,000 yuan respectively for using expired food raw materials and operating expired food by tampering, replacing and tearing up the shelf life labels of the prepared food raw materials; and wiping the towels on the food contact surface failed to achieve special use.

Meanwhile, in the first quarter of fiscal 2022, Starbucks China hit a record high in both the number of new stores and the number of new cities entered, with a record total of 5,557 stores.

Previously, media reporters went undercover in the above two stores to investigate, exposing their expired ingredients to change labels privately, overnight cakes on the shelves and other behaviors, People's Daily once commented: Provide expired products, the brand is no longer large and can not be fresh for a long time.

Just recently, Starbucks announced its results for the first quarter of fiscal 2022 (October 4, 2021 to January 2, 2022), with consolidated net income rising 19% to US$8.1 billion (about RMB51.6 billion), a record for the first quarter; global comparable store sales up 13%, GAAP earnings per share of US$0.69, and non-GAAP earnings per share of US$0.72.

For the first quarter ended January 2, 2022, Starbucks China's revenue was US$897.2 million (about 5.7125 million yuan), down slightly by 2% year-on-year; same-store sales fell by 14%, of which transaction volume fell by 6% and customer unit prices fell by 9%,; excluding the 4% impact of the previous year's value-added tax incentives, same-store sales fell by 10%.

Text/Guangzhou Daily, Xinhuacheng reporter Tu Duanyu

Source: Guangzhou Daily