Urgent.News

What's breaking now, across thousands of outlets.

Tech

SPC Expands Paris Baguette in U.S. as North American Business Enters New Growth Phase

SPC Group is accelerating the expansion of Paris Baguette in North America, moving beyond store growth to establish a broader business structure encompassing local production, distribution and profitability.Paris Baguette has surpassed 300 stores in the United States, marking another milestone in SP

SPC Group is accelerating the expansion of Paris Baguette in North America, transitioning from a store growth focus to establishing a broader business structure that includes local production, distribution, and profitability. Paris Baguette has surpassed 300 stores in the United States, contributing to SPC's goal of operating 1,000 stores across North America by 2030.

The U.S. operation recorded roughly 30% sales growth last year and posted a profit, indicating that the market is developing into a more established overseas business for SPC. The company is now investing in local production infrastructure, developing a bakery manufacturing facility in Johnson County, Texas, which is expected to serve as a production and supply hub for Paris Baguette stores across North America.

Brief written by urgent.news from Korea IT Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at koreaittimes.com →

More in Tech

More from Monday 28 September →