Published October 19, 2015 11:18am EDT | Updated October 19, 2015 4:05pm EDT

Starbucks Partners With Rewe, Expands In Germany

Starbucks Corp. has partnered with Cologne-based food retailer Rewe, expanding its presence in Germany, the company said Monday. Starbucks will open stores in Rewe supermarkets in cities across the country in 2016. Starbucks currently has 159 cafes in Germany while Rewe has more than 3,000 markets there. Starbucks stock is up 48.8% for the year so far. The S&P is down 1.4% for the same period.