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Starbucks (NASDAQ:SBUX) has reportedly shortlisted about a dozen parties, including private equity firms and technology ...
The chain is looking for a local partner to help run its stores in China as it looks to open "thousands" more outlets there ...
Luckin overtook Starbucks as China’s largest coffee chain by store count and revenue two years ago. The company is now challenging its US rival on home turf.
Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...
By Savyata Mishra (Reuters) -Starbucks beat Wall Street estimates for third-quarter revenue on Tuesday, as steadying sales in ...
Luckin Coffee, a Chinese company, has opened its first two stores in New York City in an attempt to challenge coffee giant ...
As Starbucks works through a global turnaround plan, its China operations once are now the focus of strategic reassessment.
They include low double-digit percentage same-store sales growth at college locations, improved transaction trends in the US ...
Starbucks' global same-store sales fell 2%. Global traffic dropped 2%, while there was a 1% increase in the average ticket.
The coffee chain is piloting a new store design, simplifying its menu, and trying other tactics to bring back customers.
Discover insights into Starbucks' Q3 earnings expectations. Analysts foresee challenges in same-store sales, China margins, ...
Luckin overtook Starbucks as China’s largest coffee chain by both store count and revenue two years ago, capitalising on a slowing economy that pushed consumers towards lower-cost alternatives. It ...
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