News

Starbucks (SBUX) has reportedly shortlisted about a dozen parties, including private equity firms and technology companies, ...
Luckin Coffee, a Chinese company, has opened its first two stores in New York City in an attempt to challenge coffee giant ...
The chain is looking for a local partner to help run its stores in China as it looks to open "thousands" more outlets there ...
Discover insights into Starbucks' Q3 earnings expectations. Analysts foresee challenges in same-store sales, China margins, ...
Starbucks' global same-store sales fell 2%. Global traffic dropped 2%, while there was a 1% increase in the average ticket.
Coffee: most of us love it, and now the ultimate coffee war is on between veteran Starbucks and newcomer Luckin.
The C.E.O., Brian Niccol, said the coffee chain’s turnaround was in progress, and sales in China increased for first time in ...
The parties, which include Tencent Holdings and KKR, will get access to Starbucks' China financials so they can craft bids in ...
They include low double-digit percentage same-store sales growth at college locations, improved transaction trends in the US ...
As Starbucks works through a global turnaround plan, its China operations once are now the focus of strategic reassessment.
Starbucks reported a higher than expected revenue rise for the third quarter, with improved demand in China, menu changes and ...
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 ...