Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s largest coffee chain, Luckin Coffee, is planning to enter the US market and undercut rivals ...
"When we get back to our core identity and consistently deliver a great experience, our customers will come back," Starbucks ...
Barbarians are coming to the gate. Just as Starbucks Corp.’s new Chief Executive Officer Brian Niccol begins to revamp the ...
Starbucks has been promoting China as a growth story for years. But unexpected domestic weakness and a major international ...
In recent years, county-level markets have become the "blue ocean" for coffee consumption in China. Starbucks' continuous expansion demonstrates its confidence in the Chinese coffee market ...
Starbucks EPS declined 25%, led by traffic decline in US and China’s intensifying competition due to price war with major ...
Starbucks China has reported stronger performance from its newly-opened county-level stores compared to those in higher-tier cities, reinforcing its penetration strategy despite a decline in store ...
Starbucks will stop selling the olive oil-infused coffees it debuted last year. Bloomberg first reported Tuesday that the coffeehouse chain plans on "saying goodbye" to the Oleato coffee drinks ...
Four years on, Luckin is roaring back. It has emerged as China’s biggest coffee chain, overtaking Starbucks in sales and number of stores. Meanwhile, at Starbucks, revenue plunged for the third ...
Starbucks blamed poor sales in China on the competitive environment there. Now one of those competitors aims to come to the United States.
People visit the booth of Starbucks at the China International Supply Chain Expo (CISCE) in Beijing, capital of China, Nov. 28, 2023. [Photo/Xinhua] Starbucks has set new records by opening 790 ...