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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 ...
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24/7 Wall St. on MSNStarbucks vs. Luckin: U.S. Icon Slows as Chinese Company Surges with 119 New Drinks and 24,000 StoresCoffee: most of us love it, and now the ultimate coffee war is on between veteran Starbucks and newcomer Luckin.
Stories about US-China rivalry often centre on artificial intelligence, trade or defence, but we start today with a different area of competition — that between American and Chinese coffee chains.
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 ...
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 ...
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' global same-store sales fell 2%. Global traffic dropped 2%, while there was a 1% increase in the average ticket.
Discover insights into Starbucks' Q3 earnings expectations. Analysts foresee challenges in same-store sales, China margins, ...
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