News

Starbucks is looking for a local partner to help run its stores in China.CEO Brian Niccol said he believes there will be ...
Starbucks (NASDAQ:SBUX) has reportedly shortlisted about a dozen parties, including private equity firms and technology ...
Starbucks' China business has attracted offers for a potential stake sale, valuing the coffee chain unit at up to $10 billion ...
Luckin Coffee, a Chinese company, has opened its first two stores in New York City in an attempt to challenge coffee giant ...
Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...
As Starbucks works through a global turnaround plan, its China operations once are now the focus of strategic reassessment.
The C.E.O., Brian Niccol, said the coffee chain’s turnaround was in progress, and sales in China increased for first time in ...
Starbucks reported a higher than expected revenue rise for the third quarter, with improved demand in China, menu changes and ...
Starbucks' global same-store sales fell 2%. Global traffic dropped 2%, while there was a 1% increase in the average ticket.
With a staggering 20,000 stores across the globe, Luckin Coffee, which hails from China, is looking to expand. The brand – ...
But Starbucks' 17-year relationship with China hasn't been one long honeymoon. In 2013, state television attacked the company for charging more for drinks in China than it does in other countries.