The firm's new approach involves upfront investments in store renovation, labor hours, brand marketing, and everyday value in menu price architecture, although it prudently slowed deployment of costly ...

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.

Convenience is essential in successful retail around the globe. Walmart knows this and continues to make significant ...

Starbucks' global same-store sales fell 2%. Global traffic dropped 2%, while there was a 1% increase in the average ticket.

They include low double-digit percentage same-store sales growth at college locations, improved transaction trends in the US ...

Coffee: most of us love it, and now the ultimate coffee war is on between veteran Starbucks and newcomer Luckin.

Starbucks said this week it’s confident that improved store operations and new products — including a cold foam protein drink — will soon help turn around the company’s lagging U.S. sales. In the ...

China can be an intimidating place to visit for many Americans. But the country’s state-of-the-art rail network, efficient ...

Starbucks' strategic pivot in China reflects the complex interplay of market realities and brand strategies, presenting both economic potential and cultural challenges as the company navigates a ...

Luckin Coffee's robust Q2 earnings surge reflects successful resurgence through digital innovation and market expansion, amidst concerns of sustainability and potential market bubble, offering ...

Starbucks has shortlisted about a dozen firms, including KKR, Boyu, JD.com, and Tencent, to explore investing in its China business, sources said. CEO Brian Niccol said the goal is to expand stores ...