Starbucks faces significant hurdles in China, which mirrors McDonald's past struggles about a decade ago. If history is of ...

The chain is looking for a local partner to help run its stores in China as it looks to open "thousands" more outlets there ...

According to market research institute Mintel Group China, both Starbucks and Luckin have reported strong growth in the ...

A fast-growing coffee chain from China is challenging Starbucks' global dominance with cheaper prices and a unique approach ...

By Savyata Mishra (Reuters) -Starbucks beat Wall Street estimates for third-quarter revenue on Tuesday, as steadying sales in China and investments in labor, store operations and menu innovation ...

With a staggering 20,000 stores across the globe, Luckin Coffee, which hails from China, is looking to expand. The brand – ...

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 coffee chain is piloting a new store design, simplifying its menu, and trying other tactics to bring back customers.

Starbucks is considering a partial or full sale of its China business, with a recent news report suggesting that it could be valued at up to $10 billion. However, analysts caution that this may be ...

Starbucks (SBUX) is said to have introduced free “study rooms” at select locations in China, marking its latest effort to attract more customers amid intensifying domestic competition in its ...

Shares of Starbucks have risen more than 1% this year. The company has a market cap of about $106 billion. Starbucks is expected to report its fiscal third-quarter earnings after the bell on Tuesday.

China’s Luckin opened its first stores in New York, showing off its mobile app and low prices, areas where Starbucks has ...