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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 Stores
Coffee: most of us love it, and now the ultimate coffee war is on between veteran Starbucks and newcomer Luckin.
Starbucks (NASDAQ:SBUX) has reportedly shortlisted about a dozen parties, including private equity firms and technology ...
Starbucks' global same-store sales fell 2%. Global traffic dropped 2%, while there was a 1% increase in the average ticket.
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 ...
Starbucks is looking for a local partner to help run its stores in China.CEO Brian Niccol said he believes there will be ...
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 ...
As Starbucks works through a global turnaround plan, its China operations once are now the focus of strategic reassessment.
Starbucks' China business has attracted offers for a potential stake sale, valuing the coffee chain unit at up to $10 billion ...
Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...
3don MSN
The ‘Starbucks of China’ has £1.50 drinks and fruit-flavoured coffee — could it be coming to the UK?
With a staggering 20,000 stores across the globe, Luckin Coffee, which hails from China, is looking to expand. The brand – ...
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