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Starbucks (NASDAQ:SBUX) broke higher in Monday trading after the U.S. and China agreed to lower tariffs. Investors may be ...
Starbucks CEO Brian Niccol faces new challenges as Chinese coffee chains like Luckin and Chagee expand into the US market.
Starbucks has expanded delivery in China to 1,100 stores, a sophisticated program that the Seattle-based coffee company could replicate in the U.S. “If I look at some of things we are innovating ...
In a report addressed to shareholders Thursday, Starbucks said that same-store sales dropped 78% in China this February, as 10% of stores in China still remain closed. The worst week was the ...
In a highly competitive coffee chain market, Starbucks China has expanded its focus from its traditional "third place" philosophy — positioning its stores as a comfortable space between work and ...
Meanwhile, Niccol said Starbucks remains committed to growing its China business over the long term. Overall revenue rose 2% to $8.72 billion as it continues to increase its store base.
Starbucks China is using mobile advertising to encourage users to check-in on the social network Jiepang as part of a holiday-themed promotion. Chinese users who check-in at locations in China can ...
A new Yunnan province coffee-bean farm marks the first time Starbucks will grow its own coffee, as the U.S. chain eyes further expansion in China. Video courtesy of Reuters.
Starbucks China on Tuesday has unveiled its sugar-free flavored coffee products across more than 7,600 stores nationwide, allowing health-conscious customers to have greater control over the ...
The partnership allows WeChat users to gift Starbucks orders and gift cards through the mobile app. WeChat is one of China’s most popular apps and Starbucks’ integration into it is a sign of a ...
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