Starbucks is creating an entirely new position to fix its China problem. For years, the U.S. coffee chain enjoyed success as Chinese consumers, optimistic about China’s economic prospects ...

Starbucks’ arrival in 1999 marked a turning point as China’s nouveau riche began to embrace coffee. The Seattle-based chain has been investing ... By 2021, there were more than 1 million ...

For U.S.-based observers, the story ended there. But Luckin restored ... Luckin and Cotti’s gain is Starbucks’ loss. China has been a key growth market for the U.S. coffee chain as Chinese ...

Starbucks is losing ground in the U.S. and facing increased competition in China. Heard on the Street editor Spencer Jakab explains what’s at stake for the company if it doesn’t succeed in China.

The coffee chain Starbucks’ latest policy to bar non-paying visitors at its North American outlets has prompted a heated discussion on social media in China. On January 13, the US chain ...

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 ...

Luckin Coffee is already giving Starbucks a run for its money in China. Now, it’s hoping to take the fight for coffee drinkers to a new international market. The Chinese coffee giant opened two ...

It also reflects that there's money in the system — but Chinese consumers are just really not that keen on dropping their hard-earned cash at Starbucks or Gucci. China's economy is facing ...