Starbucks (NASDAQ:SBUX) has reportedly shortlisted about a dozen parties, including private equity firms and technology ...

Luckin Coffee, a Chinese company, has opened its first two stores in New York City in an attempt to challenge coffee giant ...

Starbucks is looking for a local partner to help run its stores in China.CEO Brian Niccol said he believes there will be ...

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

As Starbucks works through a global turnaround plan, its China operations once are now the focus of strategic reassessment.

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

Starbucks' China business has attracted offers for a potential stake sale, valuing the coffee chain unit at up to $10 billion ...

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 ...

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

Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...

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