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

China added 12,000 coffee shops last year, but why are western giants like Starbucks falling behind local upstarts? Campaign ...

Starbucks (NASDAQ:SBUX) has reportedly shortlisted about a dozen parties, including private equity firms and technology companies, for the second round of a process to invest in its China business.

Starbucks Corporation (NASDAQ:SBUX) plans to dole out a 2% raise to all salaried employees in North America this year, ...

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

Western brands have been losing ground to local names amid rising nationalism and reluctance to pay premiums for brands. ...

Starbucks opened 785 outlets in the country in 2023, it said. China has long been one of the most important growth drivers for Starbucks, serving as its second biggest market worldwide and top ...

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

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

Starbucks is reviewing proposals from investors interested in its China business unit. The company is in the process of narrowing down some of the interested investors for a subsequent bidding ...

Starbucks reported a higher than expected revenue rise for the third quarter, with improved demand in China, menu changes and investments in labor and store operations helping to offset slowing ...

Luckin just opened its first stores in New York, showing off its mobile app and low prices—areas where Starbucks has struggled ...