News

As megacities slow, multinationals from Starbucks to Skechers are chasing growth in China’s inland cities, where brand ...
Melius Research cited concerns about operational efficiency and the coffee chain’s efforts to revive its brand.
Bernstein analysts say Starbucks (SBUX, Financials) might be brewing a bold move; selling its China business for as much as $10 billiona step that could help turn things around for the struggling ...
Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...
Starbucks' comparable sales in China are slumping, with a 14% drop in the most recent quarter. Its then-CEO put it down to weak consumer spending and a coffee store "price war" in a July investor ...
Private equity firms bid up to $10 billion for a stake in Starbucks' China business, amid competition and declining market ...
Starbucks considers partial sale of China business amid falling market share and rising local competition, with valuation ...
As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have chipped into its market share, the coffee chain is increasingly being dragged into a price ...
The chain is selling Frappuccinos and iced teas in the summer for as low as $3.20.
Starbucks China CEO Belinda Wong told analysts Tuesday that amid slower ticket growth and a cautious consumer, the company isn’t interested in a “price war” with fellow beverage chains. Although she ...
Starbucks' China Sales Decline Amidst Intensifying Competition November 19, 2024 — 10:51 pm EST. ... Also, a cup of coffee from Starbucks China usually starts from at least $4.10.
Starbucks China will lower the prices of some of its iced drinks by an average of 5 yuan ($0.70) across the country, the company announced on Monday, as competition intensifies and consumers ...