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Starbucks remains the world’s largest coffee chain, but the Seattle-based company has reported five straight quarters of declining sales at U.S. stores open at least a year, amid growing competition ...
That change is expected to being within the new fiscal year which kicks off on October 1. As for those in a remote work ...
Over the last few years, Starbucks pulled out 30,000 comfortable seats, installed hard wooden stools, blocked electrical outlets and turned stores into takeout counters for customers picking up ...
China's largest coffee chain, Luckin Coffee, opened its first two stores in the United States on Monday, marking its entry into the competitive American coffee market.
Starbucks faces significant challenges from domestic rivals like Luckin Coffee, which attracts customers with cashier-less stores and drinks priced as low as 8.8 to 9.9 yuan ($1.23 to $1.38).
Starbucks CEO Brian Niccol is leading renovations at 1,000 Starbucks stores, or about 10% of its company-owned US locations, over the next year.
Luckin, a China-based coffee company and rival to Starbucks is opening two stores in New York City on Monday.
The changes come after Starbucks took a hit when its baristas went on strike before Christmas, global sales dropped and waiting times in stores grew longer.
Starbucks' Chinese rival Luckin Coffee enters the U.S. market with two New York City locations, expanding beyond Asia where it operates more than 24,000 stores in China and Southeast Asia.
In the U.S., Starbucks recently announced some changes to its menu for the summer. New Frappuccinos hitting stores in July include the Salted Caramel Mocha, Strawberry Matcha, and Brown Sugar ...
Starbucks has unveiled its latest plans to lure customers back inside its stores, choosing to lean into comfort after focusing on convenience. In recent years, the coffee chain has geared its ...