Starbucks has been struggling in China. Comparable store sales, a key measure for the restaurant industry, were down 14% in its most recent quarter. China, the world's second-biggest country by ...
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 China has clarified the introduction of new operational guidelines, which require a purchase for its store visits, is specific to the North American market. "In China, we are focused on ...
Retail coffee chain Starbucks (SBUX) has reported fourth-quarter 2024 financial results that beat Wall Street forecasts on ...
Starbucks Corp.’s China chair Belinda Wong will retire Jan. 24, leaving the task of reviving the American coffee chain’s growth in one of the most-competitive markets to a new generation of ...