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 ...

Luckin Coffee — which has overtaken Starbucks as China’s largest coffee chain — is brewing up plans to bring its signature low-cost drinks to a new shop in New York City. The Chinese ...

Starbucks is losing ground in the U.S. and facing increased competition in China. Heard on the Street editor Spencer Jakab explains what’s at stake for the company if it doesn’t succeed in China.