Luckin Coffee's first two shops in the US opened in Manhattan on June 30, in Greenwich Village and Chelsea, with one of the ...

The C.E.O., Brian Niccol, said the coffee chain’s turnaround is in progress, and sales in China increased for first time in ...

Starbucks reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in ...

Starbucks (NASDAQ: SBUX) faces its first real competition worldwide due to the growth of Luckin Coffee which has over 24,000 ...

The investments have added costs. Starbucks said its operating profit margin declined by 6.8 percentage points year on year to 9.9 per cent in the quarter that ended in June, driven in part by labour ...

Luckin may have beaten out Starbucks in China, but can it do the same in NYC? We visited one of its storefronts to see if it ...

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

In addition to protein drinks, Starbucks plans to introduce new baked goods and a new dark roast coffee next year.

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.

It’s a lot.” The competition, which takes place during the Starbucks Leadership Experience conference, will be livestreamed on YouTube starting June 9.

Millions of people might be coping with extreme heat, but Starbucks is already getting ready for chilly fall temperatures with its most anticipated annual menu announcement. It could use the boost.