News

Irish Star on MSN22h
Starbucks' rival opens locations in New York with plans to grow
Luckin Coffee's first two shops in the US opened in Manhattan on June 30, in Greenwich Village and Chelsea, with one of the ...
Starbucks CEO Brian Niccol talks Q3 earnings, turnaround strategy
Starbucks (SBUX) posted mixed third quarter results. Revenue topped estimates, but adjusted earnings fell short. CEO Brian ...
Starbucks Faces Huge Competitor
Starbucks (NASDAQ: SBUX) faces its first real competition worldwide due to the growth of Luckin Coffee which has over 24,000 ...
Luckin Coffee: We Tried Starbucks' Biggest Rival As First US Location Opens In NYC
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 ...
Starbucks still struggling as coffee giant’s same-store sales drop for 6th straight quarter
Starbucks reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in ...
Starbucks Faces a New Rival That Won’t Let Up
China’s Luckin opened its first stores in New York, showing off its mobile app and low prices, areas where Starbucks has ...
China’s Luckin Coffee is taking on Starbucks in its home turf — and this time, it’s personal
The Chinese coffee giant returns from scandal to launch a bold US comeback, starting just feet away from a Starbucks in NYC.
Wall Street sees Starbucks comeback taking hold, even after another lackluster quarter
But while many analysts presented a bullish case for the company's turnaround, not all investors are sold on Niccol and his ...
Malay Mail8h
Starbucks shares rise as CEO Niccol’s turnaround plans gains traction
Starbucks shares rose over 4 per cent before the bell on Wednesday as the coffee chain’s quarterly strong sales beat signaled ...
Starbucks launches free study rooms in China to lure back customers
The rooms are Starbucks's latest initiative in China this year as it tries to revive sales growth amid stiff competition from ...