Starbucks got a new CEO, Brian Niccol, this year. In 2025, he'll need to tackle long wait times, a union, and China.
Starbucks surpasses 2,000 stores in South Korea, becoming the third-largest market globally, overtaking Japan in store count.
For years, Starbucks was the dominant coffee chain in China. Now rivals offering local flavors and cheaper prices are crushing the company’s bottom line in its second-largest market. By ...
Starbucks baristas' fast-growing unfair labor practice strike is expected to hit historic levels Tuesday as hundreds of stores nationwide prepare to join walkouts at the coffee giant. The ...
Starbucks has had a tough time in China recently. The company has been outsmarted in growth by its Chinese competition while a struggling Chinese economy has dealt a double blow. As China recovers ...
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 ...
Amid rumors that Starbucks is considering selling off its China business in the face of intense competition from brands like Luckin Coffee, Starbucks China has appointed Tony Yang as its first ...
Starbucks hired its first-ever chief growth officer in China, tasked with luring back young coffee drinkers as the US chain struggles with cheaper local rivals in its biggest international market.
Starbucks Corp. hired its first-ever chief growth officer in China, tasked with luring back young coffee drinkers as the US chain struggles with cheaper local rivals in its biggest international ...
BEIJING, Dec 10 (Reuters) - Starbucks (SBUX.O), opens new tab China has appointed its first Chief Growth Officer (CGO), Chinese media outlet Late Post reported on Tuesday. The media outlet said ...
U.S. coffee giant Starbucks (NASDAQ:SBUX) appointed its first chief growth officer for China operations amid declining sales in its second-largest market after the U.S., Reuters reported ...