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NEW YORK -- Just less than a month after Luckin Coffee opened its two outlets in Manhattan, several storefronts in the bustling office area of midtown and the financial district were quickly ...
The stake sale exercise is underscoring Starbucks' identity crisis in China as it tries to salvage a flagging legacy business ...
Starbucks’ ultimate goal, its CEO says, is to return a community coffeehouse vibe to the world’s largest coffee shop chain.
Starbucks, they argued, should have smaller stores, employ fewer people and cut prices, according to people familiar with a ...