Luckin Coffee Inc., the Chinese chain that overtook Starbucks back in its home market, is turning up the heat with the opening of its first US locations in New York on Monday. The move to open two New ...

Starbucks CEO Brian Niccol was promised the ability to work remotely when brought in from Chipotle. Company employees won't ...

Luckin Coffee, a rival of Starbucks in China, has just opened its first U.S. store. Starbucks investors are nervous about its ...

China's largest coffee chain Luckin Coffee opens its first stores in New York with high-quality coffee at affordable prices and mobile-first service ...

Luckin Coffee, Starbucks competitor and China's largest coffee shop, expands to New York; will Luckin come to New Jersey?

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.

Surprise closure of NYC Starbucks sparks pro-union protests as 7 activists end up cuffed and in a latte trouble By . Nicole Rosenthal. Published Jan. 28, 2025, 5:48 p.m. ET.

Revenue in China remained unchanged from fiscal 2022 to fiscal 2024, hovering at about $3 billion. Starbucks has been hurt by competition, most notably Luckin Coffee, which ended its fiscal 2024 ...

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.

Starbucks typically charges between 30 and 40 yuan ($4.20 to $5.60) for a 16-ounce drink, including Americanos, flat whites, flavored lattes, teas, and Frappuccinos, according to its website.