China, the world's second-biggest country by population, is a crucial market for Starbucks. The coffee giant has more than 7,300 stores there, nearly 20% of its total footprint — making China ...

Starbucks plans to increase its store numbers by 50 percent to 9,000 stores by 2025 in China－its second-largest market－as well as double its sales and quadruple its operating income through ...

The company was once so bullish on its China growth that former CEO Howard Schultz even stated that the country might one day be a larger market for Starbucks than the U.S. While China is still ...

And it’s likely that China will show outsized growth beyond 2025. Reason enough to take a closer look. I think that despite rising competition, Starbucks will continue to gain market share in ...

SHANGHAI, May 27 (Reuters) - As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have chipped into its market share, the coffee chain is increasingly ...

Sales in North America rose 10% but tumbled 13% internationally, largely due to an eye-popping 28% decline in China. Starbucks also missed on earnings per share, reporting 75 cents after analysts ...

which has rapidly gained market share with more affordable offerings. Starbucks saw its same-store sales in China shrink by 14% in the fiscal fourth quarter ending September, surpassing its global ...

By offering affordable coffee and leveraging mobile ordering technology, Luckin Coffee is competing for a larger market share in China, Starbucks’ second-largest market after the U.S. In this ...

Starbucks struggles with weak growth, rising costs, and competition. Click here for a full investment analysis of SBUX stock.

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 ...

China is Starbucks' second-biggest market but analysts question how well its format works in China. Starbucks has been struggling in China. Comparable store sales, a key measure for the restaurant ...