Starbucks (SBUX) is in one of those rare stretches where nearly everything hits at once, with CEO Brian Niccol’s overhaul ...
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In China, global food giants like Starbucks and Burger King restructure as local competition rises
Once dominant, major international companies have lost ground in the Chinese market and are turning to joint ventures with local players.
Global companies are seeking private equity partners in China to take on their local operations as they grapple with an ...
Starbucks said Monday it is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China. Under the agreement, Boyu will pay $4 billion to acquire a 60% ...
Starbucks will lower prices for several drinks in China, the company announced on Monday, as the cafe chain attempts to accelerate sluggish sales in its largest international market. In a post on the ...
China is the global coffee giant’s second-largest market. Starbucks has reportedly opened discussions with potential buyers regarding is operations in China, but is apparently not planning a full sale ...
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