Starbucks lowers prices in China as rivals brew up discount warStarbucks China is set to reduce prices on select iced beverages by an average of 5 yuan, approximately $0.70, amidst escalating competitio...
09 Jun, 2025, 01.42 PM IST
From a Rs 12 ice cream to a giant: How a Chinese tea maker became the world's largest food chain, overtaking McDonald's and StarbucksMixue Bingcheng surpassed McDonald's and Starbucks to become the largest food and beverage chain by store count. Shares jumped over 40 perc...
08 Mar, 2025, 01.24 PM IST
Starbucks' new CEO arrives with more powerNiccol, who is leaving Chipotle Mexican Grill, will become CEO and chairman the moment he joins Starbucks on September 9. By contrast, Laxm...
23 Aug, 2024, 11.34 PM IST
US companies are picky about investing in China. The exceptions? Burgers, lattesAs tensions simmer between China and its Western trading partners, many MNCs are shifting investments to other places, such as Southeast As...
28 Dec, 2023, 04.16 PM IST
'Lovin' it': McDonald's raises China bet, bucking Western firms' derisking trendMcDonald's has taken greater control of its China business and expanded aggressively amid a consumer slowdown and geopolitical tensions. Th...
04 Dec, 2023, 12.50 PM IST
Starbucks brews up cheaper India drinks as domestic rivals expandAlthough Starbucks still dominates in India, rivalry is fizzing in the capital, New Delhi, and the technology hub of Bengaluru, where many ...
07 Jun, 2023, 11.37 AM IST
China's Luckin Coffee to delist from NasdaqLiu has been accused of faking 2.2 billion yuan ($310 million) worth of sales in 2019.
27 Jun, 2020, 01.20 PM IST
Fast-food companies in China step up 'contactless' pickup, delivery as coronavirus ragesMcDonald's has implemented contactless pickup and delivery of Big Macs, fries and other menu items across the China as the outbreak has unf...
17 Feb, 2020, 03.21 PM IST
Tata Global looks to accelerate Starbucks store expansion"This year the number of stores (of Starbucks) has not been as fast as we have had in the past, but I think we were retooling ourselves.
18 Feb, 2016, 06.02 PM IST
Tata beverages to stick to core area 'tea and coffee'; to exploit its full potential"We are not saying that we will not enter into that segment at all. But for the time being, we don't want to lose focus on our core area an...
10 Jun, 2014, 04.29 AM IST
How Starbucks and Cafe Coffee Day are squaring up for control of India’s coffee retailing marketStarbucks, the world's largest coffee retailer and Café Coffee Day, India’s No. 1 chain, square off even as rival chains struggle to keep u...
08 Jun, 2014, 11.47 AM IST
Starbucks goes plush for India, gives its stores a local flavourStarbucks' stores in India don’t fit the global design template — each store has been designed differently, with “local” touches incorporat...
13 Sep, 2013, 02.55 PM IST
- India’s coffee market competition is ferocious: Howard Schultz, Starbucks
We want to win here and we have created a pricing strategy that will be very competitive and put us in a position to succeed, says Howard S...
25 Oct, 2012, 02.46 PM IST
- Starbucks in equal joint venture with Tata Global; to open cafe in India soon
Starbucks Corp, the largest coffee shop co, will open its first cafe in India in Aug through an equal joint venture with Tata Global Bevera...
31 Jan, 2012, 07.12 AM IST
- Starbucks to create a brand around Indian coffee: Starbucks Coffee
After several unsuccessful attempts to enter India, the retailer has signed an MoU with Tata Coffee for sourcing and roasting high-quality ...
15 Jan, 2011, 01.26 AM IST
- Starbucks acquires control of China JV
The Seattle-based coffee chain acquired a 90 per cent stake of Beijing Mei Da.
25 Oct, 2006, 07.10 PM IST
- US retail magic fails overseas
When it comes to selling overseas, the strategies of American retailers don’t always translate.
02 Aug, 2006, 03.18 AM IST