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China, Starbucks and KKR & Co

Starbucks is struggling to grow sales in China. Here's why

Starbucks is facing competition from lower priced alternatives while the Chinese consumer is under increased economic pressure.

Business Insider · 1d

KKR and Rivals Compete for a Stake in Starbucks China

KKR & Co (KKR) and its Asian rivals, such as FountainVest Partners and PAG, are reportedly competing to acquire a stake in Starbucks’

EconoTimes · 1d

Starbucks Eyes China Stake Sale Amid Sluggish Growth and Rising Competition

Starbucks (NASDAQ: SBUX) is reportedly exploring the sale of a stake in its China business as it grapples with declining sales in its second-largest market. Private equity giants KKR Co (NYSE: KKR), Fountainvest Partners,

Reuters on MSN · 1d

Exclusive-KKR, Fountainvest and PAG among those eyeing Starbucks China stake, sources say

KKR & Co, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks' China business, four sources said, as the U.S. coffee chain looks to revive flagging sales in its second-largest market.

Seeking Alpha on MSN · 1d

Starbucks eyes selling a stake in its China business

Starbucks (NASDAQ:SBUX) is reportedly exploring options to sell a stake in its China business, with several buyout firms and Chinese companies showing interest. Sources told Reuters that KKR & Co (KKR),

Starbucks to Lay Off 1,100 Corporate Employees

LA Times on MSN · 2d

Starbucks lays off 1,100 corporate employees as coffee chain streamlines

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and Chief Executive Brian Niccol streamlines operations.

USA TODAY on MSN · 1d

Starbucks laying off 1,100 corporate workers this week, CEO Brian Niccol announces

Starbucks will lay off 1,100 non-retail employees as Brian Niccol, the new CEO of the Seattle-based coffee chain, aims to streamline operations.

Fortune · 2h

Starbucks is slashing menu items and laying off 1,000+ workers

Starbucks CEO Brian Niccol announced the company will eliminate 1,100 corporate roles and “several hundred” additional open and unfilled positions in an attempt to “create smaller, more nimble teams.”

7hon MSN

How Starbucks lost its grip on China

Starbucks' revenue growth has stalled in China over the past three years. The country's economic slowdown has put pressure on ...

A 'Grande' Starbucks Special Situation

Starbucks' focus on restoring its coffeehouse vibe under CEO Brian Niccol's leadership could lead to a turnaround and a 25% ...

PBS2d

Starbucks lays off 1,100 corporate employees with intent to ‘operate more efficiently’

In China, its second-largest market, Starbucks faced growing competition from cheaper rivals. Starbucks shares were flat in premarket trading Monday.

Starbucks, Super Micro Computer, Alibaba: Market Minute

Yahoo Finance's Julie Hyman takes a closer look at Monday's trending stocks in today's Market Minute. Starbucks (SBUX) ...

10h

Wake Up And Smell The Coffee: Starbucks Appears As A Re-Heated Beverage

Starbucks faces challenges with job cuts, high valuations, and shifting consumer trends. Learn why I think that SBUX stock ...

4 big risks to Starbucks stock after its hot run

It may be time to book profits in the piping-hot shares of coffee giant Starbucks . Starbucks stock has gained 15% in the ...

Irish Star on MSN5d

Starbucks set to expand in China and Middle East after boycotts affect revenue

After Starbucks CEO called the boycotts 'unfortunate' he revealed the chain has plans to expand to the Middle East and China ...

End to coffee price war on horizon

Luckin Coffee, China's largest coffee chain that became highly popular after it priced a cup at just 9.9 yuan ($1.36), has ...

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