Joint venture partner Tata withholds capital until Starbucks shifts to leaner, India-specific model focused on profitability.
Starbucks posts first comparable sales growth in nearly two years while advancing restructuring and China partnership plans.
Starbucks unveils sweeping restructuring plan, cutting corporate roles and closing unprofitable stores to invest in customer-focused innovations.
Starbucks rolls out AI-driven inventory management nationwide, cutting errors and boosting efficiency across thousands of stores.
Luckin Coffee opens first U.S. stores in Manhattan, expanding its global footprint and intensifying competition in the U.S. coffee scene.