Workers United encourages organisers to seek jobs at coffee chain as company adds to payrolls
Its share of China’s $22bn-a-year coffee market has slid from a peak of 42 per cent to 14 per cent last year
Wall Street nervous about ‘biggest human capital investment’ in coffee company’s history
A targeted sale could brew stronger returns for the coffee chain
US coffee chain explores partnership with outside investor to restore growth amid intense pricing competition
Consumer businesses under pressure from weaker economic backdrop and intense competition
Revitalising an ailing coffee giant will take time and money
Coffee chain to raise spending on baristas as it emphasises labour over gadgets to bring customers back
Footfall drops as economy weakens but chain still hopes to reach 1,000-store goal
Corporate lay-offs are the first for coffee shop chain since 2018
New CEO’s turnaround plan includes a potential doubling of its US footprint and effort to revive nostalgia for its heyday
Advances made by AI start-up send stocks tumbling
Coffee chain launches plan to get more paying customers back in stores as it reports fewer transactions
Ally of pioneering former leader Howard Schultz announces resignation in a letter on Thursday
Workers launch 5-day protest in Chicago, Los Angeles and Seattle as union and coffee chain remain far apart on pay
Decision comes as chief executive Brian Niccol seeks to turn around sprawling coffee chain
Azoria Partners launches new fund at Donald Trump’s Florida resort
Coffee giant would benefit from a helping hand from a local partner
Buyer of 3 per cent of world’s coffee holds less than $200mn in fixed-price contracts, down from $1bn in 2019
New chief Brian Niccol pledges to simplify ‘overly complex’ menu and return to its coffee house roots
Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and fined
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growth
Technical demands are prompting big companies to take design back in-house while others are pursuing environmental aims
Brian Niccol signals shifts from predecessor’s strategy in first details of turnaround plan
There is a case for the US coffee group to cut back capital spending and slow expansion plans in the country
