The Xiamen-based mostly espresso chain opened 1,167 web-sites in China during its initially quarter to attain 9,381, averaging 13 new merchants a working day all through the period Luckin Coffee opened 1,167 websites in its 1st quarter to get to 9,381 stores | Picture credit: by using Shutterstock Luckin Coffee […]
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Starbucks And Luckin: Well-Positioned For Secular Growth Trends, Global Re-Opening
TShum/iStock via Getty Images About a year ago, I wrote an article covering the growing specialty coffee market. In this article, I will zero in on the fast-growing retail segment and the two leading players — Starbucks Corporation (NASDAQ:SBUX) and Luckin Coffee (OTCPK:LKNCY). Overview Coffee consumption—the headlines We see headlines […]