Economics and International Affairs Blog
A blog by Vivekanand Jayakumar
Attention Economy
Friday, May 3, 2024
Headwinds Facing Starbucks
Starbucks Is Running Out of Americans to Drink Its Expensive Coffee
https://www.wsj.com/business/starbucks-china-sales-luckin-c5b67b70
The chain is banking on foreigners, especially in China, to buy a lot more of its drinks, but competition is insane.
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