Business · Companies · 33 mins ago

Starbucks shifts its China strategy from store growth to quality

Starbucks shifts its China strategy from store growth to quality

Starbucks is changing how it competes in China, where it has shifted operations to a joint venture with a local investment fund.

The company is moving away from a race to open more stores against rival Luckin Coffee.

Instead, it plans to compete through higher-quality stores rather than scale or price.

Renovations are part of the effort to improve the appeal of its locations.

Starbucks is also introducing a customers-only seating policy.

The changes are intended to help the chain make its stores more appealing to customers.

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