The 420-square-meter (4,521 square feet) store signals how intense the competition in China has become for Starbucks. Back in 2017, the U.S.-based coffee giant chose Shanghai for its second-ever ...

CEO Joey Wat reported that Yum China "delivered solid results once again in quarter 2," achieving record highs in revenue, operating profit, and OP margin for the second quarter. Wat emphasized that ...

CEO Joey Wat highlighted that "Building on our first half momentum, we achieved another solid quarter 3, accelerating store openings, driving growth in both same-store and system sales and expanding ...

Apple Inc. is closing a retail store in China for the first time, marking a notable retreat in a market where the iPhone maker is striving to revive sales. The company said on Monday that it will shut ...

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