Lu Jin, co-founder and CEO of Luckin Coffee, revealed at the 2025 Xiamen Entrepreneurs Day conference that the company is actively working to return to the main board of the US stock market under the guidance of the Xiamen Municipal Party Committee and Municipal Government. This chain coffee brand, which listed on Nasdaq in 2019 and was forced to delist in 2020 due to financial fraud, has undergone five years of comprehensive restructuring. Today, its store count has surpassed 20,000, overtaking Starbucks China, with a market value of approximately US$10.9 billion. In July this year, Luckin opened two stores in New York, sparking market speculation about its return to the United States. Meanwhile, Bloomberg reported that its largest shareholder, Centurium Capital, is considering bidding for the British brand COSTA, a move seen as helping to bolster Luckin's globalization narrative. [more…]

Recently, Starbucks was reported to have filed multiple trademark registration applications with the Russian Federal Intellectual Property Office, covering core brand identifiers such as "Starbucks Coffee" and "Frappuccino," as well as related categories including instant coffee, beverage preparation, and membership management. This move quickly sparked speculation about whether the company plans to return to the Russian market. After exiting Russia in 2022, Starbucks' assets in the country were acquired by a local company and rebranded as "Stars Coffee," and a trademark legal dispute between that brand and Starbucks still persists. Over the past two years, Russia's coffee market has undergone significant changes, with intensified competition, shifting consumer habits, and continued uncertainty in the political and economic environment. Even if Starbucks returns, it may not be smooth sailing. So far, there has been no official response. [more…]

Starbucks recently filed a trademark registration application with the Russian Federal Intellectual Property Office and has received a registration decision, which may mean that this coffee chain giant will return to the Russian market soon. After the Russia-Ukraine conflict broke out in 2022, Starbucks announced its withdrawal from Russia and closed all 130 stores, and its assets were subsequently acquired by a local company and transformed into Stars Coffee. Now, as the international situation changes, the possibility of Starbucks re-entering Russia is increasing, and this development has also put Stars Coffee, which took over its original business, in an awkward position. [more…]

Heytea's popular bayberry series has recently made a high-profile return, but its affiliated company was fined 450,000 yuan by the Shanghai Baoshan District Market Supervision Administration for advertising content that did not match the actual situation. The incident stemmed from a report half a year ago. After investigation, the product involved was found to have false publicity regarding the origin of raw materials, ingredients, and promised information. The penalty quickly trended on Weibo, sparking widespread discussion among netizens about the chaos in beverage industry advertising. This article will recount the course of the incident and explore the balance between corporate integrity and consumer trust in the new catering era. [more…]

On September 9th, Brian Niccol officially took over as CEO of Starbucks. Facing two consecutive quarters of performance pressure and fierce competition from local brands like Luckin in the Chinese market, he released his first open letter, "Back to Basics," the day after taking office. In the letter, Niccol admitted that Starbucks had strayed from its core, promised to reshape its positioning as a community coffeehouse, and focus on four key areas: baristas, production efficiency, store experience, and more. He also specifically mentioned that the Chinese market is vibrant and requires tapping into its growth potential. Can this "firefighter," who once led Chipotle out of crisis, help Starbucks rediscover its original purpose? Front Street Coffee is following this story with you. [more…]

Robust, once part of a "three-way split" in the drinking water market alongside Wahaha and Nongfu Spring, has recently re-entered the bottled water race with 1-yuan mineral water, drawing market attention. This veteran company, founded in 1989, has seen its presence dwindle after going through twists and turns such as being acquired by Danone and having its brand change hands. Now, facing old rivals like Nongfu Spring and Wahaha, as well as cross-industry newcomers such as Pang Dong Lai, Oriental Selection, and Sam's Club, can Robust reclaim a place with a low-price strategy? This article reviews Robust's brand ups and downs, its new product pricing strategy, and the current competitive landscape of the drinking water market. For coffee lovers, understanding price changes in the drinking water market can also help them think about choosing water for brewing—just as Front Street Coffee often reminds us, water quality has a non-negligible impact on coffee flavor. [more…]

Starbucks is deeply associated with milk-based coffee drinks like lattes and cappuccinos, but it once also owned a juice brand called Evolution Fresh. Recently, Starbucks officially announced that it would sell the brand to Bolthouse Farms, allowing it to concentrate more resources on growing its coffee beverage business. The deal involves nearly 300 employees and is expected to be completed later this year. From a high-priced acquisition in 2011 to its resale now, the fate of Evolution Fresh reflects Starbucks' strategic swings under different leaders. This article will sort through the ins and outs of this sale, and how Starbucks, after Schultz's return, is refocusing on the U.S. coffee market and responding to the wave of unionization. [more…]

After a long period of silence, Luckin Tea has recently returned to the public eye with a brand-new posture, but this time it did not appear as an independent brand. Instead, it has been reintegrated as a product line within Luckin Coffee stores. At the same time, without prior announcement, Luckin quietly raised the delivery drink prices at some stores by about 2 to 3 yuan, triggering widespread discussion among consumers on social platforms. The company responded that this move is a refined management measure based on differences in store operating costs, involving more than 800 stores in 11 cities. From an independent brand to a returning product series, from price adjustments to changes in operating strategy, what market considerations are revealed behind this series of moves by Luckin Coffee? [more…]

Starbucks currently operates under a fully company-owned model in China and has not opened third-party franchising, but in recent years it has been accelerating its expansion into lower-tier markets. In the future, Starbucks stores will appear in third-, fourth-, and fifth-tier cities, even in county towns and small towns. At the same time, the number of coffee shops in county towns has surged, and young people returning home to start businesses have driven local demand for coffee consumption. Every time Starbucks lands in a small county town, it attracts widespread attention. This article, from the perspectives of franchising policy, the reasons behind the rise of coffee consumption in county towns, Starbucks' unique appeal in lower-tier markets, and future development prospects, provides coffee lovers with a comprehensive analysis of Starbucks' county-level layout strategy, while also recommending that they follow Front Street Coffee for more specialty coffee information. [more…]

In the past three years, the pandemic kept many people from going home for the holidays, and the Lunar New Year atmosphere in their hometowns faded a lot as a result. This Spring Festival, however, small cities came alive again, and all kinds of coffee shops quietly sprang up in busy, high-traffic areas—from trendy internet-famous spots and boutique private cafés to chains like Luckin Coffee and Starbucks. Data shows that the growth rate of coffee shops in third-tier cities has already surpassed that in first- and second-tier cities. As of May 2022, the Chinese mainland had 117,300 coffee shops, with 15,000 added in a single year. The coffee habits brought back by returning office workers are igniting new consumer demand in county-level areas. Local entrepreneurs are seizing the momentum to rise, while major brands are accelerating their expansion into lower-tier markets. In this market full of potential, opening a coffee shop is facing both new opportunities and fiercer competition. [more…]

Recently, news that Mixue Bingcheng might start selling breakfast has blown up on social media, with related topics shooting straight to the top of trending searches. It started with a questionnaire circulating in community groups and on WeChat Moments, plus a "breakfast series" of dairy products quietly appearing in the mini-program, priced at just 5 yuan on average. Netizens shouted "Snow King has brought the prices down" while enthusiastically ordering fried dough sticks and spicy soup. Longtime fans even dug up the brand's origin story, saying this isn't a crossover at all—it's a return to its old trade. However, people in the know say it's currently only a small-scale trial in a few cities, with no intention of a broad rollout for now. [more…]

As China's pandemic prevention and control policies are optimized and adjusted, the order of production and daily life is gradually being restored across the country, economic vitality is being unleashed anew, and foreign-funded enterprises are benefiting from it—the coffee chain giant Starbucks is a typical example. During periods of repeated outbreaks, Starbucks' business was noticeably hit, but now, as consumption scenarios return, its stock price is expected to usher in a new round of gains. Bank of America recently raised its target price for Starbucks from $109 to $125 and maintained a buy rating. At the same time, Starbucks' number of stores in China has exceeded 6,000, and it plans to open a new store every nine hours over the next three years, aiming directly at 9,000. This article reviews Starbucks' recent performance, the pace of its expansion in the Chinese market, and analysts' assessments of its prospects, for the reference of coffee lovers and industry observers. [more…]

For many years, single-origin coffee has been practically synonymous with specialty coffee; from coffee shops to the World Coffee Championships, single-origin beans have been highly revered. However, over the past year, the global specialty coffee market and top competitions have quietly shifted direction, and high-quality blended coffee beans are returning to the spotlight. Behind this shift are both the practical pressures of climate and transportation costs and consumers' fundamental demand for stable, balanced flavors. This article will examine, from the perspectives of market trends, competition cases, and blending expertise, why the specialty coffee world is no longer blindly pursuing single origins, and how blended coffee is shedding its low-quality label to become the industry's new focus. [more…]

Luckin Coffee founder Lu Zhengyao has made another move, planning to launch a new coffee brand called Cotti Coffee, drawing industry attention. Cotti Coffee has Wang Baiyin as its legal representative, but Lu Zhengyao is said to be the actual operator. The brand name derives from the Italian biscuit Biscotti, symbolizing a combination of coffee and leisure. Cotti Coffee plans to adopt two models, standard stores and mini stores, offering all-day dining services covering coffee, meals, snacks and alcoholic drinks, intending to combine the strengths of Luckin and Starbucks and open up a new track. Whether Lu Zhengyao's comeback will succeed this time is worth anticipating. [more…]

Starbucks founder Howard Schultz has returned as CEO following Kevin Johnson's retirement, facing multiple challenges including the U.S. unionization movement, food safety controversies in the Chinese market, and damage to the brand's image. At the 2022 annual shareholders meeting, Starbucks announced plans for equipment upgrades, beverage innovation, employee pay raises, and store expansion. This article will examine Schultz's transformation strategy after his return, analyze whether he can lead Starbucks out of its difficulties in just half a year, and explore the competitive pressures in the Chinese market. [more…]

Starbucks' legendary founder Howard Schultz recently made it clear that he will completely step away from the CEO role, will not return, and fully supports the new leader, Laxman Narasimhan. Narasimhan will officially take office on October 1, and he candidly described the process as a "structured immersion" that gave him a valuable learning opportunity. Schultz, meanwhile, will remain on the board and serve as a long-term advisor, helping to safeguard Starbucks' future. At the same time, Starbucks is facing multiple challenges, including rising global costs, a sharp decline in same-store sales in China, and intense competition from local brands. How the new chief will lead the world's largest coffee chain in responding to these changes is worth watching. [more…]

Recently, foreign media reported that Luckin Coffee is planning a listing in Hong Kong, sparking widespread market attention. In response, Luckin officially responded quickly, emphasizing that management remains focused on business strategy and product services, and that there are currently no arrangements for a Hong Kong listing, with the company still committed to the U.S. stock market and creating long-term value for shareholders. Looking back at Luckin's development trajectory, from its 2019 Nasdaq listing, to the 2020 financial fraud scandal and trading suspension, to completing debt restructuring in 2022, doubling revenue, and surpassing Starbucks China in store count, this brand has demonstrated astonishing self-rescue capabilities. This article will review Luckin's listing turmoil, the details of its settlement, and possible paths for its future return to the capital market, while also exploring the impact of intensifying competition in the domestic coffee market on its prospects. [more…]

After leaving Luckin, Lu Zhengyao went through two not-so-successful food and beverage ventures, Qu Xiaomian and Shejian Yingxiong, before ultimately returning to the coffee battlefield he knows best. The first store of the brand-new COTTI COFFEE has officially opened in Fuzhou IFC, offering all-day dining that covers coffee, baked goods, light meals, and alcoholic drinks. The core team mostly comes from Luckin and the Shenzhou system, and the legal representative has been changed to former Luckin CEO Qian Zhiya. On the occasion of the first store's opening, Cotti also announced that it has become the China sponsor of the Argentina national team. Whether this highly anticipated coffee rookie can become Lu Zhengyao's comeback work, and whether it can add another major player to China's coffee market, is worth continued attention. [more…]

Starbucks recently announced an adjustment to its pricing strategy, abandoning its previous low-price promotional approach. CEO Brian Niccol explicitly stated the need to fundamentally change the business direction, and the North American market has already taken the lead in canceling buy-one-get-one-free and half-price offers. Meanwhile, some consumers have noticed that the 19-yuan breakfast combo, which had been off the menu for over a year, has quietly reappeared on delivery platforms. This combo was originally created during the pandemic, pairing a staple food with freshly steamed milk. Thanks to its high cost-performance ratio, it became popular among office workers in first- and second-tier cities and was jokingly called the "broke loser set meal." However, this return is limited to delivery channels only, and a minimum-order threshold has been set so that the combo cannot be delivered on its own—consumers must add extra items to place an order. This rule quickly sparked discussion on social media. This article will sort out the background of Starbucks' pricing strategy adjustment, review the origins and development of the 19-yuan breakfast combo, and present the diverse reactions of consumers to this comeback. [more…]

Starbucks has been exploring ways to reduce single-use cup usage in recent years, from deposit cups in the South Korean market to cup borrowing programs in Europe and the US, but none have achieved the expected results. Now Starbucks has launched Plan C—introducing dedicated cup-washing machines in stores, where customers can wash their cups themselves after finishing their coffee and take them away, though a deposit is still required. The program will first be tested at Arizona State University and select stores in Hawaii. Meanwhile, Starbucks mainland China has fully switched to paper straws and sippy lids, reducing approximately 200 tons of plastic annually. Whether the environmental path can meet its 2025 targets remains to be seen. [more…]