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How Chinese coffee chains like Luckin and Cotti are rising during inflation

How Chinese coffee chains like Luckin and Cotti are rising during inflation

A coffee cold war is brewing in New York City. Starbucks, once a dominant force in the city’s coffee landscape, seems to be losing steam. Recently, the Seattle-based chain shut down 42 locations in the Big Apple as part of a broader plan to close 400 stores nationwide amidst dwindling sales. This decline may stem […]