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Why McDonald’s, Apple and Other U.S. Brands Are Losing in China | WSJ

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Major American brands like Apple, Nike, Starbucks and McDonald’s are rapidly losing sector share in China to new domestic rivals. Chinese tech firm Huawei, sportswear brand Anta, Luckin Coffee and fast-food restaurant Tastien are eating away at these American brands’ sector dominance. WSJ’s Jonathan Cheng explores how Chinese brands are squeezing their U.S. rivals out. … Read more

Why Starbucks Operates Like a lender | WSJ The Economics Of

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Starbucks, the $124.4 billion global coffee giant, trails only McDonald’s as the largest restaurant chain by industry capitalization. Until a few years ago, the massive coffee enterprise held more mobile payment users than Apple Pay. But what actually makes Starbucks excel in a crowded industry? WSJ’s Heather Haddon explains how Starbucks used technology to build … Read more