# Business Transformation
Latest news and articles about Business Transformation
Total: 2 articles found
Business
The Great County Conquest: Starbucks Performs ‘Difficult Surgery’ to Reclaim Its Edge in China
Starbucks is pivoting its China strategy toward 1,500 lower-tier counties and a 20,000-store goal through a joint venture with Boyu Capital. To combat local rivals like Luckin, the company is aggressively cutting labor costs and employee benefits while transitioning to a leaner, more efficiency-driven operational model.
SoBiz2026年5月8日 08:23
#Starbucks China#Luckin Coffee#Boyu Capital
Business
From Parkas to Processors: Toread’s Radical Pivot Signals a New Era for Chinese Retail
Chinese outdoor giant Toread is radically transforming its business model after closing 200 retail stores and facing a core operational loss in 2025. The company has successfully pivoted to a 'dual-core' strategy where semiconductor manufacturing now drives nearly 40% of its revenue, offsetting the decline in its traditional apparel business.
NeMo2026年4月29日 16:28
#Toread#Outdoor Gear#Semiconductors