Podknife - CG: Luckin Takes on Starbucks; Target Sells Out by Industry Focus

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CG: Luckin Takes on Starbucks; Target Sells Out

Podcast |: Industry Focus
Publisher |: The Motley Fool
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business,; Business News,; News
Publication Date |: May 21, 2019
Episode Duration |: 00:22:03

Chinese coffee company Luckin has aggressive plans to add thousands of stores and it's willing to lose a lot of money to do that. That puts it in competition with Starbucks though there might be enough customers for both. In addition Target sold out of its exclusive Vineyard Vines collection and that may not be a good thing.

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