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CG: Luckin Takes on Starbucks; Target Sells Out
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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By The Motley FoolChinese 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.
Check out more of our content here:
- TMF's podcast portal
- YouTube
- Join Our Motley Fool Podcast Facebook Group
- StockUp, The Motley Fool's weekly email newsletter