And not just because the purchase of Costa Coffee, still the top coffee chain in Europe, by Coca-Cola Ltd., is bound to mean aggressive expansion of Costa’s already established China footprint with 420 outlets. Luckin Coffee Inc. Ring a bell? ARTICLE CONTINUES BELOWBehind the warp speed growth is the kind of story that should give a company like Tim Hortons pause. That caught the eye of Starbucks, which tested “Starbucks Delivers” in Beijing and Shanghai last fall and is now aggressively rolling out the delivery service across the Starbucks chain. With Starbucks and Luckin in opposite corners, where does that leave Tim Hortons?

Source: thestar May 19, 2019 09:03 UTC