Financing
Luckin Coffee makes a play for the premium market
The Bottom Line: The fast-growing Chinese chain, known for its low prices, is reportedly acquiring the higher-end brand Blue Bottle Coffee from Nestle for $400 million.
Financing
Black Rock Coffee Bar sees a path to 1,000 shops
The Bottom Line: The coffee chain’s stock has stumbled since it went public in September, at least in part due to landlord delays. But executives believe the company has shaken that off.