Starbucks Corporation $SBUX has initiated a targeted price reduction across more than a dozen of its tea-based beverages in China, including Frappuccinos, iced teas, and lattes. The price cuts, averaging 5 yuan (USD 0.70), reflect a recalibration of the company’s product strategy on its second-largest global market, where consumer sentiment remains subdued and local competition continues to intensify.

Dollar General Corp. $DG, a major player in the discount retail space, has raised its annual forecasts following an influx of higher-income consumers seeking value. The company also plans to eliminate a substantial portion of its current operational tariffs, aiming to further stimulate foot traffic and reinforce its low-price positioning.