Starbucks Net Worth is12.7 12-Month Sales Growth (%)
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deserves the money?
Rating: 3.3/5 (14 votes cast)
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Rating: 3.0/5 (12 votes cast)
Type: Public company
Traded As: SBUX, S&P 500
Foundation: Pike Place Market in Seattle, Washington (1971/03/30)
Founder: Jerry Baldwin, Zev Siegl
Location City: Seattle, Washington
Location Country: U.S.
Locations: 20,366 in 61 countries (November 16, 2012) Area Served: Worldwide
Key People: Howard Schultz,
Industry: Restaurants
Genre: Coffee house
Products: Whole bean coffee , Smoothies
Services: Coffee
Revenue: {{increase US$ 13.29 billion (2012) Operating Income: net income
Assets: equity
Num Employees: 149,000 (2011) Subsid: Starbucks Coffee Company, Evolution Fresh
Starbucks Corporation is a global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 20,366 stores in 61 countries, including 13,123 in the United States, 1,299 in Canada, 977 in Japan, 793 in the United Kingdom, 732 in China, 473 in South Korea, 363 in Mexico, 282 in Taiwan, 204 in the Philippines, and 164 in Thailand.
Starbucks sells hot and cold drinks, coffee beans, salads, hot and cold sandwiches, sweet pastries, snacks, and items such as mugs and tumblers. Through the Starbucks Entertainment division and Hear Music brand, the company also markets books, music, and film. Many of the company's products are seasonal or specific to the locality of the store. Starbucks-brand ice cream and coffee are also offered at grocery stores.
From Starbucks' founding in 1971 in Seattle as a local coffee bean roaster and retailer, the company has expanded rapidly. In the 1990s, Starbucks was opening a new store every workday, a pace that continued into the 2000s. The first store outside the United States or Canada opened in the mid-1990s, and overseas stores now constitute almost one third of Starbucks' stores. The company planned to open a net of 900 new stores outside of the United States in 2009, but has announced 300 store closures in the United States since 2008.
The first Starbucks opened in Seattle, Washington, on March 30, 1971 by three partners: English teacher Jerry Baldwin, history teacher Zev Siegl, and writer Gordon Bowker. The three were inspired by coffee roasting entrepreneur Alfred Peet, whom they knew personally, to sell high-quality coffee beans and equipment. Originally the company was to be called Pequod after a whaling boat from Moby-Dick but this name was rejected by some of the co-founders. The company was instead named after the chief mate on the Pequod, Starbuck.
From 1971a??1976, the first Starbucks was at 2000 Western Avenue; it then was relocated to 1912 Pike

Starbucks Net Worth, 3.3 out of 5 based on 14 ratings

Starbucks Latest News

Starbucks Will Not Renew Liquor License In Utah (SBUX)

Starbucks Corporation (SBUX) was planning on serving alcohol at its Salt Lake City, Farmington, Holladay, Park City and Lehi locations, but that will no longer be possible. Starbucks had obtained a “master license,” but under the terms of that license ...
Posted: October 26, 2016, 3:51 pm

A Starbucks Barista from Portugal Wins Rare Purple Apron

Many of us have a passion for something that reflects who we are. For 26 baristas in Starbucks Europe, Middle East and Africa Region, coffee is a passion that brought them together for the 2016 EMEA Barista Championship in London this month. “We wanted ...
Posted: October 26, 2016, 4:42 pm

We compared Starbucks drinks with DIY Verismo drinks and learned a few things

When we were offered the chance to try out the new Verismo V system by Starbucks, we kind of had to say "yes." Play our own barista — why not? So we ordered up some pumpkin spice and chocolate sauces and fired up the handy milk frother that came with the ...
Posted: October 26, 2016, 3:05 pm
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