Starbucks Net Worth is12.7 12-Month Sales Growth (%)
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Rating: 2.3/5 (3 votes cast)
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Rating: 2.7/5 (3 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, 2.3 out of 5 based on 3 ratings

Starbucks Latest News

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Posted: August 15, 2017, 4:10 pm

5 Fascinating Fun Facts About Starbucks

Starbucks has been blessing this world with their drinks for 46 years and I think we owe it to Starbucks to truly understand this glorious industry. Buzzfeed has released 17 fascinating facts about Starbucks that explain some of the origins of the ...
Posted: August 15, 2017, 4:03 pm

Starbucks’ Pumpkin Spice lattes to be sold in grocery stores

Click to share on Twitter (Opens in new window) Click to share on Google+ (Opens in new window) Share on Facebook (Opens in new window) Click to share on Pinterest (Opens in new window) Credit: Starbucks SAN FRANCISCO (KRON) — Get ready, pumpkin spice ...
Posted: August 15, 2017, 1:45 pm

Starbucks coming to Campbell near Penny Lane site

On Aug. 7 the Campbell City Council unanimously approved permits for a Starbucks with a drive-through to come to 771 W. Hamilton Ave. The property was home to a Del Taco from 1979 to its closure in 2014, according to city staff. The Starbucks will sit at ...
Posted: August 15, 2017, 10:00 am

Starbucks stock downgraded by financial firm over cannibalization concerns

It’s a Starbucks-eat-Starbucks world in Manhattan, experts say. A financial firm downgraded Starbucks’ stock last week, noting that the chain has opened so many shops that its locations are stealing customers from one another. Retail and food experts ...
Posted: August 15, 2017, 4:08 pm
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