History of Starbucks

History of Starbucks

This article is about the coffeehouse chain. For other uses, see Starbuck.
Starbucks Corporation
Starbucks logo
Type Public
Traded as NASDAQ: SBUX
NASDAQ-100 Component
S&P 500 Component
Industry Coffee shops
Genre Coffee house
Founded Pike Place Market in Seattle, Washington (March 30, 1971)
Founder(s) Jerry Baldwin
Gordon Bowker
Zev Siegl
Headquarters Seattle, Washington, U.S.
Number of locations 23,187 (May 20, 2014)[1]
Area served Worldwide
Key people Howard Schultz
(Chairman, President and CEO)
Products
Coffee • Tea • Pastries • Frappuccino beverages • Smoothies
Services Coffee
Revenue Increase US$ 14.89 billion (FY 2013)[2]
Operating income Decrease US$ 325.4 million (FY 2013)[2]
Net income Decrease US$ 8.8 million (FY 2013)[2]
Total assets
Decrease US$ 11.5167 billion (2013) [3]
Increase US$ 8.2192 billion (2012) [4]
Total equity Decrease US$ 4.48 billion (FY 2013)[2]
Employees 160,000 (May 2013)[5]
Subsidiaries
Starbucks Coffee Company • Ethos water • Evolution Fresh • Hear Music • La Boulange Bakery • Seattle's Best Coffee • Tazo • Teavana • Torrefazione Italia
Website starbucks.com
Starbucks Corporation is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 23,187 stores in 64 countries, including 12,973 in the United States, 1,897 in China, 1,550 in Canada, 1,088 in Japan and 927 in the United Kingdom.[1][6]

Starbucks locations serve hot and cold beverages, whole-bean coffee, microground instant coffee, full-leaf teas, pastries, and snacks. Most stores also sell pre-packaged food items, hot and cold sandwiches, and items such as mugs and tumblers. Starbucks Evenings locations also offer a variety of beers, wines, and appetizers after 4pm.[7] 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...

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