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Starbucks

Starbucks: A Global Coffee Empire Starbucks Corporation, founded in 1971 in Seattle, initially operated as a coffee bean wholesaler. However, under Howard Schultz's leadership from 1986 to 2000, it transformed into a global coffeehouse giant. Schultz spearheaded an aggressive expansion, establishing...

Starbucks Overview

Starbucks Image Source : Wikipedia
  • Company type Public
  • Industry Coffee shop
  • Founded March 30, 1971
  • Founders Jerry Baldwin, Zev Siegl, Gordon Bowker
  • Headquarters Starbucks Center, Seattle, United States
  • Area served 87 countries
  • Key people Howard Schultz (chairman emeritus), Brian Niccol (chairman and CEO)
  • Services Coffee beverages, smoothies, tea, baked goods, sandwiches
  • Revenue US$36.18 billion (2024)
  • Net income US$3.761 billion (2024)
  • Number of employees  361,000 (2024)
  • Subsidiaries Starbucks Coffee Company, Ethos Water, Hear Music, La Boulange Bakery, Teavana, Torrefazione Italia, Tata Starbucks (India)
  • Website www.starbucks.com

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Starbucks history

Last Updated : 25/03/25, 02:40 AM
Starbucks: From Seattle to Global Giant Starbucks, founded in Seattle in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker, initially focused on selling high-quality coffee beans and equipment. Inspired by Alfred Peet, a coffee roasting entrepreneur, the trio's name selection, "Starbucks," a somew...

STARBUCKS NEWS

Starbucks limits restroom use to paying customers, reversing its open-door policy

January 27, 2025 7:36 pm

Starbucks said the decision aims to address concerns about disruptive behavior while maintaining a welcoming environment for customers.

Starbucks CEO, commuting 1,600km on company jet, took home $96 million for 4 months' work in 2024

January 27, 2025 5:58 am

Brian Niccol, 50, who joined Starbucks in September 2023 from Chipotle Mexican Grill, also received a $5 million sign-on bonus just a month into his role, as revealed in company filings.

Starbucks workers expand strike in US cities including New York

December 22, 2024 12:32 pm

The union is striking in 10 cities, also including Columbus, Denver and Pittsburgh, during the busy holiday season that may impact the company's Christmas sales.

Shah Rukh Khan reached out to Starbucks and asked for an outlet at Red Chillies office, reveals CEO: 'He's the landlord'

October 09, 2024 9:32 am

Starbucks India CEO Sushant Dash was asked about the origins of the Khar outlet, and if it was indeed opened because Shah Rukh Khan wanted it.

My house is a Starbucks

September 01, 2024 9:09 pm

I feel a nervous energy in me whenever I see it. My hands want to push the door open. My feet want to barge inside. But I no longer belong there

How Starbucks’ leadership change could impact customer experience in 3 ways

August 20, 2024 12:55 pm

As the coffee chain comes to terms with a new management, it finds itself needing to address three points of concern to improve customer experience

Starbucks CEO Laxman Narasimhan steps down, Chipotle's Brian Niccol to take over

August 13, 2024 6:48 pm

Narasimhan, who was appointed as the company's head in September 2022, is stepping down from his role as CEO and as a member of the board with immediate effect.

Zomato customer spends Rs 9.4 lakh on Starbucks coffee, company celebrates it with special ad. Watch here

August 09, 2024 6:27 pm

The viral ad shows Mishquat's mother furious, demanding her money back from the Starbucks store.

US Supreme Court backs Starbucks over fired pro-union workers

June 13, 2024 11:03 pm

Starbucks had argued that the judge in the Memphis case should have used a stringent four-factor test to weigh the bid for an injunction, similar to the standard used by some other courts and in non-labor legal disputes.

Starbucks or in-house cafe? Starting Tuesday, Delhi High Court to see stiff competition

March 30, 2024 4:04 am

Starbucks may have an edge in terms of physical accessibility though. The DHCBA cafeteria has a notice outside that says it is limited to lawyers and court officials, which may pose a problem for lawyers wishing to advise their clients on the HC premises.

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