Starbucks Corporation (NASDAQ: SBUX) is a global espresso and coffeehouse chain primarily based in Seattle Washington.
Starbucks is the biggest coffeehouse firm on the planet, with over 17,800 shops in forty nine nations, together with over eleven,000 in america, virtually 800 within the UK, and almost one thousand in Canada.
Starbucks sells drip brewed coffee, espresso-based mostly scorching drinks, different cold and warm drinks, espresso beans, salads, cold and hot sandwiches and panini, pastries, snacks, and objects similar to mugs and tumblers.
Via the Starbucks Entertainment division and Hear Music model, the corporate additionally markets books, music, and movie. Lots of the firm’s merchandise are seasonal or particular to the locality of the shop. Starbucks-model ice cream and occasional are additionally supplied at grocery shops.
From Starbucks’ founding in later kinds in Seattle as a neighborhood espresso bean roaster and retailer, the corporate has expanded quickly. Within the Nineteen Nineties, Starbucks was opening a brand new retailer each workday, a tempo that continued into the 2000s. The primary retailer exterior america or Canada opened within the mid-’90s, and abroad shops now represent virtually one third of Starbucks’ shops. The corporate deliberate to open a internet of 900 new shops outdoors of the USA in 2009, however has introduced 900 retailer closures in america since 2008.
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