Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world's largest coffeehouse chain.
Description: Starbucks Corporation was founded in 1971 in Seattle, Washington, by Jerry Baldwin, Zev Siegl, and Gordon Bowker. Initially a coffee bean roaster and retailer, it was later acquired by Howard Schultz in 1987, who transformed it into a coffeehouse chain. Starbucks operates in over 80 countries, with more than 35,000 stores worldwide. The company's menu includes coffee, espresso, frappuccinos, teas, pastries, and snacks. Starbucks is known for its focus on customer experience, ethical sourcing, and sustainability initiatives. As a publicly traded company on NASDAQ under the ticker SBUX, it is a component of the S&P 500 and Dow Jones Industrial Average. The company's market role is as a leading player in the specialty coffee industry, with significant brand loyalty and global presence.
Established / Launched: 1971
Founder / Issuer: Jerry Baldwin, Zev Siegl, Gordon Bowker