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Starbucks: Most Famous & Largest Coffee Chains in the world

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Raees Hussain
Starbucks: Most Famous & Largest Coffee Chains in the world

1- What is Starbucks?

Starbucks is an American company working in more than 80 countries across the world. It was founded in 1971 by Jerry Baldwin, Gordon Bowker, and Zev Siegi, and later on, in 1980 this company was sold to Howard Schultz. He has converted the coffee bean store into a coffee shop serving-based drinks.

Now with the help of the Starbucks Near Me site, you can search and visit your nearest Starbucks stores. This site has added the GPRs and Google Map system, through which you can easily order online or visit the nearest store.

Howard D Schultz: Howard was born in 1953 in a Jewish family. He is an American businessman and CEO of Starbucks Coffee Company. He served as both chairman and CEO of Starbucks. In the 1980s he opened Giornale coffeeshop that later on merged with Starbucks. Schultz worked hard and opened more than 34000 stores across the world. Under Schultz's visionary mind the company has established a large network of coffee stores.

In 1982 he married Sheri Kersch. He has two children, who also live in the United States.

He has written 4 books on business and also named Schultz the 209th richest businessman in the United States with a net worth of $4.3 billion in 2020.

2- History of Starbucks

  • 1970 – 1980

It was officially opened on March 30, 1971, in Wahington. The first Starbucks shop was in Seattle from 1971 to 1976 and later on they moved that store to 1912 Pike Place. At that time Starbucks only sells coffee beans but later on, they added more drinks to their store.

  • 1980-1990

In the 80s the company operated 6 more stores in Seattle. But in 1987, the owner Jerry Baldwin sold the Starbucks chain to Howard Schultz.

You will amaze to know that there is about 34000 Starbucks store in the world out of which 16000 were located in the United States. The company himself is operating over 9000 stores while the reaming stores are licensed to third parties.

The top 10 most popular Starbucks Drinks are Vanilla Latte, Pumpkin, Ice Chocolate, Cinnamon, Hot Chocolate, Java Chip Frappuccino, Green Tea Crème, Chai Latte, etc. It is known as the largest coffee retailer shop in the world.

  • 1990 - 2000

In 1992 Starbucks had revenue of $73.5 million and a market value was $271 million by the time. Its share price had risen by 70 percent.

  • 2000 - 2010

In 2003, Starbucks has acquired two more coffee companies Seattle’s Best Coffee and Torrefazione Italia for $71.5 million. From 2005 to 2007 Howard Behar served as president of the company in North America.

In 2008 the company has started a community website, which was designed to collect feedback from their customers. Meanwhile, Starbucks acquired Coffee Equipment Company, which manufactures Clover Brewing System. This system was introduced in many outlooks of Starbucks such as in Seattle, New York, California, and Boston.

During the great recession in 2008, the company has to close more than 1600 stores and retail jobs in order to re-energize the brand and also to sustain its profit. In Australia, the company has closed more than 80 stores, because the company has been unable to understand the café culture in Australia.

In 2009, the company has also closed more than 300 stores, which eliminates more than 7000 workers. From 2008 to 2009 the company has closed more than 19000 workers and 1000 stores. In August 2009 Ahold, rebranding and opened more than 40 licensed Starbucks stores in stop & Shop and Giant supermarkets in the United States.

  • 2010 - 2020

Since 2013 more than 10% of demands have been generated through the Starbucks app. It has also introduced post calorie counts on the menus for drinks and pastries in the United States.

  • 2020 - present

In 2020 COVID-19 pandemic changed the lifestyle of human beings, due to which Starbucks has closed all its cafés. This lockdown caused a 10% decline in its sales while in china it has decreased to 50%. Due to Covid-19, the company has requested the landlords to reduce the rent of the stores.

In 2021 Starbucks has planned to open more than 300 stores across the US. The main function of these stores will carry out and pick up orders. These stores will work with the Starbucks mobile app.

In 2022 Starbucks has announced that they are planning to increase their stores and retail shops up to 60000 by 2030.

3- Main Menu of Starbucks

  • Drinks

Hot Coffees

Hot Teas

Hot Drinks

Frappuccino Blended Beverages

Cold Coffees

Iced Teas

Cold Drinks

  • Food

Hot Breakfast

Bakery

Lunch

Snacks & Sweets

Oatmeal & Yogurt

  • At-Home Coffee

Whole Bean

VIA Instant

  • Gift Cards

Happy Birthday

Thank You

Traditional

  • Merchandise

Cold Cups

Tumblers

Mugs

Water Bottles

Other

 

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