Assignment Task
Starbucks in the United States
Introduction
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Get Help Now!Starbucks’ first store was opened by three partners: English teacher Jerry Baldwin, history teacher Zev Siegl, and writer Gordon Bowker in Seattle’s Pike Place Markets in 1971 and now it has 17,009 stores in 55 countries. Its business covers brewed coffee, espresso-based hot drinks, instant coffee, other hot and cold drinks, coffee beans, salads, hot and cold sandwiches, pastries, snacks and items such as mugs and tumblers. The company also has the Starbucks Entertainment division and Hear Music Brand which markets books, music and films. Starbucks’ revenue in 2010 was 10.71 billion with 1.42 billion of operating income. The beverage occupies the highest weight of its sales-75%, followed by food-19% of its sales.
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