# Starbucks

> American multinational coffee company

**Wikidata**: [Q37158](https://www.wikidata.org/wiki/Q37158)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Starbucks)  
**Source**: https://4ort.xyz/entity/starbucks

## Summary
Starbucks is an American multinational coffee company founded in 1971 in Seattle, Washington, known for popularizing espresso-based drinks and the "third place" concept. It operates as a public company listed on the Nasdaq and S&P 500, with a global presence spanning over 30,000 stores across more than 80 countries. The company is recognized for its coffee products, including the Frappuccino, and its corporate social responsibility initiatives.

## Key Facts
- **Founded**: March 30, 1971, in Seattle, Washington, by Jerry Baldwin, Zev Siegl, and Gordon Bowker.
- **Headquarters**: Seattle, Washington, U.S.
- **Key Figures**: Howard Schultz (former CEO), Laxman Narasimhan (current CEO).
- **Stock Exchange**: Listed on Nasdaq (ticker: SBUX) and part of the S&P 500.
- **Subsidiaries**: Teavana, Seattle's Best Coffee, Tazo.
- **Products**: Coffee, Frappuccino (introduced in 1995), tea, and merchandise.
- **Revenue (2023)**: $32.6 billion USD.
- **Employees**: Over 383,000 globally (as of 2023).
- **Parent Company**: Starbucks Corporation.
- **Industry**: Coffee industry, retail chain.
- **Notable Locations**: Original Starbucks store at Pike Place Market in Seattle.

## FAQs
**When was Starbucks founded and by whom?**  
Starbucks was founded on March 30, 1971, by Jerry Baldwin, Zev Siegl, and Gordon Bowker in Seattle, Washington. Howard Schultz later transformed the company into a global espresso-based coffee chain.

**What are Starbucks' main products?**  
Starbucks is best known for its coffee beverages, including espresso drinks, seasonal offerings, and the Frappuccino (introduced in 1995). It also sells tea, food items, and branded merchandise.

**Where is Starbucks traded on the stock market?**  
Starbucks is listed on the Nasdaq stock exchange under the ticker symbol SBUX and is a component of the S&P 500 index.

**What subsidiaries does Starbucks own?**  
Key subsidiaries include Teavana (tea company), Seattle's Best Coffee, and Tazo (herbal tea manufacturer).

**Who are the notable leaders of Starbucks?**  
Howard Schultz, who served as CEO multiple times, is credited with expanding the company globally. Laxman Narasimhan became CEO in 2023.

## Why It Matters
Starbucks revolutionized the coffee industry by popularizing espresso-based drinks and creating the "third place" concept—a welcoming space between home and work. As one of the world's largest coffee chains, it influences global coffee culture, sourcing, and sustainability practices. Its public company status and inclusion in major stock indices (Nasdaq, S&P 500) reflect its economic significance. Starbucks also plays a role in corporate social responsibility, focusing on ethical sourcing and employee benefits like healthcare and college tuition coverage.

## Notable For
- **Global Reach**: Operates over 30,000 stores in more than 80 countries.
- **Innovative Products**: Introduced the Frappuccino in 1995, blending coffee with iced, milkshake-style drinks.
- **Corporate Responsibility**: Commitment to ethical coffee sourcing and employee benefits, such as tuition reimbursement.
- **Public Company Status**: Listed on Nasdaq and a component of the S&P 500, making it a benchmark for retail and hospitality industries.
- **Cultural Impact**: Popularized the "third place" concept, shaping modern café culture and urban social spaces.

## Body

### History and Founding
Starbucks was founded on March 30, 1971, by Jerry Baldwin, Zev Siegl, and Gordon Bowker at Pike Place Market in Seattle. Initially a coffee bean retailer, the company shifted focus to espresso-based drinks under Howard Schultz, who joined in 1982 after being inspired by Italian coffee culture. Schultz purchased Starbucks in 1987 and expanded it into a global chain.

### Products and Menu
Starbucks is renowned for its coffee beverages, including espresso drinks (e.g., Caramel Macchiato, Caffè Latte), seasonal offerings (e.g., Pumpkin Spice Latte), and the Frappuccino, introduced in 1995. The company also sells tea (via subsidiaries like Teavana and Tazo), food items (pastries, sandwiches), and branded merchandise (tumblers, mugs).

### Corporate Structure and Financials
- **Public Listing**: Starbucks trades on the Nasdaq (SBUX) and is part of the S&P 500, reflecting its market influence.
- **Revenue**: Generated $32.6 billion in revenue in 2023, with a global workforce exceeding 383,000 employees.
- **Subsidiaries**: Key subsidiaries include Teavana (acquired in 2012), Seattle's Best Coffee, and Tazo (acquired in 1999).

### Global Presence and Operations
Headquartered in Seattle, Starbucks operates in over 80 countries, with notable markets in the U.S., China, and Japan. The original Starbucks store at Pike Place Market remains a tourist attraction.

### Leadership and Notable Figures
- **Howard Schultz**: Served as CEO from 1987 to 2000, 2008 to 2017, and interim CEO in 2022. Known for expanding the company globally and prioritizing employee benefits.
- **Laxman Narasimhan**: Appointed CEO in 2023, focusing on modernizing operations and customer experience.
- **Founders**: Jerry Baldwin, Zev Siegl, and Gordon Bowker established the company in 1971.

### Affiliations and Partnerships
Starbucks has affiliations with organizations like the Nasdaq-100 and S&P 500. It has collaborated with entities such as Spotify (music integration in stores) and the Starbucks Rewards loyalty program.

### Cultural and Social Impact
- **Third Place Concept**: Positioning stores as community gathering spaces, influencing urban social dynamics.
- **Sustainability Initiatives**: Commitments to ethical coffee sourcing, recycling programs, and reducing carbon emissions.
- **Employee Benefits**: Known for offering healthcare, stock options, and college tuition coverage to employees.

### Related Entities
- **Pike Place Market**: Location of the original Starbucks store, opened in 1971.
- **Nasdaq and S&P 500**: Stock exchanges where Starbucks is listed, underscoring its financial significance.
- **Frappuccino**: A trademarked iced coffee drink that became a cultural phenomenon after its 1995 debut.

## References

1. Integrated Authority File
2. [Starbucks: The Early Years. 2017](https://www.historylink.org/file/20292)
3. [Source](https://www.starbucks.ch/en/about-us)
4. [Source](https://edition.cnn.com/2024/08/13/business/starbucks-ceo-brian-niccol/index.html)
5. Virtual International Authority File
6. IdRef
7. International Standard Name Identifier
8. [Source](https://www.nasdaq.com/article/7-fun-facts-about-starbucks-in-honor-of-its-ipos-25th-anniversary-cm808396)
9. Freebase Data Dumps. 2013
10. [Starbucks Corporation Annual Report 2021](https://s22.q4cdn.com/869488222/files/doc_financials/2021/ar/Starbucks-Fiscal-2021-Annual-Report.pdf)
11. Global LEI Index
12. Starbucks 2025 Proxy Statement
13. [Source](http://km.aifb.kit.edu/services/crunchbase/)
14. [Form 10-K. 2009](https://www.sec.gov/Archives/edgar/data/0000829224/000095012309064772/v53316e10vk.htm)
15. [Form 10-K. 2011](https://www.sec.gov/Archives/edgar/data/0000829224/000119312511317175/d232803d10k.htm)
16. [Form 10-K. 2012](https://www.sec.gov/Archives/edgar/data/0000829224/000082922412000007/sbux-9302012x10k.htm)
17. [Form 10-K. 2013](https://www.sec.gov/Archives/edgar/data/0000829224/000082922413000044/sbux-9292013x10k.htm)
18. [Form 10-K. 2014](https://www.sec.gov/Archives/edgar/data/0000829224/000082922414000041/sbux-9282014x10k.htm)
19. [Form 10-K. 2015](https://www.sec.gov/Archives/edgar/data/0000829224/000082922415000038/sbux-9272015x10k.htm)
20. [Form 10-K. 2018](https://www.sec.gov/Archives/edgar/data/0000829224/000082922418000052/sbux-9302018x10xk.htm)
21. [Form 10-K. 2019](https://www.sec.gov/Archives/edgar/data/0000829224/000082922419000051/sbux-9292019x10xk.htm)
22. [Form 10-K. 2020](https://www.sec.gov/Archives/edgar/data/0000829224/000082922420000078/sbux-20200927.htm)
23. [Form 10-K. 2022](https://www.sec.gov/Archives/edgar/data/0000829224/000082922422000058/sbux-20221002.htm)
24. [Form 10-K. 2023](https://www.sec.gov/Archives/edgar/data/0000829224/000082922423000058/sbux-20231001.htm)
25. [Form 10-K. 2024](https://www.sec.gov/Archives/edgar/data/0000829224/000082922424000057/sbux-20240929.htm)
26. [Form 10-K. 2025](https://www.sec.gov/Archives/edgar/data/0000829224/000082922425000114/sbux-20250928.htm)
27. Library of Congress
28. [Yahoo! Finance Starbucks Corporation (SBUX) Stock Key Data](https://finance.yahoo.com/quote/SBUX/)
29. [Form 10-K. 2010](https://www.sec.gov/Archives/edgar/data/0000829224/000119312510266333/d10k.htm)
30. [Form 10-K. 2016](https://www.sec.gov/Archives/edgar/data/0000829224/000082922416000083/sbux-1022016x10xk.htm)
31. [Form 10-K. 2017](https://www.sec.gov/Archives/edgar/data/0000829224/000082922417000049/sbux-1012017x10xk.htm)
32. GRID Release 2016-12-06
33. [2020](https://www.gleif.org/content/4-lei-data/8-lei-mapping/1-download-bic-to-lei-relationship-files/bic_lei_gleif_v1_monthly_full_20200327.csv)
34. GRID Release 2017-01-10
35. [Source](https://www.zhihu.com/question/313766183/answer/609045790)
36. [Source](https://www.zhihu.com/search?q=%E6%98%9F%E5%B7%B4%E5%85%8B%E7%8C%AB%E7%88%AA%E6%9D%AF&type=content#星巴克猫爪杯风波)
37. Google Knowledge Graph
38. [Starbucks](https://www.reddit.com/r/starbucks/)
39. [Starbucks Coffee Company Apps on the App Store](https://apps.apple.com/gb/developer/starbucks-coffee-company/id331177718)
40. [Starbucks | Logopedia | Fandom](https://logos.fandom.com/wiki/Starbucks)
41. [Source](https://thenextweb.com/vocabulary/starbucks/)
42. Name Suggestion Index
43. YouTube API
44. [Starbucks latest news & coverage](https://www.channelnewsasia.com/news/topic/starbucks)
45. [Starbucks Company Culture | Comparably](https://www.comparably.com/companies/starbucks)
46. [Starbucks Careers and Employment | Indeed.com](https://sg.indeed.com/cmp/Starbucks)
47. [Best Starbucks Posts - Reddit](https://www.reddit.com/t/starbucks/)
48. [Contact Us | Starbucks Coffee Company](https://customerservice.starbucks.com/app/contact/ask/)
49. Wikirate
50. [Starbucks Coffee ☕ (@starbucks) on Threads](https://www.threads.net/@starbucks)