Company Timeline of Starbucks Essay Example
Company Timeline of Starbucks Essay Example

Company Timeline of Starbucks Essay Example

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  • Pages: 1 (226 words)
  • Published: April 1, 2018
  • Type: Article
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Starbucks made its debut in Seattle's Pike Place Market, serving as the company's first store. Howard Schultz came on board as director of retail operations and marketing. The brand began supplying coffee to high-end restaurants and espresso bars. During a trip to Italy, Schultz was inspired by the popularity of Milanese espresso bars and saw an opportunity to bring that culture back to Seattle. After successfully experimenting with the coffeehouse concept downtown, Schultz founded his own coffee company in 1985, which led to Starbucks' Christmas Blend release. Schultz launched Il Giornale, offering brewed coffee and espresso beverages using Starbucks® beans like Eggnog Latte before acquiring Starbucks assets with local investor support. The

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company opened its initial stores in Chicago and Vancouver while providing full health benefits for employees before expanding further into Portland with 33 total stores at end year one followed by enhancing headquarters in Seattle and erecting a new roasting plant as well as securing Horizon Air account award leading up to growing number of locations totaling 84 at fiscal year end.Starbucks formed a collaboration with CARE, an organization focused on providing relief and promoting development worldwide. As part of this partnership, Starbucks unveiled the CARE coffee sampler. Another noteworthy achievement was that Starbucks became the first private company in the United States to offer a stock option program for employees who work part-time.

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