Starbucks is a chain of coffeehouses that first opened in 1971 in Seattle. As of 2015, Starbucks is the largest coffeehouse chain in the world, operating more than 22,500 locations worldwide. The name comes from the novel "Moby Dick," in which the character Starbuck is the ship's chief mate.Continue Reading
As part of its initiative to be a responsible company, Starbucks has increased its reliance on ethically sourced coffee beans to help support both farmers and the environment. Starbucks operates Farmer Support Centers to aid farmers through loans and guidance on sustainable farming practices, including centers in Tanzania, China and Rwanda. In 2015, Starbucks reached its goal of ethically sourcing 99 percent of its coffee beans.
Since 1996, Starbucks has expanded into at least one new national market each year. In 1996, the company opened its first location in Japan, which also marked its first location outside of North America. As of 2015, the company operates coffeehouses in more than 60 countries.
Starbucks does not have any retail locations in Sub-Saharan Africa, and many Eastern European and Central Asian nations are without Starbucks coffeehouses as well. In October 2015, Starbucks CEO Howard Schultz announced that Starbucks was averaging one new store opening per day in China.Learn more about Corporations