Profile
Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of specialty coffee in the world, operating in more than 50 countries. Starbucks purchases and roasts whole bean coffees that it sells, along with handcrafted coffee and tea beverages and a variety of fresh food items, through Company-operated stores. The Company also sells a variety of coffee and tea products and license its trademarks through other channels, such as licensed stores, grocery and national foodservice accounts. Starbucks has three reportable operating segments: United States (US), International, and Global Consumer Products Group (CPG). Its Seattle's Best Coffee operating segment is reported in Other with its Digital Ventures business. As of October 2, 2011, the Company operated 9,031 stores and 4,776 licensed stores. In October 2010, the Company acquired Magic Johnson Enterprise's remaining 50% interest in Urban Coffee Opportunities. In November 2011, the Company acquired Evolution Fresh, Inc. [...] more