The History of: Starbucks
Starbucks is arguably one of the biggest coffee places in the world with over 32 thousand stores, but not a lot of people know the background of Starbucks. The first Starbucks opened in Seattle, Washington, on March 31st, Jerry Baldwin, Zev Sieglm, and Gordon Bowker were three peers from the University of San Francisco, who had a common interest in coffee and tea. The name Starbucks came from the first mate in Moby Dick, Starbuck. When it came to what inspired them to start selling coffee, they were inspired by Alfred Peet, who had shown them his way of roasting beans, and decided they wanted to sell high-quality coffee beans and equipment. Their store was opened in Pike Place Market and they offered fresh-roasted beans, teas, and spices from around the world. By the early s, Starbucks opened up four more stores in Seattle and eventually caught the eye of Howard Schultz. Schultz joined as the director of retail operations and marketing in and after a trip to Italy in , wanted to take Starbucks in a new direction. Instead of just selling products to people and having them go about their days, Schultz wanted to make Starbucks a coffee shop.
Schult
STARBUCKS CEO HISTORY
LIST OF FOUNDERS & CEOS OF STARBUCKS
- Jerry Baldwin, Zev Siegl, & Gordon Bowker ()
- Howard Schultz ()
- Orin C. Smith - President & CEO ()
- Jim Donald ()
- Howard Schultz ()
- Kevin Johnson ()
- Howard Schultz ()
- Laxman Narasimhan ()
- Brian Niccol (present)
JERRY BALDWIN, ZEV SIEGL, & GORDON BOWKER (FOUNDERS OF STARBUCKS)
Three partners, Baldwin, Siegl, and Bowker, started a small coffee shop in Seattle in They had recently apprenticed from the original OG of premium coffee, Alfred Peet of Peet’s Coffee. They wanted to create something similar.
They called it Starbucks.
The coffee and vibe were great, but the founders needed to improve on the business side.
However, lucky for them, they had one big fan named Howard Schultz.
So, in , trying to get rid of what they fought might go bust, they sold the cafe to Howard Schultz. Little did they know that Schultz would grow Starbucks into the iconic $80 billion company it is today.
HOWARD SCHULTZ
Schultz realized that Starbucks had potential, even if the accounting books said otherwise. After purchasing the failing coffee shop, he named himself CEO. He got to work
Seattle-based Starbucks is a multi-national corporation that sells coffee drinks, coffee beans, food, and beverages at its retail stores as well as wholesale to other outlets. When the first Starbucks store opened near the Pike Place Market in , most American coffee drinkers percolated inexpensive low-grade coffee, scooped out of a can and weakly brewed. The passionate, quality-driven approach of Starbucks's three founders -- Jerry Baldwin (b. ), Gordon Bowker (b. ) and Zev Siegl (b. ) -- helped change public perception of what a cup of coffee could be and set the stage for the company's development. They started by selling coffee beans roasted by Peet's, a gourmet coffee company in Berkeley, California, then began roasting their own. For a decade, the few Starbucks stores sold just beans and not coffee drinks, but those gourmet beans were popular and profitable. The first Starbucks to sell brewed coffee opened in Howard Schultz (b. ) was hired later that year, and at his urging Starbucks opened its first espresso bar in In Baldwin and Bowker (Siegl had sold his shares in ) sold Starbucks to a group of investors led by Schultz.
The Three Founders
When Gordon Bowker, Jerry Ba
50+ Starbucks And Founder Howard Schultz Facts
The first Starbucks was founded in located at Pike Place Market in Seattle. It was an independently owned shop and never had intentions for worldwide expansion. Now it has over 27, stores in over 62 countries. Here are 50 facts about Howard Shultz, the man that took a small coffee chain into a worldwide sensation.
- Howard Shultz is the Executive Chairman and Chief Global Strategist of Starbucks and previous owner of the Seattle Supersonics.
- He was amongst the Board of Directors at Square, Inc.
- Howard was conceived in and experienced childhood in a financed open lodging venture in Brooklyn, New York as the eldest of three. A football grant to faraway Northern Michigan University was his ticket out of the undertakings, and he turned into the first in his family to acquire a degree.
- In , Forbes magazine positioned Schultz as the nd wealthiest individual in the United States, with a total assets of $ billion as of September
- On December 1, , Schultz reported his transitioned from CEO to Executive Chairman of Starbucks, viable April
- Schultz was born to a Jewish family on July 19, in Brooklyn, New York, the child of ex-United Stat
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