Starbucks (Nasdaq: SBUX) is a purveyor of roasted coffee beans, fresh-brewed coffee, cold blended beverages, food items, coffee-related accessories and equipment, as well as teas, primarily at its company-owned stores.
The company started life as a single store in 1971, in Seattle's Pike Place Market. Howard Schultz, the company's current CEO, did not come on the scene until 1982, when he was hired as director of retail operations and marketing of Starbucks Company, the predecessor of the current company. In 1985, he co-founded the current company and served as Chairman and CEO for 15 years. In 2000, he left to pursue other interests. In 2008, he was asked to return to the struggling company.
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