Today Starbucks is the largest coffeehouse company in the world, with 24,395 retail locations as of the first quarter of 2016, followed distantly by such coffee shop chains as Dunkin Donuts with about 10,000 restaurants, Tim Hortons with 4,300 outlets, and Costa Coffee with nearly 1,700 stores worldwide.
Starbucks was founded in 1971 in Seattle, Washington, and incorporated on November 4, 1985 to become the publicly traded Starbucks Corporation. Based on the company's positive, sustained operating results, it is ranked among Forbes' top-500 world's biggest public companies. As of 2015, Starbucks' profit was $2.5 billion and it had a market value of $70.9 billion.
While Starbucks initially focused on the domestic US market, in 1996 the company opened its first stores outside the US. Since then, Starbucks' international footprint has expanded to 11,266 stores located in three main markets: the Americas, which includes Canada, Latin America, and the US; China and Asia Pacific (CAP); and Middle East and Africa (EMEA). The domestic market still represents more than half of all Starbucks stores; California, with 1,863 locations, has more stores than any other state.
Starbucks operates two types of stores: company-operated and licensed. Currently, the store count is almost equally distributed between these two types - 51 percent of stores are company-operated and the other 49 percent are licensed - even under continuous expansion. During the third quarter of 2016, Starbucks launched 474 new stores, including the the first stores in Andorra and Slovakia. The company's growth is bolstered by low turnover of its stores. Only 443 Starbucks stores have closed throughout the company's history: 240 stores in 2009, the year of global financial crisis; 42, in 2010; and 161 in 2011.
The 2017 IBCR conference covers two thematic areas. The first theme is about contemporary service management and service experience. The second theme is about tourism and hospitality experiences in the digital era. Two keynote speakers are invited: Professor Evert Gummesson and Professor Jay Kandampully. Also, three well-reputed journals will participate in the conference by publishing outstanding papers from the conference. These are Journal of Service Management (Section), Journal of Retailing and Consumer Services (Special issue), and Journal of Hospitality and Tourism Management (Special issue). This conference is not open to the...
The Heritage Foundation and The Wall Street Journal have recently updated The Index of Economic Freedom, which shows the advancement in economic freedom, prosperity, and opportunity across 186 countries. The Index covers 10 freedoms from property rights to entrepreneurship, which represent a comprehensive analysis of countries' economic conditions in a clear and friendly format. With Knoema's flexibility you can easily observe each of these sub-indices on the radar chart by clicking the country on the map, or by choosing the indicator of your interest from a dropdown list above the dashboard. Note: each of the sub-indices and the Overall...
The index of Economic Freedom have been tracked by The Wall Street Journal and The Heritage Foundation since 1995.These indices are benchmarks that gauge the economic succes around the world. This pages has countries ranked by different economic index built using the data from the 2011 Index of Economic Freedom.