Stbs

19 71

Seattle Pike’s Place Some coffee An idea

Starbucks opens its first location in Seattle's Pike Place Market.

1971

1972

1973

1974

1975

1976

Howard Schultz joins Starbucks as director of retail operations and marketing. Starbucks begins providing coffee to fine restaurants and espresso bars.

1977

1978

1979

1980

1981

1982

Schultz convinces the founders of Starbucks to test the coffee bar concept in a new location in downtown Seattle. This successful experiment is the genesis for a company that Schultz founds in 1985.

With the backing of local investors, Il Giornale acquires Starbucks assets and changes its name to Starbucks Corporation.

1988 Starbucks introduces mail order catalog with service to all 50 states.

Schultz travels to Italy, where he's impressed with the popularity of espresso bars in Milan. He sees the potential in Seattle to develop a similar coffee bar culture.

Schultz founds Il Giornale, offering brewed coffee and espresso beverages made from Starbucks coffee beans.

Starbucks introduces Christmas Blend.

Opens in Chicago and Vancouver, B.C.

1983

1984

1985

1986

1987

1988

Begins Barnes & Noble, Inc. relationship.

1989 Opens in Portland, Oregon.

Opens first licensed airport location with HMS Host at Sea-Tac International Airport.

Awarded Horizon Air account.

Completes initial public offering with Common Stock being traded on the Nasdaq National Market under the trading symbol "SBUX."

Opens in Los Angeles.

Establishes a relationship with CARE, the international relief and development organization, and introduces the CARE coffee sampler.

Opens second roasting plant in Kent, Washington.

Completes $80.5 million convertible debenture offering.

Starbucks expands headquarters in Seattle and builds a new roasting plant.

Opens in San Francisco; San Diego; Orange County, California; and Denver.

Awarded Nordstrom account.

Becomes the...