• Fri
  • Oct 24, 2014
  • Updated: 6:04am

Starbucks

Starbucks is a global coffee company founded in 1971 in Seattle, Washington, as a roaster and retailer of whole bean and ground coffee, tea and spices. Today it is the largest coffeehouse company in the world, with 20,366 stores in 61 countries. Starbucks went public on June 26, 1992 at a price of $17 per share (or $0.53 per share, adjusted for subsequent stock splits) and closed trading that first day at $21.50 per share. Starbucks Corporation's common stock is listed on NASDAQ, under the trading symbol SBUX. 

Have a coffee, and think public relations

When Starbucks opened an outlet in the Forbidden City in 2000, many locals were outraged. But when the same round, green sign was hung up at the end of last year at the Great Wall, nobody seemed to notice.

Monday, 6 March, 2006, 12:00am

Hot Picks

Maria Kulsrud, 13, Delia School of Canada

CD: Breakaway by Kelly Clarkson. The songs are about love and broken hearts. I like her voice and think she's a very good singer.

DVD: Raise Your Voice. It's funny and cool. If you like singing, you'll enjoy watching this movie. Hilary Duff is a good actress to watch in this film.

5 Mar 2006 - 12:00am

Starbucks sets sights on China despite copycats

United States coffee retailer Starbucks has identified the mainland as its top global priority and

expects the country to become its second-largest market after the US, Starbucks chairman Howard

Schultz said in Beijing yesterday.

But the company faces numerous challenges convincing the world's largest tea-drinking nation to

15 Feb 2006 - 12:00am

Hot Picks

Irene Yeung, 16, Island School

CD: Saosin's EP Translating the Name. It was released two years ago, but many still have yet to hear this amazingly talented band that plays hardcore psychedelic rock.

12 Feb 2006 - 12:00am

A fresh brew

Look at all the Starbucks', a recently arrived friend from the United States said with a note of dejection in his voice. 'Taipei is so westernised.' With more than 70 branches of Starbucks in Taipei alone, he has a point.

14 Jul 2005 - 12:00am

Starbucks extending reach in China

Starbucks Coffee International announced plans to take majority control of Coffee Concepts (Southern China) and will expand its presence on the mainland.

10 Jun 2005 - 12:00am

Cost of a coffee fix bubbling upwards

Like Hong Kong's economy, the cost of daily caffeine fixes in coffee shops is on the boil.

No matter what your preference - latte, cappuccino, espresso - the cost, in general, has gone up between $1 and $2 a cup in all the city's recognised coffee houses.

23 May 2005 - 12:00am

Sober start ahead of final fury

Record coffee queues as the fans prepare for one last assault on the senses

21 Mar 2005 - 12:00am

Friendly neighbour Starbucks keeps growth on the boil

SOMETIMES SUCCESS in business comes down to paying attention to the simple things, such as a welcoming smile or remembering someone's name. It is those warm and friendly extra touches that have underpinned the success of Starbucks and helped the company grow from two local stores in May 2000 to the 47 now dotted all around Hong Kong.

5 Feb 2005 - 12:00am

BEAN TALK

FIVE REASONS TO DRINK MORE COFFEE:

It's good for your sex life: Men and women who have at least one cup of coffee a day are twice as likely to describe themselves as sexually active, according to a survey by Men's Health magazine. A cup of coffee in bed in the morning is particularly effective, the magazine says.

5 Jul 2004 - 12:00am

Save the earth and your exchequer

Sitting at a cafe in an Admiralty shopping mall, Roy Tam Hoi-pong takes mental notes in his 'environmental notebook'. The air-conditioning is not as cold as it used to be - a plus. None of the cups used by Starbucks patrons can be recycled - a minus.

29 Jun 2004 - 12:00am

Too much caffeine

My boyfriend has fallen victim to an obsessive new movement. He takes part in it in Manhattan every morning and some evenings, while every weekend he has longer spells in its grip near where he lives in the New York borough of Queens. When he is travelling, he searches it out in an airport, a shopping centre, a hotel, sports stadium, even a casino.

5 Jun 2004 - 12:00am

Practice and theory

Wang Jinlong is exactly the kind of person China wants to attract. A graduate of Columbia Law School, he worked for two big US legal firms and then Starbucks, where he headed its international operations.

17 Feb 2004 - 12:00am

Starbucks sues in Shanghai cafe sign spat

United States coffee giant Starbucks Corp is suing a Shanghai-based cafe for trademark infringement, alleging that its logo and brand name have been copied.

The case is expected to be heard in the Second Intermediate People's Court of Shanghai in April, according to Starbucks' Hong Kong-based law firm Baker & McKenzie.

31 Jan 2004 - 12:00am

Just a friend?

Sipping a raspberry frappuccino in a bustling branch of Starbucks, you laugh as he regales you with stories of university life in Canada. You wonder, however, at his choice of beverage: decaf in the mecca of caffeine? Interesting.

8 Jan 2004 - 12:00am