Facts, Features

12 Things You Didn’t Know About Starbucks Coffee Company

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  1. The Starbucks name came from Starbuck, Captain Ahab’s first mate on the ship in Herman Melville’s classic 1851 novel Moby Dick, who was depicted as an avid coffee drinker.
  2. The first Starbucks store opened in Seattle’s (U.S.)historic Pike Place Market in 1971. It was set up by two local Seattle teachers and a writer and was originally called Starbucks Coffee, Tea and Spices. The name waslater changed to Starbucks Coffee Company.
  3. The original Starbucks logo is based on a 16th century Norse woodcut; a two-tailed mermaid encircled by the store’s original name, Starbucks Coffee, Tea and Spices. The mermaid or siren reflects the seafaring origins of the early coffee traders.
  4. The company was listed on the NASDAQ stock exchange in 1992 and opened its first store internationally in Japan in 1996. There are now over 7,000,000 shareholders who collectively own Starbucks stock.
  5. Starbucks CoffeeCompany is a global company with more than 17 000 stores worldwide in 49 international markets, employing160,000 partners (employees) worldwide.
  6. The first store opened by Starbucks in the Middle East was in Kuwait in 1999 through a licensing agreement with M.H. Alshaya Co. WLL, a private Kuwait
    family business.  Today M.H. Alshaya Co. has over 280 Starbucks stores across the Middle East region, Including Kuwait, Kingdom of Saudi Arabia, United Arab Emirates, Egypt, Lebanon, Jordan, Qatar, Oman and Bahrain.
  7. 4% of Starbucks total coffee purchases in 2007 were Certified Organic Coffee
  8. Pounds of green (unroasted) coffee purchased from Fair Trade Certified™ cooperatives: 6%
  9. Starbucks Coffee Company purchased 352 million pounds/160 million kg of green coffee between Oct. 2006 and Sept. 2007.
  10. Starbucks bought coffee from 25 different countries during 2007 fiscal year.
  11. In fiscal 2007, Starbucks coffee company paid an average price of $1.43 per pound of coffee, or $3.16 per kilogram.
  12. Net revenues of $2.4 billion in the 3rd quarter of 2009.

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