FSP's retail database provide an insight into a company with information relating to the company's history, finances, locations and published news.

1. FSP Retailer Profiles
Starbucks

2. FSP Retailer Profiles - Starbucks
About
Founded in Seattle in 1971, Starbucks is coffee shop retailer with over 700 outlets in the UK. It is the
largest coffeehouse company in the world (although there are more Costa Coffee shops in the UK
uniquely) with plans to achieve 40,000 outlets globally.
It is positioned in the Middle sector of the coffee shop market, with a Venti (large) cappuccino costing
around £2.65.
Starbucks Corporation is a public limited company in the US, and subsidiaries include Starbucks Coffee
Company, Tazo Tea Company, Seattle's Best Coffee, Torrefazione Italia, Hear Music and Ethos Water.
The first Starbucks location outside North America opened in Tokyo, Japan, in 1996. Starbucks entered
the U.K. market in 1998 with the acquisition of the then 60-outlet, UK-based Seattle Coffee Company.
By November 2005, London had more outlets than Manhattan.
Amidst the current economic conditions, Starbucks has closed several branches across the world, and
though initially remaining adamant that UK expansion plans are continuing as planned, is reportedly
History looking to sell 50 of the worst performing UK stores.
• In October 2009, the Year BIS Guide
Recent News Starbucks Trading Countries
retailer appointed Gordon Argentina, Aruba , Australia, Austria, Bahamas, Bahrain, Belgium, Brazil, Bulgaria,
2000 Very worrying • 07/01/2011 - Starbucks to
Canada, Chile, China,
Brown as their new Cyprus, Czech Republic, Denmark, Egypt, France, Germany, Greece, Hong Kong,
chairman, who took up 2001 Very worrying change logo and expand Indonesia, Ireland,
Japan, Jordan, Korea, Kuwait, Lebanon, Malaysia, Mexico, New Zealand,
the position on 1 October products offered Netherlands, Northern Ireland,
Oman, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia,
2002 Very worrying • 07/12/2010 - Starbucks Scotland, Singapore,
2009, taking over from Spain, Switzerland, Taiwan, Thailand, Turkey, United Arab Emirates, United States
Peter Gent. Brown, having 2003 Very worrying offered Kraft USD750 million and Wales..
previously served as to end partnership
2004 Very worrying • 15/11/2010 - Starbucks to
managing director at
Wilkinson between 1991– 2005 Very worrying accelerate store openings as
2007 economy recovers
2006 Very worrying • 04/10/2010 - Starbucks to
• 2009 – The 99p Store
Head quarter relocated to 2007 Head above water offer staff NVQs
Daventry • 27/08/2010 - Starbucks takes
2008 Very worrying New Look property head for
• 2006 - £8m cash injection
from Barclays Ventures & 2009 Very worrying
fresh brew
Lloyds TSB secured • 17/08/2010 - Starbucks to
• 2001 - 99p Store is enter El Salvador
founded
©FSP 2010. BIS © Department for Business Innovation and Skills.
2 The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk

3. FSP Retailer Profiles - Starbucks
Starbucks Sales Starbucks Financial Health
Starbucks Financial Health Progression
105
400000
100
350000
95
300000
90
250000
Millions
85
200000
P2
Sales Exc Vat 80
150000 P2
75
100000 UK Sales Exc Vat
70
50000
0 65
60
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Year Year
©FSP 2010. BIS © Department for Business Innovation and Skills.
3 The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk

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