Starbucks aims to create a people-focused business that serves high-quality coffee. Founded in 1971, it was purchased by Howard Schultz in 1987 who expanded it globally. Starbucks focuses on diversity, social networking, fair treatment of employees, and environmental sustainability. It sells hot and cold coffee drinks and foods in stores designed for customer comfort. Starbucks has over 17,000 stores globally, $10.7B in annual sales, and competes with stores like McDonald's and Dunkin Donuts. It organizes its business into 4 seasonal campaigns and focuses advertising on building loyal customers.