What Companies Does Starbucks Own?

As the largest restaurant chain in the world, Starbucks has a far-reaching influence on many aspects of our lives.

Starbucks owns numerous other companies across several different categories. From tea and juice to baking mixes and restaurant chains, there is a surprising range of businesses that come under the umbrella of Starbucks.

In this blog post, we will explore what other companies are part of the extensive international corporation that is Starbucks.

Join us as we investigate who else benefits from their expansive ownership structure.

Who Owns Starbucks?

Starbucks is a publicly traded company.

This means that shares of the company are available to purchase on the stock market, and therefore, owned by various investors.

The founder, Howard Schultz, who transformed Starbucks into the global brand it is today, retired in 2018 and no longer holds any ownership stake in the company.

Though Starbucks stocks may have fluctuated over the years, it remains a beloved coffee haven for caffeine enthusiasts everywhere, no matter who ultimately owns it.

What Companies Does Starbucks Own?

Here is a list of industries and sectors in which Starbucks owns companies and brands:

1. Food and Beverage Companies Owned by Starbucks

Starbucks is best known for its coffee, but it is also the parent company of several other food and beverage companies.

These include Seattle’s Best Coffee, Torrefazione Italia, Evolution Fresh, Teavana, Tazo Tea, La Boulange Bakery, and Ethos Water.

All of these businesses have been acquired by Starbucks in various years since the late 1990s and offer unique products that complement their core offerings.

From high-end espresso drinks to delicious pastries to revitalizing bottled water – Starbucks has something for everyone!

2. Restaurant Chains Owned by Starbucks

In addition to owning a range of food and beverage companies, Starbucks also has an impressive stake in the restaurant industry.

They own several popular eateries including La Boulangerie de France, Princi Bakery, and the Italian-inspired chain in Italy called Il Giornale.

Each of these restaurants offers unique menus that reflect their respective cultures while still keeping within the Starbucks brand ideals.

Furthermore, in 2020 Starbucks acquired the iconic coffee chain cafe Coffee Bean & Tea Leaf which further solidified its dominance over the specialty coffee industry.

3. Retail Companies Owned by Starbucks

The retail sector is yet another arena where Starbucks has a significant presence.

The company owns several retail stores such as Teavana, Evolution Fresh, and the high-end luxury boutique store Verismo.

On top of this, they have also acquired several online stores including Amazon’s Whole Foods Market USA and UK, and their own ecommerce platform called TeavanaDirect.com.

Through these various channels, customers can purchase unique gifts and products that are only available from Starbucks in order to enhance their overall shopping experience.

4. Technology Companies Owned by Starbucks

Though not as widely known, Starbucks also owns a handful of technology companies that focus on the digital side of things.

These include the mobile payment app and loyalty program My Starbucks Rewards, in-store music streaming service Hear Music, and online ordering platform Mobile Order & Pay.

Moreover, they recently acquired AI start-up DeepMind Technologies to expand their presence in the tech world.

All these investments are geared towards furthering their mission to provide customers with an exceptional coffee experience regardless of how they choose to interact with the brand.

5. Other Companies Owned by Starbucks

On top of food and beverage companies and restaurant chains, Starbucks also owns a number of other businesses outside of coffee.

This includes the Hear Music record label, Evolution Fresh Juice Company, Seattle Coffee Gear stores, and even an online streaming service called Víaponte.

All of these ventures allow Starbucks to expand its reach beyond simply selling coffee and give customers access to a wide range of products and experiences.

When was Starbucks Founded?

Well, Starbucks was established in Seattle, Washington in 1971, by three friends who were passionate about quality coffee.

Today, the company has expanded globally, with over 30,000 stores in 80 countries around the world.

From the signature green logo to the beloved seasonal drinks, Starbucks has become a staple in the daily routines of millions of people worldwide.

But it all started with a small shop in Seattle over 50 years ago.

Who is the CEO of Starbucks?

Kevin Johnson, the CEO of Starbucks, assumed the role in 2017 with an impressive resume that boasts executive-level positions at some of the biggest technology companies in the world.

Johnson’s commitment to sustainable business practices and his focus on delivering exceptional customer experiences have propelled Starbucks to new heights.

His leadership has been instrumental in driving the company’s continued growth, making Starbucks a household name synonymous with quality coffee and community engagement.

Despite the challenges faced by the food and beverage industry, Kevin Johnson’s leadership has positioned Starbucks to remain at the forefront of the industry for years to come.

What is the Net Worth of Starbucks?

As of August 2023, Starbucks has an estimated net worth of roughly $111.37 billion.

This is a staggering figure that highlights just how successful the company has been in the competitive world of retail and coffee sales.

Starbucks continues to expand and innovate, leaving no doubt that its net worth will continue to rise in the coming years.

Where is the Headquarters of Starbucks?

The headquarters of this famous coffee chain is situated in Seattle, Washington.

It’s a beautiful location that provides stunning views of Puget Sound and the Olympic Mountains.

Seattle is also home to many other famous landmarks, including the Space Needle.

So, the next time you’re in Seattle, be sure to visit the Starbucks headquarters and catch a glimpse of the city’s stunning scenery!

What is the Annual Revenue of Starbucks?

Starbuck’s revenue for the last 12 months ending June 2023 was $35.01 billion.

To put that into perspective, you could buy about 2.4 million Frappuccinos every minute for an entire year with that amount of money.

It’s safe to say that Starbucks is doing pretty well for themselves in the financial department. It’s no wonder they have over 30,000 stores worldwide!

How Many Employees Does Starbucks Have?

As of 2023, Starbucks has over 402,000 full-time and part-time employees working in its stores worldwide.

That’s a huge number of employees for any company!

It just goes to show how much Starbucks values its workforce and how dedicated they are to providing exceptional customer service to all who enter its stores.

Overall, Starbucks continues to be one of the most influential companies in the world.

Their ownership structure is vast and diverse, ranging from food and beverage companies to cafes and restaurants, record labels, streaming services, and much more.

No matter what type of product or service you’re looking for, chances are that Starbucks has something to offer!

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