Friday, August 31, 2007

Jaggernauthmar100-STARBUCKS COOPERATION

Starbucks Coffee company established some 30 yrs ago by brooklyn born Howard Schultz, It was an inspiration vavcation experienced from a trip to ITALY, it was there where he was amazed by the way the Italians embraced the drinking of Coffee and Espresso beverages.
He came back to the US and had convienced a friend to buy a small coffee shop in seattle market , Pikes Place, it was bought for a merely 1 million dollars some 30 yrs ago. The company global network value currently is estimated to be worth some 54 billion dollars.
Starbucks has changed the way people drink coffee globally, its a CELEBRITY name by its self.
The company stock which started out at $5 30 yrs ago has risen three times to $60 and had split. Many people made alot of money from this cooperation that respected their employees greatly by paying them way above the national mininum wage level, the company is currently operated with some 120,000 employees throughtout 1400 store locations. The company demand has grown tremendously and is expected to have some 30,000 operational stores by the next 3 yrs.
Starbucks is a dream came through for Howard Schultz and its followers. A company with great vaule in the coffee market world.

Thursday, August 30, 2007