Starbucks is a U.S. corporation that sells high quality roasted coffees, hand crafted coffee and teas; as well as fresh food items. They sell these through their company operated stores and other methods such as licenses stores and food service accounts (Investor Relations, n.d.). They started in 1971 with a single store in Seattle Washington and as of June 2015 they had 25,519 stores worldwide. Starbucks sells their products is the U.S., Canada, Latin America, Europe, Middle East, Africa and China/Asia Pacific. They market their products under other names such as Teavanna, Seattle’s Best Coffee and Evolution Fresh (Company Information, n.d.).
Starbucks Corporation does not use a calendar fiscal year end but instead they end their fiscal