Starbucks Corporation is a global coffeehouse chain headquartered in Seattle, Washington. In 2018, it had over 27,000 locations in 75 countries, 277,000 employees, and $22.4 billion in revenue. A SWOT analysis of Starbucks identified its strengths as its global brand recognition and loyal customer base, weaknesses as its dependence on the US market and high operating costs, opportunities in expanding its international presence and food offerings, and threats from increased competition and changes in consumer preferences.
Starbucks Corporation is a global coffeehouse chain headquartered in Seattle, Washington. In 2018, it had over 27,000 locations in 75 countries, 277,000 employees, and $22.4 billion in revenue. A SWOT analysis of Starbucks identified its strengths as its global brand recognition and loyal customer base, weaknesses as its dependence on the US market and high operating costs, opportunities in expanding its international presence and food offerings, and threats from increased competition and changes in consumer preferences.
Starbucks Corporation is a global coffeehouse chain headquartered in Seattle, Washington. In 2018, it had over 27,000 locations in 75 countries, 277,000 employees, and $22.4 billion in revenue. A SWOT analysis of Starbucks identified its strengths as its global brand recognition and loyal customer base, weaknesses as its dependence on the US market and high operating costs, opportunities in expanding its international presence and food offerings, and threats from increased competition and changes in consumer preferences.
Company Background KEY FACTS Name STARBUCKS CORPORATION Founded March 31, 1971 Industries served Restaurants (Coffeehouses) Geographic areas Worldwide (27,339 coffeehouses in 75 countries) served Headquarters Seattle, Washington, United States Current CEO Kevin R. Johnson Revenue (US$) 22.387 billion (2017) 5% increase over 21.316 billion (2016) Profit (US$) 2.885 billion (2017) 2.4% increase over 2.818 billion (2016) Employees 277,000 (2017) Main Competitors Caribou Coffee Company, Costa Coffee, Dunkin' Brands Group, Inc., Green Mountain Coffee Roasters, McDonald's Corporation, Nestlé S.A. and many other restaurant chains and coffeehouses. What is SWOT ANALYSIS • It’s a study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats.