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STARBUCKS
Founded in 1971 in Seattle's Pike Place Market, Starbucks is the world's largest purveyor of premium coffee. Starbucks is named for the first mate in Herman Melville's Moby Dick. The original name of the company was Starbucks Coffee, Tea and Spices. Its mission: "To establish Starbucks as the premier purveyor of the finest coffee in the world while maintaining our uncompromising principles as we grow." In fiscal 2007, revenues were $9.4 billion with operating income of $1.1 billion.
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Starbucks announced on July 17 it plans to close approx. 600 U.S. locations -- here's the list.
The latest financials and stock info on the coffee chain
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Top Sources: Starbucks
- investor.starbucks.com
- economist.com
- starbucks.com
- investing.businessweek.com
- Wikipedia
