advertisement
Most Innovative Companies

Starbucks

The World's Most Innovative Companies 2018

Starbucks is a global coffee company with over 23,000 storefronts selling coffee and espresso drinks in 75 countries. It was founded in 1971, and has expanded its tea, bakery, and grab-and-go offerings with acquisitions of Teavana, La Boulange, and Evolution Fresh, respectively. In recent years, the company has focused on reshaping its business model in ways that do more social good. That includes a partnership with Feeding America to donate 100% of all daily leftovers to nearby community groups--an effort that’s expected to decrease the company’s food waste and provide 50 million meals annually by the time it scales in 2020. In 2017, Starbucks committed to hiring 10,000 refugees at stores in areas where they’ve resettled, while continuing to open cafes to provide jobs and boost development in economically depressed cities around the United States. Current spots,  including Ferguson, Missouri; Baltimore; and Chicago’s Englewood neighborhood, among others, are already up and running.

Lists
2017: Food
2014: Design
2011: Retail
Data
public or private: Public
staff: 330,000
users: Between 85 million and 90 million customers per week globally
headquarters: Seattle, Washington
Starbucks On The Web
Read More
advertisement
advertisement
advertisement
advertisement