How Starbucks Became An $80B Business

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CNBC

CNBC

5 жыл бұрын

In its 47-year history, Starbucks has transformed from a single coffee bean store in Seattle to a 30,000 cafe international coffee power house. But massive expansion hasn't come without growing pains.
It's no secret that Starbucks has been struggling to get U.S. customers to frequent its cafes more often. While sales have been positive, the number of customer visits continues to stagnate.
Same-store sales, a key metric in the restaurant industry, have dwindled over the last 12 months as competition heated up and customers were uninspired by some of Starbucks' limited-time offerings. While comparable-store sales exceeded expectations in the fourth quarter that ended Sept. 30, rising 4 percent, much of that was due Starbucks charging more for its lattes.
Under the careful watch of Howard Schultz, Starbucks pursued a strategy of aggressive expansion in the late '80s and early '90s. By the time the company went public in 1992, it had 165 stores.
Four years later, Starbucks opened its 1,000th location, including international cafes in Japan and Singapore. Growth was so rapid that, just two years later, Starbucks opened its 2,000th cafe.
While unit expansion helped boost sales throughout the last two decades - Starbucks has had positive same-store sales growth since 2010 - the company has now spread itself too thin.
With more than 14,000 locations in the United States alone today, Starbucks has cannibalized its own sales. The company is regrouping and rethinking its expansion. It is expected to shutter 150 underperforming locations in 2019, three times the amount it typically does.
Compounding its problems are changing consumer preferences, an issue CEO Kevin Johnson has addressed with investors. People are shying away from sugar-laden calorie bombs, which happen to be one of Starbucks' staples. In 2015, sales of Frappuccinos were 14 percent of Starbucks revenue. However, in the first half of 2018, Frappucino sales were down 3 percent - and accounted for only about 11 percent of the company's revenue.
Making matters worse, Frappuccino sales also were hurt by a lack of innovation, analysts said.
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How Starbucks Became A $80B Business

Пікірлер: 1 000
@menjivarTv
@menjivarTv 5 жыл бұрын
Howard Schultz is a really successful businessman, by this video's description, he sounds like the Steve Jobs of coffee, turning a coffee shop into a "Café experience" and charging a whole lot more for it.
@mirseasons8666
@mirseasons8666 5 жыл бұрын
Yes one man made the difference
@wdai03
@wdai03 5 жыл бұрын
I'm actually skeptical of this. How much of the recovery was really due to espresso training and fresh grinding of coffee beans? And how much was just the market recovering again? Schultz was bought back pretty much at the bottom of the dip, the stock market in general recovered quite quickly after 08
@dannyokezie7656
@dannyokezie7656 5 жыл бұрын
@@wdai03 He also re-trained staff on customer service, and shifted their focus to delivering the best service to their customers- not just esperesso drinks. It says so in the video
@LAFan
@LAFan 5 жыл бұрын
That's great, but I don't want him to be President of the United States.
@WDI2008
@WDI2008 5 жыл бұрын
Except the fact that Howard Schultz sold the Seattle SuperSonics to Clay Bennett in 2006 and ultimately Bennett relocated the team to Oklahoma City and became the Oklahoma City Thunder in 2008.
@MidnightBloomDev
@MidnightBloomDev 5 жыл бұрын
Overpriced coffee *That's how Starbucks works*
@srercrcr
@srercrcr 5 жыл бұрын
Some people are destined for 7-11 coffee.
@carboy101
@carboy101 5 жыл бұрын
It clearly worked.
@NicholasLittlejohn
@NicholasLittlejohn 5 жыл бұрын
Coffee costs about five cents a cup.
@yunloy
@yunloy 5 жыл бұрын
That easy uh? Guess you are the next billionaire.
@fastdollar1
@fastdollar1 5 жыл бұрын
lvl 1 Dunkin vs lvl 35 Starbucks
@yehudahamer1655
@yehudahamer1655 5 жыл бұрын
If it's expensive, drink it slowly.
@LadyUsakoB
@LadyUsakoB 4 жыл бұрын
mhm yup. I have it for a treat, other then that i like my Tim hortons or mc Donalds coffee :D
@jacobs1264
@jacobs1264 4 жыл бұрын
LadyUsako I make my own at home
@LadyUsakoB
@LadyUsakoB 4 жыл бұрын
@@jacobs1264 Same i make mine at home too, about 50/50 of the time...
@justinm16
@justinm16 3 жыл бұрын
It's just a drink... drink it the way you want to
@zerotoux
@zerotoux 5 жыл бұрын
CNBC completely neglected the fact that Starbucks is not just a coffee business; it's a real-estate business. Look at all the property they own. Even if they closed down stores, those property values had probably shot up in the past 40 years.
@NicholasLittlejohn
@NicholasLittlejohn 5 жыл бұрын
I wonder how many they lease vs own. Fast food does this too.
@zerotoux
@zerotoux 5 жыл бұрын
@@NicholasLittlejohn Yup. All those chains, it's the reason why Subway is the most profitable in the business. Because they own property everywhere. But you're right, maybe some are leased out.
@kaglekoa
@kaglekoa 5 жыл бұрын
That is correct. I think the same goes for McDonalds.
@kitcoffey7194
@kitcoffey7194 5 жыл бұрын
@@kaglekoa yes, watch "The Founder" (movie)
@shaunhumphreys6714
@shaunhumphreys6714 5 жыл бұрын
that's a very clever strategy in placing their coffee-houses in those prime locations.
@adiposerex5150
@adiposerex5150 5 жыл бұрын
Expresso? Where did the ‘x’ come from?
@Dralyn06
@Dralyn06 5 жыл бұрын
Express espresso
@semicolon593
@semicolon593 5 жыл бұрын
Your keyboard.
@eddyadityapradhan7960
@eddyadityapradhan7960 5 жыл бұрын
From your mom 😏
@vasurao6460
@vasurao6460 4 жыл бұрын
Expresso from donkey kong? dafuq
@4ourty5ive
@4ourty5ive 4 жыл бұрын
Yeah, Schultz should have trained her on how to pronounce it
@pranshuanand4560
@pranshuanand4560 5 жыл бұрын
Hahaha.....When I was US, I saw my friend's card bill -500$ a month on Starbucks 🤣🤣🤣
@Calvbread
@Calvbread 4 жыл бұрын
Probably a basic white girl
@nathanl.4528
@nathanl.4528 4 жыл бұрын
In a year or two, that's a downpayment on an apartment!
@Ahmad-ju6pf
@Ahmad-ju6pf 3 жыл бұрын
6500 dollars of coffee a year
@vpmm2j
@vpmm2j 3 жыл бұрын
I had a friend that would spend $300-$500/month on SBs
@jeffreyjames6581
@jeffreyjames6581 3 жыл бұрын
@@vpmm2jExactly, forgive me but I spend more, seemed you don't like coffee much.
@numanuma20
@numanuma20 5 жыл бұрын
I’m so glad to have found local cafes in my area. Those have been a game changer for me in the world of coffee. Coffee for me isn’t just a some caffeine drink that you dump cream and sugar into, it is an art as well as a science.
@NicholasLittlejohn
@NicholasLittlejohn 5 жыл бұрын
Precisely!
@MrDylsha
@MrDylsha 5 жыл бұрын
This is why starbucks failed in Australia, we actually know what good coffee is and have local cafes in every single suburb. So no need to support a big, multinational billion dollar company when we can just support locals
@NazriB
@NazriB 11 ай бұрын
Lies again? Steam Card
@eamonnsiocain6454
@eamonnsiocain6454 5 жыл бұрын
Peet's Coffee is locally roasted. Each pack is marked with the roasting date. I don't buy coffee that was sitting on the shelf for more than two weeks after roasting. It makes a huge difference in the taste.
@jackiecastro18ify
@jackiecastro18ify 5 жыл бұрын
These videos are fascinating. Thank you for uploading(:
@creatizesfrozen7643
@creatizesfrozen7643 3 жыл бұрын
Clock is ticking to dine together with a spoon concave for a reflection new, moments and momentous, with many in offer, www.flamer.tribe.so, www.frnz.tribe.so, www.funs.tribe.so, designing the times!
@finalbox4416
@finalbox4416 5 жыл бұрын
*Coffee* And Wifi
@maivutan1
@maivutan1 5 жыл бұрын
And power socket 😂
@gilbertplays
@gilbertplays 5 жыл бұрын
The only reason why I go to a starbucks for meetings and work instead of Jollibee.
@maivutan1
@maivutan1 5 жыл бұрын
@@gilbertplays You're a Filipino 🙃
@gilbertplays
@gilbertplays 5 жыл бұрын
@@maivutan1 yep.
@BillAnt
@BillAnt 5 жыл бұрын
Rest assured you would never see me at one of these overpriced "brown water" peddlers. A $1 cup of coffee from any corner store will do just fine for me... oh I just saved $3 while writing this. Tsk-Tsk By the way, I got my own private hotspot in my pocket... paid for with just a fraction of money I have saved. Oh almost forgot, this video was brought to you by the sponsorship of Starbucks. xD
@elizaiv
@elizaiv 3 жыл бұрын
'Travelled to Italy and returned with an idea' - such a beautiful way to say the 'idea' was basically to import the coffee culture of Europe to the US :D.
@larrybuchannan186
@larrybuchannan186 Жыл бұрын
Starbucks has literally thousands of stores outside USA Starbucks has a massive presence outside USA too Anybody who thinks Starbucks is irrelevant outside USA is kidding themselves Starbucks is literally the biggest coffee chain in the world No country in the world has a coffee chain that is as dominant as starbucks That is a nobrainer.
@larrybuchannan186
@larrybuchannan186 Жыл бұрын
Starbucks is far more successful than any coffee chain Italy has been able to produce Italy is nomatch to USA
@elizaiv
@elizaiv Жыл бұрын
@@larrybuchannan186 , obviously , the US is a larger market. How is that relevant to my statement though ;)?
@Wimmle
@Wimmle 5 жыл бұрын
Completely failed in Australia because in Australia knows real coffee thanks to the Italians
@il2626
@il2626 4 жыл бұрын
Also in Italy there is only 1 Starbucks but it's better than the others. Still noone goes there.
@waleedahmed8010
@waleedahmed8010 4 жыл бұрын
Gloria Jeans for the win
@Timothee_Chalamet_CMBYN
@Timothee_Chalamet_CMBYN 4 жыл бұрын
Dumb comment. This then means every other country don’t know real coffee? AlsoStarbucks don’t grow thier coffee, they get it from other countries, same as when you get your coffee.
@suzie5813
@suzie5813 3 жыл бұрын
I've met Australians in seattle, obsessed with coffee and studying the art of coffee making.. some moved there specifically to maybe make a career out of it..maybe they even took that experience back with them...nothing to do with Italy ...
@larrybuchannan186
@larrybuchannan186 Жыл бұрын
@@il2626 In Italy there are plenty of starbucks.
@RudieObias
@RudieObias 5 жыл бұрын
I make my own coffee at home now. It's cheaper and faster than going to Starbucks every morning. I only go to Starbucks in the morning, if I run out of coffee at home, but I have to account for more time to get to the office.
@reds7vn644
@reds7vn644 5 жыл бұрын
Exactly and that's what's killing Starbucks there's so much good micro brand coffees out there like Invader coffee or Black Rifle coffee and even companies that weren't available to the masses like Community Coffee which is a Louisiana coffee. It starts it used to be if you want to Coffee you had to go to a diner or a store of some kind and then instant coffee and canned coffee came available and everyone just started making it home now the trend is repeating itself and there are better coffees than what you can get at Starbucks or really any coffee store that you can Brew right in your home and that's what people are doing I myself love the fact that I can experiment in my own home at a fraction of the cost that I have to pay a store like Starbucks. Much like the beer industry where micro breweries are taking over and killing sales like the giant Budweiser. The coffee industry is following suit.
@abhijittripathi1385
@abhijittripathi1385 5 жыл бұрын
Over a long period it adds up to a lot of money which can be better used for investments and leading a comfortable life instead of worrying about the next pay check. Same goes for unreasonably expensive cars , watches and Iphones. And people have this unreasonable thought process that everyone is looking at them and judging their lifestyle when nobody really cares. There is no better feeling than waking up in the morning and knowing even if you get fired youll be just alright
@sokpheng9915
@sokpheng9915 5 жыл бұрын
Corolla 2001 vs 1998
@cynthiawilliams8185
@cynthiawilliams8185 3 жыл бұрын
Awww. Lol
@vpmm2j
@vpmm2j 3 жыл бұрын
I am a former SB Barista and I have been making my own cafe Espresso drinks for years with my Delonghi Espresso Machine. When I travel, I do try to find a local mom & pop coffee ☕ house. My SB app has $$$ on it since my friends gives me SB Gift cards
@SurendranSelvaraj23
@SurendranSelvaraj23 4 жыл бұрын
All your videos are good. It shows the sales growth. It would be great if you can add the net profit over the years which would show the exact growth.
@MM-NolascoPH
@MM-NolascoPH 3 жыл бұрын
Actually, in Asian countries, Starbucks started a plan to make us love it even more. As early as 2004, Starbucks has brought their trademark planners in Singapore, Taiwan, and the Philippines. Yes, Starbucks Planners existed. All you need is to collect 18 stickers (1 drink = 1 sticker) to have a planner or a travel organizer journal.
@thisisyourlife2068
@thisisyourlife2068 3 жыл бұрын
Thank you for the video, guys. I am in love with the concept of Starbucks. Earlier I was thinking that the coffee is overpriced but apparently after comparing with other coffee shops I figured out that the price includes not only a HUGE cup of delicious coffee but at the same time the rent of the table and chair where you may stay for 3-5 hours and no one will tell you a word. As I freelancer, I am choosing Starbucks for the atmosphere! In addition to that, I've read a book called " How Starbucks Fought for Its Life without Losing Its Soul". I highly recommend it to everyone! It's a remarkable story, revealing how, during one of the most tumultuous economic periods in American history, Starbucks again achieved profitability and sustainability without sacrificing humanity.
@NazriB
@NazriB 5 ай бұрын
Lies again? Grab Drinks Google Drive
@patw.6567
@patw.6567 5 жыл бұрын
coffee has been such a part of life and culture that it makes perfect sense Howard Schultz is a genius.
@FreewayBrent
@FreewayBrent 5 жыл бұрын
I personally think Starbucks is gross; the coffee beans are over-roasted, so it tastes super bitter and not pleasant at all. Their specialty drinks are often just a bunch of high sugary syrups; not an authentic coffee experience by any means. With that being said, you've gotta respect what they've done as a company and brand over the past few decades, and they generally provide good customer service, which I can't say about some other chains. I *will* stop by on occasion for their to-go protein boxes when I'm in a rush.
@leonidassabr9197
@leonidassabr9197 4 жыл бұрын
I defiantly dont respect them as a brand
@sassylady3003
@sassylady3003 4 жыл бұрын
I agree coffee is very bitter
@medditor3863
@medditor3863 4 жыл бұрын
Ok boomer
@redtiger4352
@redtiger4352 3 жыл бұрын
Convenience and availability over quality and taste any day. It doesn't matter how good the taste is if you can't find it
@tangledwebb5044
@tangledwebb5044 2 жыл бұрын
There are medium roasted and blonde coffee as well, for those who don't care for the bitterness. But better yet, it is best when you customize it - ie. Tall Vanilla Bean Frappuccino with 1 shot of Espresso in a Grande cup!
@rawsanity27
@rawsanity27 3 жыл бұрын
My Mother goes to Starbucks everyday. She loves that place. People are just addicted to it for some reason.
@jacquelinegarcia1075
@jacquelinegarcia1075 2 жыл бұрын
i never understand the obsession, i prefer going to dunkin donuts
@en2p187
@en2p187 2 жыл бұрын
I've only been to Starbucks once and that was because my dad wanted to try it, I thought it was a random tea and coffee shop at first lol
@jhon.e4437
@jhon.e4437 3 жыл бұрын
Oh man, every time Howard Schultz was introduced in the video, my hairs stood up. What a legend.
@samhakimi2
@samhakimi2 5 жыл бұрын
keep the wifi reliable and people will keep coming back
@mattyiannielli2067
@mattyiannielli2067 4 жыл бұрын
As long as Starbucks has faster WiFi before it becomes obsolete.
@jousemartinez1106
@jousemartinez1106 5 жыл бұрын
EASY. MAKE a 2 dollar coffee and sell it for 26 dollars
@ironman2326
@ironman2326 5 жыл бұрын
Actually a grande black coffee is like $2.32
@jousemartinez1106
@jousemartinez1106 5 жыл бұрын
@@ironman2326 i don't think u get what im saying
@numanuma20
@numanuma20 5 жыл бұрын
Can you make a double shot latte?
@thebasketballhistorian3291
@thebasketballhistorian3291 5 жыл бұрын
Okay. So why don't you open your own successful coffee shop if it's that easy? And $26... I think you've never been inside of a Starbucks. $5.50 (largest size) is their most expensive drink.
@numanuma20
@numanuma20 5 жыл бұрын
I've paid way more for coffee in cafes and whole bean bags to support the specialty coffee industry.
@dr.wezisunkutumd8745
@dr.wezisunkutumd8745 2 жыл бұрын
Great overview of the growth of Starbucks Cafe. I was privileged to have visited the Oldest Starbucks in Seattle, WA near the fish market. Great legacy there. I salute.
@todchackers_getoffmyphone
@todchackers_getoffmyphone 4 жыл бұрын
Food for thought: I find it difficult to criticize Starbucks because they are more generous to their employees than most any other comparable company I personally know of. Plus, their employees do not seem overly stressed. In fact the opposite, they appear to have fun & enjoy their job while at the same time they do a great job. Starbucks trains all of their employees well so that they take pride in their product & feel good about being able to do their job well. In addition, they offer an above average pay scale with benefits that very few if any other companies offer such as: medical, dental & more that I can't recall at the moment. But, the best benefit is free college through the highly rated online Arizona State College. I think Starbucks is giving back big time & it is a great opportunity for many people who might not be able to go to college otherwise. I have asked many of the employees all across the country about their job satisfaction & I plan to take a more serious poll regarding how many are now or plan to take advantage of the college option, but so far, quite a few are using that benefit.
@ObinnaOkehie
@ObinnaOkehie 2 жыл бұрын
The way you say this is so interesting.
@ObinnaOkehie
@ObinnaOkehie 2 жыл бұрын
Did you go through with the research?
@alicedamiano7718
@alicedamiano7718 Жыл бұрын
Sounds like Chick-FIl-A _plus_ probably more benefits _minus_ that holier-than-thou part of CFA's company culture, that imo doesn't fit the *food* industry.
@mfitzy100
@mfitzy100 5 жыл бұрын
Starbucks is way too expensive, here in Ireland at least. €4 or so for a bloody coffee.
@ElvisR120
@ElvisR120 3 жыл бұрын
Cheap
@nicolequishpe6211
@nicolequishpe6211 3 жыл бұрын
El vídeo es muy importante para poder entender el crecimiento de la que hoy en la internacional franquicia de Starbucks, en este se explica como a partir de una fusión de empresas se formó este imperio del café. Muestra el desarrollo y los distintos canales de distribución que se han generado y cómo a pesar de estar en crisis se han podido mantener e inclusive mejorar. A pesar de que el vídeo es muy informativo y permite al receptor tener una idea clara del por qué la empresa ha logrado tal éxito no describe su comercialización vía on-line ni tampoco sobre sus distintas alianzas con otras empresas con el objetivo de mejorar su calidad al cliente. Se puede decir que Starbucks es una de las franquicias más importantes dentro del mundo cafetero, es reconocido en más de 62 países y ha dejado un legado por su atención no solo al cliente si no también a sus empleados, y ha logrado tener éxito debido a su gran plan de marketing internacional, sabiendo cuando es el momento para expandirse y cuando es el momento para dedicarse a satisfacer a sus consumidores.
@god225577
@god225577 5 жыл бұрын
Wow! what a good video to explain the Starbucks' 47-year history so clearly!
@NicholasLittlejohn
@NicholasLittlejohn 5 жыл бұрын
Support local cafes and drink organic, not fast food coffee.
@user-xd4sk4pk7h
@user-xd4sk4pk7h 5 жыл бұрын
Ethically farmed and fair trade where possible 😊
@gylanioliver4852
@gylanioliver4852 5 жыл бұрын
It sounds nice to drink and support local cafes, but they're about as expensive, if not more expensive than a Starbucks. Also, unlike local cafes where if one closes then you're out luck, if a Starbucks closes, you always know there will be one within a reasonable distance.
@statenisland5743
@statenisland5743 5 жыл бұрын
Exact !!
@annim8103
@annim8103 4 жыл бұрын
@@gylanioliver4852 bro, some cafes take extra work to make the coffee and from scratch, to get proper coffee or making baked goods, theyre the ones that should be getting the money from you guys. help them out
@emc5190
@emc5190 4 жыл бұрын
Nicholas L Starbucks grow their own beans though. They have several farms across the globe as well. Other local coffee shops also purchase their whole beans from starbucks too just branded differently
@epictacero
@epictacero 5 жыл бұрын
White girls. There I saved you the whole video fam
@sweetstorm7652
@sweetstorm7652 5 жыл бұрын
Caddy V pumpkin spice lattes
@laylabug39
@laylabug39 4 жыл бұрын
And asian international students
@Calvbread
@Calvbread 4 жыл бұрын
Basic white girls
@janedoe-ef2bz
@janedoe-ef2bz 4 жыл бұрын
You've summed it up perfectly
@todchackers_getoffmyphone
@todchackers_getoffmyphone 4 жыл бұрын
You don't make sense
@thebradmarkschannel957
@thebradmarkschannel957 5 жыл бұрын
They failed in Australia though. Australians are to sensible.
@ChrisGuiver
@ChrisGuiver 5 жыл бұрын
us aussies love good coffee, why waste money on sugary milky dishwater. (the use of cheap flavors etc to hide they don't have a decent coffee)
@lewizzrocks
@lewizzrocks 5 жыл бұрын
The Brad Marks Channel “sensible “ Australians are just past British convicts 😂 with some vitamin D
@mansoorp8355
@mansoorp8355 5 жыл бұрын
@@ChrisGuiver Gloria Jean's Coffee is quite similar to Starbucks. I think Starbucks gets a bad rap, and for the most part you'll be getting a nice cup of coffee. Is it the best? Definitely, not! However, I'll take Starbucks over most nation wide chains. I hate buying a cup of coffee and not feeling anything (I.e. Dunkin Donuts or that random lil cafe). I think Stabucks made a few mistakes in the Australian marketplace and forgot to factor other variables. Big mistake was Starbucks expanding too fast. They should have just opened a Starbucks in Sydney, Melbourne, and Perth to start. And place it in a strategic part of town (business center). Australians have access to lots of good coffee from Indonesia, and that country very well might produce the best coffee (I lean towards Sana, Yemen). So most regular cafes will probably have really nice fresh coffee. Finally, price is a big factor. At times Starbucks is just too overpriced. In the end, Starbucks is solid (overrated for sure...but most people dont care for the "best" coffee. People tend to buy for convenience, familiarity, and on some level socially). I think if they offered more affordable options on the menu people would be happier with Starbucks. My favorite coffee brands are Peets, Kicking Horse, and Death Wish (love deathwish just a little expensive). Also on the organic side (I like organic things mainly for taste). Any recommendations for other coffee brands?
@numanuma20
@numanuma20 5 жыл бұрын
Australia knows good coffee. They invented the flat white drink.
@BlownMacTruck
@BlownMacTruck 5 жыл бұрын
What? Gloria Jean’s is all over Australia and is arguably worse, especially in terms of corporate culture.
@nicuvrabii8052
@nicuvrabii8052 5 жыл бұрын
Great quality and highly informative. Go on!
@meganparker413
@meganparker413 5 жыл бұрын
Well coffee is one of the most used addictive substance on the planet.. so that could’ve played a part🤷🏼‍♂️
@aliveandunwell430
@aliveandunwell430 3 жыл бұрын
along with alcohol just sayin lmao
@othmane-mezian
@othmane-mezian 3 жыл бұрын
Just sugar is enough to keep them addicted
@tufstuff2586
@tufstuff2586 2 жыл бұрын
NO WAY YOU FOR REAL
@Bobbychristopher
@Bobbychristopher 5 жыл бұрын
Drop Facebook and Starbucks. Toxic corporate culture.
@reds7vn644
@reds7vn644 5 жыл бұрын
Oh yes they are!
@alexsiemers7898
@alexsiemers7898 4 жыл бұрын
And Disney
@dmytroburdenko9879
@dmytroburdenko9879 5 жыл бұрын
I’m unreasonably mad at the narrator pronouncing “espresso” wrong at 4:33 :D
@dmytroburdenko9879
@dmytroburdenko9879 5 жыл бұрын
@@magquark2949 She pronounces the "x", which isn't supposed to be there. I looked up the Italian pronunciation, doesn't have it either
@giovannip8600
@giovannip8600 5 жыл бұрын
I speak Italian and @Dmytro Burdenko is right, congrats spreading actual knowledge
@jonathanpalmer228
@jonathanpalmer228 5 жыл бұрын
@@magquark2949 haha you were wrong
@rctheman5758
@rctheman5758 5 жыл бұрын
I noticed that too!
@RONNYfromOZ
@RONNYfromOZ 5 жыл бұрын
Who gives a toss. You still understood her, right?
@Bekssss
@Bekssss 4 жыл бұрын
I visited first time in many years , paid $3.35 for regular coffee, never again 🤣
@maryjane-ip3tr
@maryjane-ip3tr 4 жыл бұрын
I'm proud to say that I haven't bought a Starbucks drink in over 10 years
@editedbymaxwell
@editedbymaxwell 2 жыл бұрын
lol want a cookie?
@user-il5hy5tr5z
@user-il5hy5tr5z 2 жыл бұрын
@@editedbymaxwell ?
@Aryannnnn609
@Aryannnnn609 2 жыл бұрын
ngl the coffe you make at home is better.
@darkknight04299
@darkknight04299 2 жыл бұрын
@@editedbymaxwell υ wanт aттenтιon?
@cruzada07
@cruzada07 5 жыл бұрын
Got a lot of Starbucks lovers / they'll tell you I'm insane
@fionaibbetson4576
@fionaibbetson4576 3 жыл бұрын
i always thought these were the words
@maria21932012
@maria21932012 4 жыл бұрын
There customer service is amazing i called and told them about my bad experience they emailed me a 10$ gift card for my trouble! I had only paid 3.5 for the iced coffee
@othmane-mezian
@othmane-mezian 3 жыл бұрын
Because they are sure you'll end buying hundreds of $ in the future
@nevillej
@nevillej 4 жыл бұрын
I work for Starbucks and after 3 hours into my shift we did a register check and it was slow and I sold over $600 worth of product imagine this times the crazy number of stores and if other stores were busier and you are making money
@j.m.r.f6286
@j.m.r.f6286 3 жыл бұрын
The foam cups are very creative and solo cups, thank you gracialeh very much if your in Barnes and noble community concerns.
@marshandomness
@marshandomness 5 жыл бұрын
If you buy the food from Starbucks you're paying for something that literally comes frozen.
@Raiya_ru17
@Raiya_ru17 3 жыл бұрын
Nope. One local bakery who is their contractor suddenly became famous when people found out they are supplying the bannoffee pie on our local Starbucks. You’ll know when something is frozen lol. Their pastries and breads line up actually became impressive recently.
@marshandomness
@marshandomness 3 жыл бұрын
@@Raiya_ru17 You ever worked there? like it all comes literally frozen solid and you thaw it out in the morning if you're planning on selling it.
@friedrice4015
@friedrice4015 3 жыл бұрын
@@Raiya_ru17 If your Starbucks is serving a pie, it's a independent store. Basically, it doesn't have the same connection to corporate. There's almost no independent Starbucks, almost all of them are corporate. I also work at a corporate Starbucks. Our paninis are frozen, and if yours sells the same paninis as corporate locations, it's also frozen. They are still good, I eat them (usually for free tho) but like...they absolutely arrive at our store frozen.
@xr6lad
@xr6lad 4 жыл бұрын
Got to love CNBC. Starbucks rarely dominates any market outside the USA. It doesnt in most of Europe, certainly not Australia or New Zealand. In fact in Australia they had to shut many stores as you can get better made and roasted and cheaper coffee in pretty much every cafe in the country.
@michaelapuchorova8714
@michaelapuchorova8714 Жыл бұрын
Thank God it doesn´t! It would be so boring with Starbucks everywhere! I mean, yes, as business it is incredible, but the variety offered to a customer seems to be lacking more and more with all these big companies everywhere.... I love coffee and I buy it from a small company in my country and to be honest when I compare the taste of both... Starbucks is nothing but a trend from the US when everyone is carrying a huge cup of coffee with them on their way to work but it has nothing to do with ENJOYING the coffee... mostly when it´s a huge cup full of milk and sugar....
@larrybuchannan186
@larrybuchannan186 Жыл бұрын
@@michaelapuchorova8714 Starbucks is far more successful than any franchise created by whateve thid world country you hail from Starbucks is far more successful than any coffee chain your country produced That is for sure.
@larrybuchannan186
@larrybuchannan186 Жыл бұрын
Starbucks has literally thousands of stores outside USA Starbucks has a massive presence outside USA too Anybody who thinks Starbucks is irrelevant outside USA is kidding themselves Starbucks is literally the biggest coffee chain in the world No country in the world has a coffee chain that is as dominant as starbucks That is a nobrainer.
@michaelapuchorova8714
@michaelapuchorova8714 Жыл бұрын
@@larrybuchannan186 That doesn't mean that its coffee is that great. That means it's just got great marketing. :)
@inferno248
@inferno248 5 жыл бұрын
Nice review, thank you CNBC !
@ravzb40
@ravzb40 5 жыл бұрын
"Yh avoid paying taxes"!
@RocketSailing
@RocketSailing 5 жыл бұрын
Not in Sweden. Starbucks coffe is not very good
@factspk373
@factspk373 4 жыл бұрын
do you drink zlatan coffee?
@karenandrews4224
@karenandrews4224 3 жыл бұрын
But you have Swedish coffee culture like Fika etc
@larrybuchannan186
@larrybuchannan186 Жыл бұрын
Swedish candy is terbl Swedish food is disgusng US food is far far bette
@HAMID___
@HAMID___ 5 жыл бұрын
CNBC is inexplicably obsessed with Starbucks and Apple
@NicholasLittlejohn
@NicholasLittlejohn 5 жыл бұрын
Kickbacks, likely.
@sujaygulwadi5252
@sujaygulwadi5252 5 жыл бұрын
Howard Schultz has close friends in the executive management team of CNBC.
@moochincrawdad
@moochincrawdad 5 жыл бұрын
On the highstreet in my sleepy British town just a few minutes walk away from my house there's a vegan cafe and no fewer than four cafe bars virtually next to each other. Adding to this there's the "big coffee" chainstores Cafe Nero and now Starbucks who converted an abandoned bank bulding - MY old bank branch into a coffee shop! Even Costa (Starbucks greatest nemesis in the UK) tried to pitch in with a coffee vending machine in the Co-op supermarket across the road. How many coffee places can you fit into such a small area? I'm a coffee addict and I've only visited that area twice to get coffee in the last 6 months - could the people want their coffee fix THIS much?
@NicholasLittlejohn
@NicholasLittlejohn 5 жыл бұрын
Coffee is a drug.
@WealthbuilderzTV
@WealthbuilderzTV 5 жыл бұрын
The reserve roastery seems pretty cool. I would like to experience those.
@dougj102463
@dougj102463 4 жыл бұрын
Mr. Schultz is the “Steve Jobs” of coffee. :-D
@n00b247
@n00b247 5 жыл бұрын
4$ for a cup of coffee? Fcuk that.
@JaJaJantsen
@JaJaJantsen 3 жыл бұрын
at my university there's 3 starbucks stores on campus (2 actual stores and a truck) and then theres at least 5 more within a 5 mile radius of the campus lol its madness
@tazdecto
@tazdecto 5 жыл бұрын
My new found favor - Circle K cold brew and Americano mix. $0.99 refill price can’t beat that.
@Thepixiebella
@Thepixiebella 4 жыл бұрын
I get a venti for free every time I go!!! Cause I work there. 😅
@aliveandunwell430
@aliveandunwell430 3 жыл бұрын
naisu
@neumoniad
@neumoniad 5 жыл бұрын
Glad Italians didn’t fall for the Starbucks meme
@xr6lad
@xr6lad 4 жыл бұрын
kernelPANIC or Australia. They had to back right out and close most stores. You can get a better roasted barista made coffee cheaper at pretty much every cafe here. Making coffee is seen as a skill here; not just a after school job for a university student.
@alychees
@alychees 4 жыл бұрын
actually they just opened something like 6 stores in Milan
@jen_nice2059
@jen_nice2059 4 жыл бұрын
kernelPANIC yeah of course. That’s like opening a Dominos in Italy.
@seanthe100
@seanthe100 3 жыл бұрын
$80 Billion says it doesn't need Italy probably larger than all Italian companies.
@larrybuchannan186
@larrybuchannan186 Жыл бұрын
@@xr6ladStarbucks is far far far bette than the crab coffee that you get in France or Spain or gemany the europeans suc at making good coffee And hence they failed to create coffee chains US is a masiv success
@angeloflores2614
@angeloflores2614 4 жыл бұрын
that CEO is really a hardworking and have passion in his expertise
@JoeLikesTrains
@JoeLikesTrains 3 жыл бұрын
The nearest thing to a Starbucks store in my 10.000 population town is the 1 coffee machine, but thats changing, theyre building a new Building, might be the first of its kind, where 4 stores can be held, Starbucks, mcdonalds, Migros (a national grocery store) and Adidas
@chongo905
@chongo905 5 жыл бұрын
is it me or is this music really annoyning, i mean it was on like a four second loop
@kristinaveliganio9844
@kristinaveliganio9844 5 жыл бұрын
Its the logo that makes the business succeed
@aliciachin4183
@aliciachin4183 3 жыл бұрын
In Malaysia, I did say the coffee is sold at a very high price that only rich people can afford as one cup of Starbucks coffee ranges from RM16 to RM22. As a Malaysian, us getting coffee made by ordinary people is fine enough as it costs around RM2.50, which is ten times lower than the price sold in Starbucks. From my pov, I did say Malaysians tend to drink Starbucks due to their variation of coffee and social status of drinking better expensive coffee.
@kekw5153
@kekw5153 3 жыл бұрын
I'm Malaysian and i drink starbucks every week cus i love it and im not rich at all. It's just if you can spend your money well then u can buy it
@AuwalCCL
@AuwalCCL 2 жыл бұрын
TechieYouth refers us to these videos and it's extremely good one. Thanks to TechieYouth for bringing technology to door steps
@Blogrope_channel
@Blogrope_channel 3 жыл бұрын
*Recently, the North American country, Canada, became the very first non-European country to make to the list of the world’s top ten coffee consumers. It is the first time that a North American could make a place in the top 10 coffee-consuming countries. This clearly shows that the coffee business market in North America is on the high rise. There is seen a huge demand for coffee in North American countries like Canada where the consumption rate is recorded to be 14.33 lbs. per capita. The drink is so popular in this country of 37 million that the Coffee Association of Canada calls it the most commonly consumed beverage among adults in the country, We also make on this great video must check*
@HdpixelsNet
@HdpixelsNet 3 жыл бұрын
Right and truth
@RoyalEXO_
@RoyalEXO_ 4 жыл бұрын
I've been to Starbucks once and I was a teen back then. My mom didn't allow me to drink coffee so I bought a pastry. It was the best pastry I've ever had. Idk much about coffee stuff but the cake was amazing.
@nira3435
@nira3435 Жыл бұрын
you could also get a vanilla steamer
@scottobrien301
@scottobrien301 4 жыл бұрын
Great video 👍🏽, putting dublin on the map aswell 😅😉 @5:32
@rebaonegill1694
@rebaonegill1694 3 жыл бұрын
How do you make these videos I need to make a similar one for a presentation
@rasalghul84
@rasalghul84 5 жыл бұрын
I've only had their coffee twice or so. It's too dark and burnt for my taste. I prefer Caribou coffee.
@thomaswilliams7122
@thomaswilliams7122 5 жыл бұрын
they missed about how it had fallen in Australia
@Lexusgx550
@Lexusgx550 3 жыл бұрын
I went there in my teens. After starting adding up how much I can save by drinking home. I never went there. 12 years that’s saving 16k. If not more
@4ourty5ive
@4ourty5ive 4 жыл бұрын
I really want tp visit the Japan Reserve Roastery. It looks awesome. Theres a good video on youtube on that location.
@Bra-a-ains
@Bra-a-ains 5 жыл бұрын
There are 7 SBX in my neighborhood that I frequent. I don't think I go to any one of them more than 25% of the time. It depends on mood (inside or outside), friendliness (small table or a large shareable table with 6 - 10 people). or other errands (N, S, E, or W), parking lot size and convenience, or working intent (work 4 hours or drive through)? Where I used to live we only had 1 SBX and 12+ independent shops within 8 blocks. I never went to the SBX because their coffee is the worst. You have to add a lot of half/half and brown sugar. At other coffee shops you can actually drink the coffee black like a fine wine. SBX is for WiFi and "dessert coffee."
@NicholasLittlejohn
@NicholasLittlejohn 5 жыл бұрын
Wifi and filtered water for your bottle, bathrooms is about all it's good for.
@flavoursofsound
@flavoursofsound 4 жыл бұрын
Starbucks were basically everywhere in London leading up to the 2010 until nearly every store I can think of started closing down. I sure at least 50% of its stores it once had to be closed. Meanwhile in that same period Costa Coffee had been expanding aggressively both at home in the UK and abroad. The ‘08 crash and over-saturation I doubt had much to do with it, otherwise Costa would have suffered the same fate.
@kamalkumar7133
@kamalkumar7133 5 жыл бұрын
Voice is better as compared to other videos of CNBC
@maryngshwuling9916
@maryngshwuling9916 3 жыл бұрын
Thanks for sharing 🌻
@lilypotter1277
@lilypotter1277 5 жыл бұрын
Omg the time when starbucks open a roastery flagship store in indonesia, it's gonna be like a mf coffee war here.
@indraprastha1382
@indraprastha1382 4 жыл бұрын
Lily Potter it’s already open in Bali i guess
@karis7539
@karis7539 5 жыл бұрын
coffee: 2$ *C* *O* *F* *F* *E* *E* : 20$ + tip
@3rd-Wave_Rebel
@3rd-Wave_Rebel 7 ай бұрын
Starbucks is well known for printing cash but they are notoriously well known for making bad coffees that aim at stupid customers 😂
@davidgarcia-oy9kt
@davidgarcia-oy9kt 5 жыл бұрын
Well we have 6 locations in my little town and I think circle k coffee is amazing that use the same Machine as star bucks the B&W3 ctmc and that only cost me 1$ for my large macchiato so lower your prices star buck but the experience is what you pay for if we are being true
@FalconerHUN
@FalconerHUN 5 жыл бұрын
Overpriced overroasted terrible coffee. Fantastic marketing and business skills.
@pprocon
@pprocon 5 жыл бұрын
Why CNBC Chanel viewers are so angry all the time.
@sanye4k
@sanye4k 5 жыл бұрын
must be the coffee just put it down
@jen_nice2059
@jen_nice2059 4 жыл бұрын
Stan G it’s fun lol
@cynthiawilliams8185
@cynthiawilliams8185 3 жыл бұрын
Yeah you’re right. I really love your comments lol
@thecitizenjoan
@thecitizenjoan 5 жыл бұрын
Great Now I want a Half Caf Caramel Chocolate Latte hold the whip...I have a problem 😔
@changgao3816
@changgao3816 4 жыл бұрын
The quality is consistent
@stephaniehale946
@stephaniehale946 5 жыл бұрын
*This is a great example of why capitalism works. You always have an opportunity to get up and fight back.*
@jakubageter1689
@jakubageter1689 7 ай бұрын
That's fantastic.Using a fiduciary will also benefit you. At the start of the year, I gradually increased my stock purchases, but nothing significant. Why am I being so harsh with this? Even though others in my sector make six figures per person, I want to be the first member of my polygamous family to earn a million dollars. I am well aware of the expenses involved with putting in longer hours to earn more money.
@AnnieBeischel
@AnnieBeischel 7 ай бұрын
If the market has taught me anything, it's that it usually makes a comeback, but I can't seem to concentrate on the long term, especially because important things like my retirement and my reserve are having a disastrous impact on inflation. I need a solution and a data trajectory that I can trust as soon as it is practicable.
@Adrianjacek-
@Adrianjacek- 7 ай бұрын
@@AnnieBeischel Currently, the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
@Adrianjacek-
@Adrianjacek- 7 ай бұрын
In fact, I'm not sure whether I'm allowed to mention this, but I'd advise looking up "Stacy Lee Decker" because she was a big deal in 2020. She oversees both my portfolio and serves as my mentor
@Zakyrie
@Zakyrie 4 жыл бұрын
Please lower the volume of music next time. It made it hard to hear the voiceovers... And thanks for the slick vid!
@mariagemavalerdiaguirre3792
@mariagemavalerdiaguirre3792 2 жыл бұрын
Do You have Starbucks shop at Dubai???well i need one more but big one Thank You❤
@philipbaldassini9528
@philipbaldassini9528 5 жыл бұрын
That’s amazing a rostery omg
@zuhanuddin7696
@zuhanuddin7696 3 жыл бұрын
Does every start-up that happens in Seattle become a big player in that industry. 1. Amazon 2. Starbucks 3. Microsoft 4. The Boeing Company 5. Costco 6. Alaska Airlines (Okay probably not the last one but you get the idea).
@seanthe100
@seanthe100 3 жыл бұрын
West Coast in general check out silicon valley
@dreit899
@dreit899 4 жыл бұрын
here in the philippines one mall can have 3 starbucks inside wtf
@luism5514
@luism5514 5 жыл бұрын
These videos are amazing keep them coming.
@82adrianvasiu
@82adrianvasiu 5 жыл бұрын
Because people is stupid and drink coffee because is cool. They don't like coffee actually, it's cool to be seen with that 10L bucket o sirrup , milk, sugar and 30 ml coffee in it.
@MrDylsha
@MrDylsha 5 жыл бұрын
nope, coffee tastes really good. And what you described isnt coffee, it's an American abomination. Most people just have coffee with milk or not even with milk, none of this sugar and syrup flavouring crap
@82adrianvasiu
@82adrianvasiu 5 жыл бұрын
@@MrDylsha I meant , people drink coffee at Starbucks because it's cool. I drink coffee myself. Love it !!
@abhijittripathi1385
@abhijittripathi1385 5 жыл бұрын
try it with a little bit of condensed milk instead of sugar and milk
@MartialArtswithLucyLu
@MartialArtswithLucyLu 4 жыл бұрын
@@MrDylsha My coffees from Starbucks always have to have 2-4 bags of sugar 2 milks and 2 creams otherwise I can't stand it. I don't understand how people can stand to drink black coffee that is what I call yuck. But Starbucks mostly doesn't have that which is good and handy for me.
@MrDylsha
@MrDylsha 4 жыл бұрын
@@MartialArtswithLucyLu If you want insulin resistance, fatty liver and weight gain you are on the right track!
@1javixD
@1javixD 5 жыл бұрын
“Signature expresso “
@WDI2008
@WDI2008 5 жыл бұрын
Howard Schultz also owned the NBA Seattle SuperSonics and the WNBA Seattle Storm from 2001-2006.
@khandarwilliam5439
@khandarwilliam5439 4 жыл бұрын
i'm more interested on how to sell overpriced beverages i also want high margin sales
@pri.sci.lla.
@pri.sci.lla. 5 жыл бұрын
"Ex-press-oh" 🙄 no girl
@Certifiable
@Certifiable 4 жыл бұрын
You might want to take the cup off Australia. The attempt to move in here was near totally laughed out, and most of the stores got bought out by Gloria Jean, who CAN make coffee.
@MartialArtswithLucyLu
@MartialArtswithLucyLu 4 жыл бұрын
Why do some people think that Starbucks can not make coffee? For me and my parents Starbucks and Tim Hortons are the only good and real coffee stores that I like. Although my parents prefer to make it at home now I still rely on Starbucks often they and Tim Hortons are the best to me.
@larrybuchannan186
@larrybuchannan186 Жыл бұрын
Australia couldn't create a single coffeechain that is remotely as popular across the world as Starbucks US is far far far bette than Australia at creating successful coffee chais Australia is nomatch to USA at cultural influence That is the reality whether you like it or not.
@maxkauffman6289
@maxkauffman6289 5 жыл бұрын
just fyi the map of starbuckses in seattle at 5:28 is at least partially wrong
@carbugnov1952
@carbugnov1952 5 жыл бұрын
unless they sell my favourite yeast rings that i like to have with my coffee, i won't step on their threshold
@ULTR4_DEV
@ULTR4_DEV 5 жыл бұрын
"Expresso" its called "espresso"
@alejandrasalgado7627
@alejandrasalgado7627 4 жыл бұрын
I'm watching this as I'm in Starbucks 😂
@kovulion7777
@kovulion7777 3 жыл бұрын
because Coffee is basically a drug that's addictive and makes people become dependent on it, and starbucks uses the higher quality ones in a more easier to obtain form
@jennifersun2638
@jennifersun2638 3 жыл бұрын
Good locations decent interior design setting trends
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