To achieve this, we are continuing the disciplined expansion of our global store base, adding stores in both existing, developed markets such as the U. We are continuing the expansion of our various store formats, including Drive Thru and express stores, to provide a greater degree of access and convenience for our customers.
Our objective is to maintain Starbucks standing as one of the most recognized and respected brands in the world. Starbucks financial report Figure 2. What does this mean for the company? We purchase and roast high-quality coffees that we sell, along with handcrafted coffee, tea and other beverages and a variety of high-quality food items, including snack offerings, through company-operated stores.
In addition to our flagship Starbucks Coffee brand, we sell goods and services under the following brands: Inthe company had only coffeehouses in China.
Starbucks financial report Figure 3. Despite its huge growth, growing the operating profit margin while also increasing its net profits means that Starbucks is managing its operations very efficiently.
Starbucks store count Source: Number of Starbucks locations in China Operating efficiency and strong growth leading to superior financial performance.
Fast growing store network in China. We also believe our Starbucks Global Responsibility strategy, commitments related to ethically sourcing high-quality coffee, contributing positively to the communities we do business in and being an employer of choice are contributors to our objective.
The company had yet another great financial year. Our ability to vary the size and format of our stores allows us to locate them in or near a variety of settings, including downtown and suburban retail centers, office buildings, university campuses, and in select rural and off-highway locations.
In addition, by leveraging the experience gained through our traditional store model, we continue to offer consumers new coffee and other products in a variety of forms, across new categories, diverse channels and alternative store formats.
We also sell a variety of coffee and tea products and license our trademarks through other channels such as licensed stores, grocery and foodservice accounts.Strategic Fit Analysis of Starbucks Coffee Company: The UK Coffee Shop Market - Kindle edition by Simon Rahi.
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Use features like bookmarks, note taking and highlighting while reading Strategic Fit Analysis of Starbucks Coffee Company: The UK Coffee Shop Market. Strategic Analysis Of Starbucks Corporation Starbucks, with its size and scale, has the power to take advantage of its suppliers but it maintains a Fair trade certified coffee under its coffee and farmer equity (C.A.F.E) program, which gives its suppliers a fair.
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