Starbucks is currently one of the most successful companies worldwide. With over 16,850 shops in 40 countries and raking in revenues of $10.7 billion, it is clear that Starbucks is a coffee retail magnate. For fourteen straight years, they’ve maintained a 5% same-store sales growth. (Lepore, 2011). However, one does not climb to such great lengths without a strategic industrial plan. Such success is not a product of circumstance, but of in depth analysis and planning. This paper aims to thoroughly study Starbucks’s business plans through a strategic analysis model through its five components: industry ...
