Starbucks Corporation is an American coffee company and coffeehouse chain. Starbucks was founded in Seattle, Washington in 1971. As of November 2016, it operates 23,768 locations worldwide.
Starbucks has promised to hire 10,000 refugees over five years in response to Donald Trump’s executive order temporarily barring refugees access to the US and banning entry for anyone from seven majority Muslim countries. The move came as leading US companies including Alphabet, Amazon, Ford, Goldman Sachs and Microsoft came out against the policy. Howard Schultz, the coffee chain’s chief executive, said he had “deep concern” about the president’s order and would be taking “resolute” action, starting with offering jobs to refugees.
Coffee giant Starbucks said Brexit’s impact on consumer confidence, as well as a drop in the number of people visiting the high street, is to blame for a plunge in UK profits.
Starbucks has been a leader in the fight for equal treatment for the LGBTQ community, including by speaking out against North Carolina’s discriminatory HB2. Starbucks CEO Howard Schultz is one of more than 200 leading CEOs and business leaders from across the country that have signed onto an open letter calling on North Carolina Governor Pat McCrory and the North Carolina General Assembly to repeal radical provisions on HB2.
Howard Schultz (Business)
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