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Barchart
Barchart
Ruchi Gupta

As Starbucks Cuts Jobs and Closes Stores, Should You Buy, Sell, or Hold SBUX Stock?

Starbucks (SBUX) is the world’s largest coffeehouse chain, renowned for its specialty coffee offerings, inviting store ambiance, and strong brand loyalty. The company pioneered the premium café experience under Howard Schultz, transforming coffee drinking into a lifestyle centered around connection and community. The company’s global strategy combines a consistent brand approach with local adaptation, making Starbucks a defining force in the modern coffee industry.

Founded in Seattle in 1971, Starbucks operates over 38,000 stores in more than 80 countries.

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