Starbucks Timeline

First Starbucks opens in Seattle's Pike Place Market

Period: Jan 1, 1971 to Dec 31, 1971

Howard Schultz founds Il Giomale

Period: Jan 1, 1985 to Dec 31, 1985

Schultz's Il Giomale acquires Starbucks

Period: Jan 1, 1987 to Dec 31, 1987

First store opens in Chicago

Period: Oct 1, 1987 to Oct 31, 1987

Health-care now available for employees / part-timers

Period: Jun 1, 1988 to Dec 31, 1988

First store opens in Los Angeles

Period: Jan 1, 1991 to Dec 31, 1991

Stock option plan available for employees / part-timers

Period: Aug 1, 1991 to Aug 31, 1991

Starbucks went public

Jun 26, 1992

• Stock on NASDAQ

Recession leads to 50% drop in Starbucks stock

Period: Jun 1, 2007 to Dec 31, 2007

Schultz returns as chief executive after worst quarterly same-store in history

Period: Jan 1, 2008 to Jan 31, 2008