Starbucks Corporation engages in the production, marketing, and retailing of specialty coffee worldwide. It operates through three primary segments: North America, International, and Channel Development. In North America and International, the company sells coffee and other beverages, complementary food items, packaged coffees, single-serve coffee products, and a selection of merchandise via company-operated stores and licensed stores. The Channel Development segment focuses on distributing packaged goods through grocery channels, retail partners, and other outlets. Starbucks Corporation serves consumers seeking premium coffee experiences, handcrafted drinks, and ready-to-drink products, impacting the restaurants industry within the consumer cyclical sector. Founded in 1985 and headquartered in Seattle, Washington, it maintains a vast network of stores and licensing agreements, emphasizing quality sourcing, roasting, and brewing processes to deliver consistent customer experiences globally.