Seattle's Best Coffee
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Seattle's Best Coffee is a specialty coffee retailer and wholesaler based in Seattle, Washington, USA. It became part of Starbucks Corporation on July 14, 2003. Its international division is owned by FOCUS Brands, Inc.
Founded by Jim Stewart in 1968 as the "Wet Whisker", an ice cream and coffee shop in Coupeville, Washington, Seattle's Best Coffee was known as Stewart Brothers Coffee from 1969 to 1991, when it took its present name.
Seattle's Best Coffee was joined with Torrefazione Italia Coffee to form Seattle Coffee Holdings (SCH). SCH built a single roasterie for both brands in 1995 on Vashon Island, Washington. In 1998 AFC Enterprises purchased Seattle Coffee Holdings and changed its name to Seattle Coffee Company (SCC). Durring AFC Enterprises ownwership SCC's Roasterie received many upgrades and created Seattle's Best Coffee's organic coffee line.
AFC Enterprises (owners of Popeyes Chicken & Biscuits, Church's Chicken, and Cinnabon) fell on hard times in an accounting scandal in 2002. Its accounting firm, Arthur Andersen, had been hiding losses and an investigation resulted in the de-listing of AFC Enterprises stock. AFC Enterprises was forced to sell the SCC portion of its business to Starbucks in 2003. Starbucks subsequently closed the Vashon Island facility and moved production to their Kent, Washington roasterie.
Seattle's Best Coffee has retail stores and grocery sub-stores in 19 states, the District of Columbia and British Columbia.
External links
- http://www.seattlesbest.com/
| Starbucks Corporation |
|---|
| Corporate Directors: Jim Donald | Barbara Bass | Howard Behar | Bill Bradley | Mellody Hobson | Olden Lee | Greg Maffei | Howard Schultz | James Shennan | Javier Teruel | Myron Ullman | Craig Weatherup |
| Assets & Products: Frappuccino | Hear Music | Pasqua Coffee | Seattle's Best Coffee | Tazo Tea Company | Torrefazione Italia |
| Annual Revenue: .4 billion USD ( 25% FY 2005) | Employees: 96,700 | Stock Symbols: | Website: [www.starbucks.com] |
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