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In line with Starbucks corporation, 66 billion cups of espresso are drunk every year in the U.S. and a full three quarters of those cups of espresso are enjoyed at house. The opposite 25{8dc931576aaf27c44dbb25937eb9834b9b6728f2c00ffa91b47b7d493fd24c5f} of coffee is drunk on the office, touring, or in a coffee shop (CNN Money). Starbucks has no clear competition; however the closest competitors embody other specialty espresso retailers, doughnut shops, and eating places. Starbucks holds a dominant place within the specialty coffeehouse market and has no single clear rival in the sector. In the specialty coffee market closest is Caribou Coffee, which has 415 stores in the United States which is lower than 5{8dc931576aaf27c44dbb25937eb9834b9b6728f2c00ffa91b47b7d493fd24c5f} of Starbucks’ 11,000 and counting. Its most intense specialty coffeehouse competitors is dispersed among the many hundreds of impartial or small-chain coffee retailers around the nation and the world.

Instead of railroads, stage coaches had been extra essential in this area. … Read more