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| Howard Schultz | ||||||||||||||||||||||||||||||||
| Selling Latte to the Masses By BARBARA KIVIAT
Schultz didn't invent good coffee, of course, much less café culture. But he did mass-produce and Americanize both, which, as the familiar story goes, led to their globalization. The company helped stem a long decline in U.S. coffee consumption and taught the food industry the attractions of affordable luxuries. "It's like Marshall Field's in the 19th century," says Harvard Business School professor Nancy Koehn. "When someone does something big, ripples follow." Starbucks continues to expand, having entered coffee-conscious France earlier this year. Schultz, who drinks black drip, says the company plans to have at least 10,000 North American stores and 15,000 overseas. How big is that? Venti.
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FROM THE APRIL 26, 2004 ISSUE OF TIME MAGAZINE; POSTED SUNDAY, APRIL 18, 2004
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