Editing Starbucks (section)

==== 1990s ====
In June 1992, at the time of its [[initial public offering]], Starbucks (ticker symbol: SBUX) had 140 outlets, with revenue of US$73.5 million, up from US$1.3 million in 1987. The company's market value was US$271 million by this time.<ref>{{Cite news | first=Jeremy | last=Bowman | title=If You Had Invested $1,000 in Starbucks' IPO, Here's How Much You'd Have Today | url=https://www.fool.com/investing/2020/01/16/if-you-had-invested-1000-in-starbucks-ipo-heres-ho.aspx | work=[[The Motley Fool]] | date=January 16, 2020}}</ref> The 12% portion of the company that was sold raised around US$25 million for the company, which enabled it to double its number of stores over the next two years.<ref>{{cite news | url=https://www.nasdaq.com/articles/7-fun-facts-about-starbucks-honor-its-ipos-25th-anniversary-2017-06-26 | title=7 Fun Facts about Starbucks In Honour of Its IPO's 25th Anniversary | via=[[Nasdaq]] | date=June 26, 2017}}</ref>

In 1994, Starbucks acquired [[The Coffee Connection]], gaining the rights to use, make, market, and sell the "[[Frappuccino]]" beverage.<ref name="chilly">{{cite news | last=Nanos | first=Janelle | title=The Story of the Frappuccino: How a chilly coffee drink became a billion-dollar behemoth | url=https://www.bostonmagazine.com/news/2012/12/07/frappuccino-history/ | work=[[Boston Magazine]] | date=December 7, 2012}}</ref> The beverage was introduced under the Starbucks name in 1995.

In 1999, Starbucks experimented by opening eateries in the [[San Francisco Bay Area]], under the Circadia restaurant brand.<ref name="circadia" /> At the same time, Starbucks converted its Seattle Circadia restaurant into a Café Starbucks.<ref name="circadia">{{cite news | url=https://www.bizjournals.com/seattle/stories/1999/10/18/newscolumn3.html | title=Starbucks still seeking a rhythm for Circadia | last=Tice | first=Carol | work=[[American City Business Journals]] | date=October 15, 1999}}</ref>

In 1999, Starbucks acquired Pasqua Coffee—a [[San Francisco]]-based retail coffee chain that had almost 60 locations in San Francisco, Los Angeles, and New York City.<ref name="Clark">
{{cite book|last = Clark|first = Taylor|title = Starbucked: A Double Tall Tale of Caffeine, Commerce, and Culture|url = https://archive.org/details/starbuckeddouble00clar|url-access = registration|publisher = Little, Brown and Company|year = 2007|isbn = 978-0-316026-13-0}}</ref>