Tully's Coffee
From Wikipedia, the free encyclopedia
| Tully's Coffee Corporation | |
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| Type | Private |
|---|---|
| Founded | Seattle, Washington 1992 |
| Headquarters | A chain of about 95 coffeehouses in five western states |
| Key people | Tom T. O'Keefe, Chairman John K. Buller,President and CEO |
| Industry | Restaurants |
| Products | Coffee |
| Revenue | $50.8 Mil (2004)Sales |
| Employees | 900 (2004) |
| Website | http://www.tullys.com |
Tully's Coffee is a specialty coffee retailer and wholesaler based in Seattle, Washington. Its stores serve specialty coffees, espresso, baked goods, pastries, and coffee-related supplies. Tully's currently has the highest sales of whole bean coffee in grocery and supermarket stores. Tully's Coffee is well known for once following an expansion strategy of opening stores adjacent to the opposing coffee giant Starbucks, also based in Seattle. There's a running joke in Seattle that the easiest way to find a Tully's is to stand in front of a Starbucks and turn around.
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[edit] History
Tully's opened its first store in Kent, Washington, in 1992. The founder of Tully's Coffee, Tom Tully O'Keefe, planned to rival the quickly expanding Starbucks coffee. Tully's quickly developed into a strong regional specialty-coffee retailer. In 2006, Tully's made its first net profit. But more recently, the president and CEO has described Tully's focus as no longer on competing against the mega giant Starbucks, but on serving fine hand crafted coffee (and expanding into the Wholesale market).
It now operates nearly 100 stores in the Greater Puget Sound area of Washington, San Francisco, Los Angeles, Portland, Oregon (Tullys has no Oregon Stores anymore) and Sun Valley, Idaho, more recently Arizona, and licenses its brand for use in South Korea and Japan. It has also opened several stores in Stockholm. Tully's sold the most profitable unit of the company—its Japan partnership—for US$17.9 million in September, 2005.
[edit] Drinks
All espresso shots are hand-pulled, allowing for more variety and customization of drinks. Tully's uses standard cup sizes: short, tall, grande and venti.
[edit] Wifi
As of Jan 14, 2007, most Tully's locations offer free Wireless internet.
