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From Starbucks' founding in Seattle as a local coffee bean roaster and retailer in 1971, the company has expanded rapidly. In the 1990s, Starbucks was opening a new store every workday, a pace that continued into the 2000s. The first store outside the United States or Canada opened in the mid-90s, and overseas stores now constitute almost one third of Starbucks' stores. The company plans to open a net of 900 new stores outside of the U.S. in 2009, but has announced 900 store closures in the US since 2008.