Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between a pair of coffee-focused companies: Starbucks Corporation and Coffee Holding Co., Inc.. The Case For Starbucks This year marks Starbucks’ 50th anniversary in business. It began as a coffee bean retail store in Seattle’s Pike Place Market run by co-founders Jerry Baldwin, Zev Siegl, and Gordon Bowker. In 1982, the company hired 29-year-old Howard Schultz as the director of retail operations and marketing. He wound up buying the company in 1986 and served as its CEO until 2017. Under Schultz, Starbucks expanded far and wide beyond Seattle and today the company has approximately 33,800 stores worldwide. In recent corporate developments, Starbucks was handed a setback last week when the National Labor Relations Board rejected the company’s effort to prevent store-by-store …
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