In 1984, the original owners of Starbucks, led by Jerry Baldwin, purchased Peet's. During the 1980s, total sales of coffee in the US were falling, but sales of specialty coffee increased, forming 10% of the market in 1989, compared with 3% in 1983.
IAU redirects here. For other uses, see IAU (disambiguation) . The International Astronomical Union (IAU; French: Union astronomique internationale, UAI) is a collection of professional astronomers, at the PhD level and beyond, active in professional research and education in astronomy.
DEFINITION of 'IOU'. An informal document that acknowledges a debt owed. IOU is an abbreviation, in phonetic terms, of I owe you.. The debt owed does not necessarily involve a monetary value but can also involve other products.With IOUs being informal, those issuing the IOU are given free reign when writing and issuing an IOU.OU is an abbreviation, in phonetic terms, of I owe you.. The debt owed does not necessarily involve a monetary value but can also involve other products. With IOUs being informal, those issuing the IOU are given free reign when writing and issuing an IOU.