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Starbucks starts fund to stimulate job creation
Seattle -- Starbucks Coffee Company is teaming up with the Opportunity Finance Network (OFN) to launch a “Create Jobs for USA” fund.
Starting Nov.1, the new initiative will pool donations from Starbucks customers, partners (employees) and citizens into a nationwide fund for community business lending. One-hundred percent of the donations will go toward loans for firms and organizations that can add jobs or stem job losses, Starbucks said.
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Two promotions announced at Land's End
DODGEVILLE, Wis. — Lands' End has announced the promotion of Tim Martin to COO/CFO, and Chris Kolbe to brand president.
As the leader of operations and finance for Lands' End, Martin will oversee all aspects of financial planning and inventory management for the brand's global business. He most recently served as SVP, CFO.