Starbucks Coffee Co.

Michael Reed has been promoted to VP real estate for Stater Bros. Markets.  
 
Reed joined Stater Bros. in 2014 as senior director of real estate, a position he held until his recent promotion. He will report to president and CEO Pete Van Helden.

Prior to Stater Bros., Reed served as real estate store development manager for Starbucks where he was responsible for growing the company’s Mid-West and Western Mountain regions.  

Stater Bros. operates 168 supermarkets in California.

Starbucks is giving customers a front-row seat on the famed Las Vegas Strip.

The coffee giant has opened a 3,200-sq.-ft. location in Grand Bazaar Shops at Bally’s Casino complex. The store is unusual in that, instead of the typical tables with chairs, it offers theatrical stadium seating (for 30 to 40 people) in the center of the store and surrounding bench seating.

Starbucks Corp. has lost one of its veteran executives.

The coffee giant revealed in a regulatory filing that former COO Troy Alstead will not return to the company following a year-long unpaid leave. Alstead, whose resignation was effective February 29, 2016, had long been seen as the company’s number two executive and an eventual replacement to current CEO Howard Schultz.

Photo: Starbucks CEO Howard Schultz at Milan’s Duomo Cathedral

It’s not going to be so easy for the 11 million-plus active members of Starbuck Corp.’s loyalty program to earn freebies.

Starting in mid-April, the coffee giant is making a change in its “My Starbucks Rewards” loyalty program whereby members will earn points, or “stars,” based on the dollars spent on the purchase. Currently, customers earn a star for each transaction, regardless of how much they spent, and are entitled to a free item after earning 12 stars.

Gift cards are exceedingly popular with Millennials, as new research from the Wharton School’s Baker Retailing Center and The NPD Group found. Here is fresh insight as to why:

Leading sales and marketing solutions provider Advantage Solutions named former Starbucks executive Jeff Hansberry to the newly created position of president and chief commercial officer.

Minneapolis -- Mid-America Real Estate announced five new retail leases recently signed on behalf of retailers. Mid-America Tenant Representation team represented the tenants in the following transactions, listed below in order of transaction size.

St. Louis Park, Minnesota (Hennepin County) – J. Crew Factory signed a 6,500 sq. ft. lease at Shoppes at Knollwood located in St. Louis Park, Minnesota. The 456,554-sq.-ft. center is anchored by Kohl’s and Nordstrom Rack.

Starbucks is giving customers a front row seat on the famed Las Vegas Strip.

The coffee giant has opened a 3,200-sq.-ft. location in Grand Bazaar Shops at Bally’s Casino complex. The store is unusual in that, instead of the typical tables with chairs, it offers theatrical stadium seating (for 30 to 40 people) in the center of the store and surrounding bench seating.