Starbucks Coffee Co.

Target plans to open a new store in the city of Kahulu — its first on the island of Maui in Hawaii — in March 2015. The store will be located on Hookele Street as part of the Pu‘unēnē Shopping Center.

The 140,000-sq.-ft. store will feature Target’s everyday essentials and exclusive brands along with a selection of fresh produce, fresh packaged meat and pre-packaged baked goods, as well as a Starbucks and a Target Pharmacy.

Seattle -- Starbucks Coffee Company has announced a new leadership structure that it says positions the company to leverage its assets and operations, and gain maximum benefit from the retail, consumer, mobile and digital shifts currently underway in the global marketplace.

Minneapolis - Target plans to open a new store in the city of Kahului on the island of Maui in Hawaii, in March 2015. The store will be located as part of the Pu‘unēnē Shopping Center.

This will be the first Target store in Maui.

Irvine, Calif. — Hanley Investment Group Real Estate Advisors closed out 2013 with 10 retail property sales totaling nearly $61 million in December. For the year, Hanley logged sales of more than $315 million. Among the December sales were:

Los Angeles -- The Coffee Bean & Tea Left said that Bill Robards has joined the company as VP of store development. He will be responsible for delivering upon the brand's extensive growth and expansion plans in the United States.

Oakbrook Terrace, Ill. — Mid-America Asset Management Inc. has announced four retail leases with retailers planning to open in the spring. Mid-America represented the landlord in each transaction.

DSW has taken 11,833 sq. ft. in Oakland Place, a 155,730-sq.-ft. center in DeKalb, Ill. Michaels and T.J.Maxx anchor the center. A Super Target shadow anchors. Tartan Realty Group represented DSW.

Seattle – Starbucks Corporation’s profit in the first quarter rose 25% to $540.7 million from $432 million in the year-ago period, better than analysts expected.

Revenue for the quarter ended Dec. 29, 2013 rose 12% to $4.24 billion from $3.79 billion. Same-store sales rose 5%, beneath Wall Street expectations of 5.9%.

Same-store sales in the Americas region also rose 5%, while analysts had expected a 6.4% increase.

Although Starbucks’ profit in the first quarter rose a better-than-expected 25% to $540.7 million from $432 million in the year-ago period, same-store sales missed Wall Street expectations.

Same-store sales rose 5%, beneath Wall Street expectations of 5.9%. Revenue for the quarter ended Dec. 29, 2013 rose 12% to $4.24 billion from $3.79 billion.

Same-store sales in the Americas region also rose 5%, while analysts had expected a 6.4% increase.