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Starbucks announces management changes
Seattle -- Starbucks said Monday that it is dividing responsibilities for its business into three global regions (instead of the current two, U.S. and international) in order to accelerate global growth.
The company has appointed three of its executives to lead the three regions: Asia; the Americas: and the combination of Europe, the Middle East and Africa.
Cliff Burrows will expand his current role as president, Starbucks U.S. to president, Americas, with responsibility for the United States, Canada, Mexico and Latin America.
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Duane Reade heads to Wall Street for latest flagship
NEW YORK — Duane Reade, which is owned by Walgreens, is opening on July 6 its 22,000-sq.-ft. flagship store that has a decided “up market focus” with exclusive services and amenities never seen before in a Duane Reade or any other drug store.
The innovative 24-hour store is located at 40 Wall St., which is known as the "Crown Jewel of Wall Street" and once held the title of the tallest building in the world.