Starbucks Coffee Co.

The Valley Forge Shopping Center on West DeKalb Pike is adding Target to its tenant roster July 2014, making it the first Target store in the city of King of Prussia. 

The King of Prussia store will be approximately 165,000 sq. ft. and will include a selection of fresh produce, fresh packaged meat and pre-packaged baked goods, as well as a Starbucks, Target Optical and Target Pharmacy.

Seattle – Starbucks Coffee Company is opening its 500th location featuring Clover brewing, with plans to double the number of Clover locations globally by the end of 2014. Starbucks has offered its Starbucks Reserve coffees, a line of rare and exotic small batch single origin coffees brewed with the single-cup Clover system, since 2010.

PHILADELPHIA — Pep Boys, a leading automotive aftermarket service and retail chain, announced the appointment of Jim Flanagan as chief human resources officer, effective August 26. 

Seattle -- Starbucks announced it has tapped Google to provide the next generation of its WiFi offering to its customers nationwide. Over the next 18 months, Starbucks will convert more than 7,000 U.S. stores to Google’s upgraded store network and WiFi experience.

AT&T, which currently provides Starbucks’ wireless access, will be replaced by the new initiative. Google will increase speeds and enable users to surf the web up to 10-times faster, according to Starbucks.

SEATTLE — Starbucks has long offered free Wi-Fi to its customers, but the coffee company has partnered with Google to offer up to 10 times faster network and Wi-Fi speeds at its U.S.-based stores. 

Throughout the next 18 months, Starbucks will convert more than 7,000 U.S. stores to the upgraded store network and Wi-Fi experience.

SILVER SPRING, Md. — Regency Centers Corp. and a co-investment partner have acquired the 31,316-sq.-ft. Shoppes of Burnt Mills in Silver Spring, Md., just north of Washington, D.C., for $13.6 million. Regency’s share of the off-market acquisition was $1.7 million.

Seattle — Starbucks Corp. reported strong results for third quarter fiscal 2013, with net revenues, same-store sales and operating income all increasing substantially from the same quarter a year earlier.

Net earnings grew 25%, from $333.1 million to $417.8 million.

Net revenues totaled about $3.7 billion, up 13% from $3.3 billion. Same-store sales increased 8% globally, driven by 9% growth in U.S. stores.

Dallas — Cypress Equities has acquired the Glendale Marketplace in Glendale, Calif. The 154,420-sq.-ft. open-air retail and entertainment center is adjacent to the Americana at Brand.

National retail brands represented in the center include HomeGoods, Old Navy, Starbucks, GNC and Outback Steakhouse.

SRS Real Estate Partners will represent Cypress in lease negotiations.