Starbucks CEO cancels speech at church
New York City — Howard Schultz, CEO of Starbucks, cancelled a speech he was to give Friday at The Global Leadership Summit, an annual leadership summit organized by megachurch Willow Creek Community Church, South Barrington, Ill., after an online petition condemned the congregation as anti-gay. The church denies the charges.
The annual event draws tens of thousands of viewers via satellite. Past speakers have included former GE’s Jack Welch former president Bill Clinton.
A Starbucks spokeswoman would only confirm Schultz would not speak as scheduled, but the pastor of Willow Creek Community Church, Bill Hybels, said Schultz had cancelled suddenly after a petition was posted on the Internet a week ago.
Earlier this summer, Starbucks announced it would investigate allegations that an openly gay New York barista was fired for discussing his personal life. At the time, Starbucks said had "zero tolerance for discrimination of any kind."
Activists have accused the megachurch of "anti-gay persecution" over its past relationship with Exodus International, a Christian ministry that offers to help gays and lesbians change their sexual orientation. However, Willow Creek quietly cut ties with Exodus in 2009.
Reports have Wal-Mart exploring Brazilian deal
New York City — Wal-Mart Stores is again looking into a possible deal to buy Carrefour’s Brazilian unit, according to reports by Bloomberg News and The Wall Street Journal.
According to the reports, the acquisition would enhance Wal-Mart’s position in Latin America.
CityTarget in Chicago to feature Pret A Manager
New York City — Target announced that the British take-out chain Pret A Manager will open a location in CityTarget in Chicago.
The new, smaller Target format is set to open in the Windy City in 2012.
“We believe Pret A Manger will help us provide guests in downtown Chicago with the exceptional, complete shopping experience they have come to expect from Target,” said Annette Miller, senior VP grocery for Target. “Our Chicago CityTarget guests can pop in for a fresh sandwich or salad during their regular visits to our store for groceries or apartment essentials.”