OPERATIONS

Starbucks to sell alcohol in some locations

BY Staff Writer

New York City — Starbucks Coffee Co. plans to sell beer, wine and more upscale food, including hot flatbreads and small plates, in a small number of its locations in Atlanta and Southern California by the end of this. The company previously announced the same plans for about half a dozen stores in Chicago.

Currently, five stores in the Seattle area and one in Portland, Oregon, now feature the extended offerings.

“Building an evening day-part is a natural progression for us as we are always looking for ways to evolve and enhance the Starbucks Experience based on what our customers are telling us,” said Clarice Turner, senior VP, U.S. operations. “We’re pleased with the response of our customers to the introduction of wine, beer and premium food at several of our stores in the Pacific Northwest, and we’re excited to see how the idea translates to other markets.”

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OPERATIONS

New CEO set to take reins of American Eagle Outfitters

BY Staff Writer

New York City — As was previously announced, American Eagle Outfitters Inc. longtime chief executive James O’Donnell will step down Saturday and be replaced by former Levi’s executive Robert Hanson.

O’Donnell, 70, said early last year he planned to retire. Hanson was named as his successor in November.

In addition, Jay Schottenstein, non-executive chairman, has become executive chairman.

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Regency Centers announces executive management changes

BY Staff Writer

Jacksonville, Fla. — Regency Centers Corp. announced changes in its executive management team. Bruce Johnson, executive VP and CFO has announced that he will retire at the end of 2012. Effective with his retirement, Lisa Palmer, senior VP of capital markets, will succeed him as CFO.

“In her 15 years with Regency Lisa has amassed impressive skills from her key roles in capital markets, investor relations, and with our institutional partners. It was an easy and natural decision for me after learning of Bruce’s decision to select Lisa as Regency’s next CFO,” said Martin “Hap” Stein, Jr., Regency Centers chairman and chief executive officer.

Palmer joined Regency in 1996 and has served as its senior VP since 2003.

Regency is the leading national owner, operator, and developer of grocery-anchored and community shopping centers. At September 30, 2011, the company owned 367 retail properties.

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