18 Apr '11, 1pm

Interview with Starbucks VP of Global Responsibility, Ben Packard

Interview with Starbucks VP of Global Responsibility, Ben Packard

That’s a great question. Just to clarify, most of our stores are leased. There is a difference between a company-owned store and a joint venture. That’s the distinction. So a store that you might see in a Safeway or a Barnes & Noble is actually operated by Safeway and Barnes & Noble or a store you might see in the airport is operated by HMSHost Corporation, so that’s the distinction. It’s less about the leasing or owning of the building. Most of the stores are leased, but it’s the ownership where the store is housed. I might take you through some of the examples you raised. On the green building strategies, they are getting the same equipment and same new design palettes that we are using as we build new LEED stores so elements of that are happening in those licensed stores as well. It’s the control that we have in those locations or the lack of control which is holding us...

Full article: http://www.triplepundit.com/2011/04/interview-starbucks-v...

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