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Morning Business Outlook: Starbucks says they will drop newspapers from their store shelves; Target announces their teacher discount will return for one week starting on July 13.
Starbucks recently met its pledge to hire 25,000 military veterans and spouses, hitting the benchmark six years ahead of its original schedule, FOX Business has learned.
The Seattle-based coffeehouse chain announced plans in 2013 to expand military hiring, later setting a goal of 25,000 hires by the year 2025. Starbucks has also opened 61 “military family stores” near active-duty bases, with plans to unveil 71 more themed locations by 2022.
The company has set a new goal to hire 5,000 veterans and military spouses each year, according to Matt Kress, Starbucks’ senior manager of veteran and military affairs and a 22-year veteran of the U.S. Marine Corp. Kress said active participation from Starbucks employees, who spread the word about job opportunities in their communities, and partner organizations such as the U.S. Chamber of Commerce’s “Hiring Our Heroes” initiative, helped the chain match its pledge faster than expected.
“As we’ve hired more and more, and they’ve been integrated into the fabric and culture of Starbucks, our [employees] understood these are great people to bring into our teams,” Kress told FOX Business. “They were definitely driving it from the field aspect of it, just getting the word out there and talking to people in their communities who were leaving the military.”
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