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Starbucks announced that its president and CEO, Orin Smith, will retire next March, and will be replaced by Jim Donald, the current president of Starbucks North America and the former chairman/president/CEO of Pathmark Stores. Donald also is a former Wal-Mart executive.
KC's View:
This move will do nothing to slow Starbucks down or reduce its ubiquity. Nothing.

Jim Donald is smart, aggressive and ambitious…and there will be few limits on his ability to innovate and imagine new vistas for what used to be just a coffee company.