4 Consumer Stock Stories Making Tracks on Thursday
Starbucks Corp. (NASDAQ:SBUX): Closing price $76.87
When the Starbucks store at Simon Fraser University opens on Saturday, it will mark the first Starbucksin Canada to offer customers a Fairtrade certified option for their espresso beverages, bedsides an already available Fairtrade certified brewed coffee option. Starbucks is one of the biggest buyers of Fairtrade coffee on the planet, and entered into this pilot program with the University given the latter’s Fairtrade campus designation and deep commitment to ethical sourcing. This option is presently only available at certain universities in the United States, and the SFU Starbucks will be the first store in Canada at which it will be offered.
Kohl’s Corp. (NYSE:KSS): Closing price $52.30
The department store operator Kohl’s is hiring a few more seasonal workers than in 2012, said a report by analyst Charles Grom at Sterne Agee. Grom indicated that Kohl’s will add 54,000 new hires in 2013, versus 53,000 in 2012, and 42,000 in 2011, with most of these incremental positions located at both the distribution centers and in credit operations.
McDonald’s Corp. (NYSE:MCD): Closing price $94.68
On Thursday, McDonald’s reported that the digital executive Atif Rafiq will come to the fast food giant in the newly-created global position of chief digital officer, effective October 21. Rafiq joins McDonald’s from senior-level positions at Amazon.com and Yahoo. In his new role, Rafiq will lead McDonald’s worldwide digital strategy, centering upon future growth in e-commerce, modernizing the restaurant experience, and engaging with consumers across the digital landscape.
RadioShack Corp. (NYSE:RSH): Closing price $3.25
Three inside sources to Reuters say that RadioShack has received a number of offers for new financing, including one from the lenders Bank of America Corp and Wells Fargo & Co. Two of the persona indicated that General Electric Co.’s GE Capital, which tends to make large asset-based lending deals, “is also in the mix.”