Starbucks Partners with Arizona State University to Offer Online College Tuition to Employees
Starbucks is a business that has always found value in helping its employees gain an education, partnering with colleges and offering tuition reimbursement programs. Now Starbucks is helping its employees find even more value in education than ever before: the coffee chain announced that it has partnered with Arizona State University’s online program to offer substantial tuition coverage to all of its employees who work 20 or more hours a week.
Starbucks CEO Howard Schultz announced the new online college tuition program in conjunction with ASU President Michael M. Crow and United States Education Secretary Arne Duncan. The terms of the program have Starbucks and ASU putting a $6,500 grant toward students’ first two years of college, leaving students to cover the rest with financial aid. It’s not exactly a full ride scholarship, but it’s certainly a boost.
You would think that there would be a catch to an offer like this – that students must stay on with Starbucks for a set amount of time after they finish their studies, or that they must only take courses in business or management or something else that might contribute directly to the Starbucks brand. But if you thought that, you would be wrong. Beyond the 20 hours per week requirement, employees only need to meet the requirements necessary to be accepted at Arizona State University (which just makes sense) in order to qualify. Aside from that, employees are welcome to study whatever they want and are welcome to pursue the career of their dreams as soon as they earn their degree.
Jim Donald appointed the CEO of Albertsons
Donald, who previously worked as the company...
The Idaho-based grocery chain, Albertsons, has appointed Jim Donald as its new Chief Executive Officer.
Donald, who previously worked as the company’s President and Chief Operating Officer, will keep his presidential role.
The new CEO will replace Bob Miller, who will continue in his position as Chairman of the Board.
“Jim Donald has built an exceptional career in retail,” remarked Bob Miller.
“His knowledge of our company and industry is unmatched, and I know his contributions will be invaluable as we enter the next chapter of Albertsons Companies.”
“We look forward to tapping his experience in leading large consumer brands as we work every day to meet our customers’ needs, both in-store and online.”
- Read the latest issue of Food Drink & Franchise here
In his career, Donald has held positions such as the CEO of Starbucks and the CEO of Pathmark Stores.
The newly-appoint CEO also worked for Albertsons for 15 years, starting 1976, becoming the Vice President of Operations in Arizona.
“Albertsons Companies is uniquely positioned to operate in both a 'four walls' traditional environment and the 'no walls' world of technology,” stated Jim Donald.
“We serve 34 million customers each week across our 2,300-plus stores and serve 5.5 million patients in our 1,700-plus pharmacies.”
“That's a significant food, health and wellness footprint. We're well positioned to serve the evolving needs of today's customer, wherever and whenever they choose to shop with us.”
“I am looking forward to leading this dynamic company as we focus on innovation and customer-centric retailing in all its forms.”