#38 Starbucks intl exec resigns
Martin Coles, Starbucks’ top exec for international markets resigned and will be replaced by John Culver. This year Starbucks closed more stores than it opened, but for 2010 it looks at opening 200 new stores internationally. Given the limited success in some markets in the past (such as Austria or Australia), the hope may be that Culver will provide the leadership to make this happen.