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‘Companies have options': Seattle business community reacts to Starbucks' Tennessee expansion [Yahoo! Finance]
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
year, a move that has prompted renewed calls from Seattle business leaders for the city to rethink its approach to employer taxes. The Seattle-based coffee giant said its global headquarters will stay in Seattle's SODO neighborhood as it announced the expansion on Tuesday. The Wall Street Journal reported that dozens of Seattle employees are being offered the chance to relocate. “The Davidson County office will support the company's continued coffeehouse growth and rising customer demand, in particular, the Southeast region of the U.S.,” the State of Tennessee wrote in a prepared statement. Jon Scholes, president and CEO of the Downtown Seattle Association, told KIRO Newsradio the decision underscores the competitive pressures Seattle faces in retaining and attracting jobs. “We're in a super competitive marketplace when it comes to locating and growing jobs in Seattle, and we haven't added jobs in the last year. In fact, we've lost jobs,” Scholes said. “We've seen a lot of job
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