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International Business

  • Report: Amazon exploring entering pharmacy market

    Amazon may have its sights set on a new, multi-billion dollar market.   The online giant may be on the cusp of entering the pharmaceutical dispensing business, according to a report by CNBC. The company reportedly has hired a general manager whose role is said to be helping the online retailer explore how to hang a pharmacy shingle.  

  • Ralph Lauren taps veteran P&G exec as its new CEO

    Ralph Lauren Corp. has named a 25-year Proctor & Gamble executive to head up its ongoing turnaround effort.     The company appointed Patrice Louvet as president and CEO, effective July 17, 2017. At the time, he will also be appointed to the board. Louvet will dual report to founder Ralph Lauren in his capacity as executive chairman and to the company’s board.  

  • Teen retailer posts mixed Q1 results

    American Eagle Outfitters’ profit shrunk in the first quarter amid charges and discounting.  

  • Online retailer brings baby products cross-border

    As demand for American baby products increases among Chinese shoppers, Babyhaven not only saw an opportunity, it ran with it.   Babyhaven is an online retailer of baby and children’s merchandise in the United States. Like other brands however, the company is feeling pressure from competitors like Amazon, Walmart, and other traditional category retailers, such as Babies “R” Us, that can not only compete on price, but can offer speedier delivery windows.   

  • Report: Walmart preps for next competitive threat

    Executives at Walmart are planning their next move in anticipation of its newest rival — and asking suppliers to support their cause.   The European grocer Lidl, which has a track record for disruption, is preparing to open its first 20 United States-based stores this summer. The first locations are set to open their doors in the next few weeks. As a result, Walmart is asking suppliers to keep their prices low, according to the Consumerist.   

  • Update on Walmart Mexican bribery case

    There’s been a new twist in the U.S. lawsuit over Wal-Mart’s alleged bribery in Mexico.  

  • Canada Goose winging its way to new locations

    Canadian outwear brand Canada Goose is continuing its expansion, both offline and online.      The company will open two flagship stores this fall, in London and Chicago. It also plans to expand its e-commerce channel to seven new markets including Germany, Sweden, Netherlands, Ireland, Belgium, Luxembourg and Austria.   

  • Young women’s apparel retailer to open Chicago flagship

    Canada’s Aritzia Inc. is expanding its Chicago footprint as it targets both brick-and-mortar and online expansion.    The fashion retailer will open a flagship on Rush Street in Chicago this fall. The Vancouver, British Columbia-based company already operates a store in the Windy City, at Water Tower Place.    
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