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International Business

  • Maven of Muenster wins big cheese award

    One of Whole Foods Market's key buyers and longtime employees has been honored by one of the leading nonprofit trade associations in the United States.

    Cathy Strange was honored with the American Cheese Society's Lifetime Achievement Award on July 30 at the organization’s annual conference in Providence, R.I.

  • Starbucks and Latin America: a perfect match

    Panama City -- Starbucks Coffee Company has entered its 15th Latin America market.

    The coffee giant — together with Premium Restaurants of America, its long-term strategic licensing partner in Central America — has opened its first store in Panama, making it Starbucks 15th market in Latin America and 67th worldwide.

  • Build-A-Bear Workshop cuts loss

    St. Louis -- Build-A-Bear Workshop retains its come-back momentum.

    By limiting growth of costs and expenses and improving sales, Build-A-Bear Workshop reduced its net loss to better-than-expected $628,000 in the second quarter of fiscal 2015 from $4.3 million the same period a year earlier.

  • Aldi on hiring binge

    Batavia, Ill. – Aldi wants you – if you are someone looking for a store-level retail job.

    The rapidly growing discount supermarket retailer will host hiring events throughout the U.S. during the month of August for more than 2,500 positions.

  • Breach hits Sally Beauty Q3 profit; will close 16 German stores

    Denton, Texas – Sally Beauty Holdings is feeling the impact of its data breach.

    Costs related to a data breach discovered in May 2015, as well as higher selling, general and administrative (SG&A) expenses, helped reduce profit at Sally Beauty during the third quarter of fiscal 2015. Net earnings fell 8% to $62.46 million, from $67.76 million the same period a year earlier.

  • Want clothes? Alibaba has a bunch

    Hangzhou, China – The apparel selection on Alibaba Group’s Tmall.com third-party marketplace is getting a lot bigger.

    Tmall has formed strategic partnerships with more than 160 brands from 110 global apparel chains.  It will work with apparel brands in areas of new product launches, online-to-offline initiatives, data-driven operations, digital marketing campaigns and other services to enhance consumer shopping experiences.

  • Former American Airlines CEO joins Home Depot board

    Atlanta - Gerard J. Arpey, former CEO of American Airlines, has been named to the board of directors of The Home Depot Inc. Arpey will serve on the company's Finance Committee and its Nominating and Corporate Governance Committee.

  • Breach knocks back profit at Sally Beauty

    Sally Beauty Holdings is feeling the impact of its data breach.

    Costs related to a data breach discovered in May, as well as higher selling, general and administrative expenses, helped reduce profit at Sally Beauty during the third quarter of fiscal 2015. Net earnings fell 8% to $62.46 million, from $67.76 million the same period a year earlier.

    Net sales rose 2% to $967.89 million, from $949.27 million. Same-store sales increased 2% in the Sally Beauty Supply division and 5.6% in the Beauty Systems division.

  • Build-A-Bear builds a better financial quarter

    Build-A-Bear's recent push to reinvigorate its fading brand seems to be working as the retailer reported a big increase in same store sales in the second quarter. 

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