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International Business

  • Specialty jeweler steps up store expansion

    Alex and Ani is ramping up its store growth.   The Cranston, Rhode Island-based retailer plans to open 27 new locations in North America by the end of 2016, giving it a total of some 90 stores.     With the majority of its stores located on the East Coast, Alex and Ani, which is privately held, is now looking further afield. It will make its Southern California debut this fall, in Orange County.    
  • What’s the connection between Donald Trump and American Apparel?

    Politics can make for some strange bedfellows.   Donald Trump’s campaign is reportedly using American Apparel to manufacture some of its campaign apparel merchandise, according to Fortune.  
  • Coffee giant in two new store expansion moves

    Starbucks Corp. is growing its store portfolio on a couple of different fronts.   The company plans to open stores under a new banner, called Starbucks-Reserve only, that will have a decidedly upscale twist. The brand will sell premium, small lot reserve coffee in a store space that is about twice the size of a typical Starbucks, zachs.com reported, and feature more of a café atmosphere.   
  • Quiznos tops organization with new CEO

    Quick-service restaurant chain Quiznos has promoted global chief marketing officer Susan Lintonsmith as its new CEO.   Joining Quiznos as chief marketing officer in 2012, Lintonsmith was instrumental in opening the China market and leading the opening of the Quiznos Grill premium sandwich concept. Previous roles in her more than 25-year career include serving as a consultant to Einstein Noah Restaurant Group and as chief marketing officer of Red Robin Gourmet Burgers.  
  • Victorinox Swiss Army expanding its U.S. footprint

    Photos: Ric Kallaher   Victorinox Swiss Army has opened its doors in New York City’s Rockefeller Center.   The store, the brand’s eighth location in North America, is designed to create an immersive experience into the company’s Swiss heritage amid a modern environment that reflects the company’s commitment to quality, functionality, iconic design and innovation.  
  • Target names new legal head

    Target Corp. has named Don Liu as executive VP, chief legal officer and general counsel, effective Aug. 22, 2016.   Liu will oversee all legal, corporate governance and government affairs matters for the company. He will report to chairman and CEO Brian Cornell and serve as a member of Target’s leadership team.  
  • Delhaize, Ahold to divest 86 stores; Publix and Supervalu among buyers

    As their merger enters the home stretch, Delhaize Group and Ahold have reached agreements with buyers to divest 86 U.S. stores.   The two international companies announced their intent to combine forces back in June 20115. The merger is set for completion at the end of July, pending final approval by the Federal Trade Commission.  
  • Vornado vet is named CFO at Federal Realty

    Federal Realty Investment Trust announced that Dan Guglielmone will take over as its CFO and treasurer next month. A 13-year veteran of Vornado, Guglielmone is currently the company’s senior VP of acquisitions. He previously spent 10 years in investment banking with the real estate and lodging group of Salomon Smith Barney/Citigroup.  
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