International Business

American Apparel Inc. is launching a restructuring plan aimed at cutting costs as the retailer looks to turn around its struggling business.

The retailer said it would be closing stores, cutting jobs and unveil a new fall line.

Staples is shaking up the back-to-school aisle with an innovative promotion that makes a difference for children around the world.

The company is partnering with Me to We and Free The Children to help children around the world by allowing customers to digitally track how their purchase makes a difference. 

New York -- Swedish fast-fashion giant H&M isn’t letting the strong U.S. dollar hurt its expansion plans.

The chain plans to open about 400 new stores in 2015-2016. It is expanding into five new markets: Taiwan, Peru, Macau, South Africa and India. Other plans include the launch of H&M Beauty this July, starting in about 900 stores and online. The company also hinted at the development of a mysterious new brand.

Middleton, Wis. - American Girl is expanding south of the boarder.

The brand will make its debut in Mexico, opening in-store boutiques in department store El Palacio de Hierro’s locations in Interlomas and Perisur. The in-store shops, ranging in size from 1,500 sq. ft. to 2,000 sq. ft., open July 4.

Mexico marks the second international retail presence for American Girl, which opened its first Canadian store in October 2013.

San Jose, Calif. – PayPal Inc. is getting itself “in the money” with a major acquisition as the company prepares for its impending July 17 split from eBay Inc.

PayPal will purchase digital money transfer service Xoom Corp. for $25 per share in cash, or about $890 million.

New York – Aeropostale Inc. is expanding in Asia through new licensing agreements in India and Indonesia. The company plans to open stores in India through a licensing agreement with Arvind Lifestyle Brands Ltd., and in Indonesia through a licensing agreement with PT Mitra Adiperkasa TBK (MAP).

German grocer Lidl has made its entry into the U.S. market official by selecting a regional headquarters and distribution hub in the South.

QVC has named a Procter & Gamble veteran as its next business planning and analysis chief, as the company looks tomaximize efficiencies and organizational synergy.

QVC has named a Procter & Gamble veteran as its next business planning and analysis chief, as the company looks to maximize efficiencies and organizational synergy.

McLean, Va. – German discount grocer Lidl continues to lay the foundation for its store debut in the United States.

The company which is establishing a U.S. corporate headquarters, in Arlington County, Virginia, announced it will also open a regional headquarters and distribution center facility in Alamance County, North Carolina. The moves are part of Lidl’s early preparations to expand into the U.S. http://www.chainstoreage.com/article/german-grocer-lidl-prepares-us-expansion-open-headquarters-virginia%3Cbr />