International Business

In the name of creating a more efficient and focused organization, Staples announced several key senior leadership moves while its acquisition of rival Office Depot appears in jeopardy.

Shira Goodman, currently president, North American commercial, has been named president, North American operations with responsibility for Staples’ business-to-business, online and retail operations across the United States and Canada.

Boston -- Gordon Brothers Group announced that its Japanese affiliate, Gordon Brothers Japan, has published a book, “The Asset Based Solution – Case Studies of Corporate Finance Utilizing Asset Value.”

A specialty retailer whose tagline is “Where America is made,” is betting on brick and mortar to tell its brand story and provide more jobs.

Shinola, the Detroit-based retailer and manufacturer of pricey watches, leather goods and bicycles plans to open 10 stores this year, and 12 to 15 stores annually over the next coming years.

Dov Charney, founder and outsted CEO of American Apparel, made an emotional—and meandering—plea to regain control of the company at a bankruptcy court hearing in Delaware on Thursday.

“I’m a merchant, I’m a creative artist, I’m a photographer, I’m a marketer, I’m an industrialist,” Charney said, according to the New York Times. “I don’t want to hand over my company. This is coercion.”

After relinquishing the CEO role last year, Dollar General chairman Rick Dreiling will complete a previously announced leadership transition on Jan.

Ikea Canada is building a 328,000-sq. ft. store Halifax, Nova Scotia, that will feature a special focus on energy efficiency and waste management.

The store will take roughly 14-16 months to build once ground has been broken in summer 2016. It will be built to operate as the retailer’s most sustainable store in Canada, and include a rooftop solar photovoltaic installation that provides electricity to the store and a geothermal energy generation system to support heating and cooling needs.

Macy’s announced that a Bloomingdale’s store will open in spring 2017 in Kuwait as part of the company’s strategic partnership with Al Tayer Group LLC.

This will be Bloomingdale’s second international location (the first opened in Dubai in 2010) and ahead of Macy’s and Bloomingdale’s stores scheduled to open in Abu Dhabi in 2018 – all in partnership with Al Tayer.

Tiffany & Co. says weak tourist spending and a strong dollar hurt its sales results for the two-month holiday period.

The retailer said worldwide net sales declined 3% (due to declines in the Americas and Asia-Pacific offsetting growth in Japan and Europe) and same store sales declined 5%. There were no noteworthy differences in performance among jewelry categories, the company said. Reported in U.S. dollars, worldwide net sales of $961 million were 6% lower than the prior year.