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International Business

  • Leading pizza chain tests beacons

    A leading pizza chain is testing beacon technology – in stores in China.

    Yum Brands subsidiary Pizza Hut is using devices from global beacon technology provider Sensoro at all 1,471 locations in mainland China through Sept. 23.

  • Major retailer CEO joins Yum Brands board

    The CEO of one of America’s most prominent discount retail chains has joined the board of directors of quick service restaurant operator Yum Brands. Target CEO Brian J. Cornell, 56, is now a member of the Yum Brands board.

  • Nordstrom opens first international flagship

    Nordstrom Inc. has opened its first international flagship location. The luxury retailer opened its new store at Pacific Centre inVancouver, British Columbiaon Friday, Sept. 18.

    The 230,000-sq.-ft. flagship store offers a curated selection of merchandise from accessible to luxury price points.

  • Smart & Final shuffles board

    Smart & Final Stores Inc. is shuffling the membership of its board of directors. The discount grocer has elected Paul N. Hopkins and Kenneth I. Tuchman to the board.

    Hopkins is the former chairman of the board of directors of insurance company Farmers Group Inc. and CEO of its Americas operations, including Latin America and shared services operations. 

  • Cult Japanese retailer lands in New York

    Another global fashion retailer has made its U.S. debut.

    Tokyo-based Tomorrowland , which has a cult following in its home country,  has opened a store in the SoHo neighborhood of Manhattan. The retailer, which operates some 160 stores in Japan, is known for its cool fashions, upmarket prices and sleek, minimalist ambience.

    The 3,200-sq.-ft. store features the brand’s exclusive men’s and women’s collections, along with a curated selection from several contemporary labels.  

  • Loreal veteran joins executive suite at Toys"R"Us

    Toys“R”Us has looked to a Loreal veteran to take over its human resources division.

    The retailer announced that it has named Tim Grace as executive vice president, global chief talent officer, effective immediately. In this role, the company says Grace will oversee all global human resources functions, including organizational design, talent acquisition, succession planning, learning, change management and labor and employee relations, as well as compensation and benefits. He will report to Dave Brandon, Chairman and CEO, Toys“R”Us, Inc.

  • Global retail event names ‘Retailer of the Year’

    New York -- Alibaba, the Chinese e-commerce giant, was named “Retailer of the Year” at the World Retail Awards gala dinner in Rome, Italy.

  • Report: eBay to launch Amazon Prime-styled program

    New York -- eBay is about to launch a shipping club that seems somewhat fashioned after Amazon Prime — but it’s not starting out in the United States.

    The company will debut its shipping program in Germany, The Street reported. Called eBay Plus, it will reportedly cost 19.90 euros (about $22) a year and will allow buyers to receive certain orders within two days plus free returns.

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