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International Business

  • Francesca’s names Limited veteran to board

    Houston – Francesca’ Holdings Corp. has appointed Martyn Redgrave as a member of the board of directors. Redgrave served as Limited Brands' executive VP and chief administration officer from March 2005 to August 2012 and also served as CFO from January 2006 to May 2007.

  • Melting Pot takes on the world

    Tampa, Fla. – The U.S. is known as a melting pot, and now a major U.S. casual dining chain wants to turn the world into a melting pot of consumers of its food. The Melting Pot Restaurants Inc. has partnered with commercial real estate advisory firm Newmark Grubb Knight Frank (NGKF) to support a long-term domestic and international expansion strategy.

  • Ross picks up the pace of expansion in July

    Ross Stores is crossing off a big chunk of its to-do list as the retailer moves forward with its plans to open 90 stores in 2015.

  • Alibaba gives CPG giant direct access to Chinese customers

    Hangzhou, China - Alibaba Group is providing the Chinese arm of a major global CPG company direct access to the Chinese consumer market. Alibaba and Unilever China are launching a comprehensive strategic partnership focused on areas including rural China penetration, cross-border e-commerce, Big Data-driven advertising, and supply chain optimization.

    This agreement builds on a partnership that started five years ago with a single Tmall store. Through this strategic partnership, Alibaba Group and Unilever China will work together to:

  • It’s a new day for PayPal

    San Jose, Calif. – July 20 will always be a huge day in the history of PayPal Holdings Inc. PayPal completed its separation from eBay Inc. on July 17, but as of today is trading on the Nasdaq Stock Market under the ticker symbol “PYPL” as an independent public company

  • New life for C. Wonder

    New York — C. Wonder, which shuttered all its stores and filed Chapter 11 early this year, is getting a second chance—sort of.

    Xcel Brands has entered into a definitive agreement to acquire the C. Wonder brand from Burch Acquisition LLC. The deal gives Xcel  the rights to thr C. Wonder trademarks, related designs and other intellectual property rights.

     The closing of the acquisition is subject to board approval

  • Dollar Tree names a new COO

    Dollar Tree Inc. has promoted one of its senior executives to be its next chief operating officer.

    The company announced that Michael Witynski has been named COO and be responsible for store operations of Dollar Tree bannered stores in the United States, real estate for Dollar Tree bannered stores in the U.S. and all retail operations and real estate in Canada.

  • eBay sells unit ahead of PayPal spin-off; beats Street in Q2

    San Jose, Calif. -- eBay is selling its enterprise business as it continues streamline operations in anticipation of its separation from PayPal Holdings Inc. on Friday.

    In announcing its second quarter results, eBay said it was selling its eBay Enterprise division, which helps retailers enhance their online presence and e-commerce capabilities, to a consortium led by private equity firm Permira for $925 million.

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