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International Business

  • Sweden’s Klarna expands into U.S. payments market; names management team

    Stockholm -- The U.S. payments market is getting a new player: Klarna, a Swedish e-commerce company focused on simplifying buying, plans to expand to the U.S. market in early 2015. The nine-year old company has an impressive track record in Europe that includes more than 25 million users and 45,000 retailers including Asos, Spotify and Zara.

  • GNC names chief marketing and e-commerce officer

    Pittsburgh -- GNC Holdings named Jeffrey R. Hennion as executive VP, chief marketing and e-commerce officer. Hennion most recently served as president and CFO of mobile commerce provider Branding Build.

    Prior to Branding Brand, Hennion led GNC's marketing and e-commerce efforts in 2011 and 2012.  He also spent 10 years with Dick's Sporting Goods in a number of senior leadership roles, including executive VP, chief marketing officer and head of e-commerce.

  • GNC bolsters management team with new hires, promotion

    GNC Holdings has appointed former Dick's Sporting Goods executive Jeffrey R. Hennion as EVP, chief marketing and e-commerce Officer, and former Office Depot executive Daisy Vanderlinde as chief human resource officer.

    Additionally, Carl Seletz, GNC's SVP of international business development, will assume the additional responsibility of leading the company's domestic and international franchise operations.

  • Chicago’s Loop lands hybris JV

    With a name like Loop Integration it was only logical that Amaze and contiigo would choose Chicago as the location for their new joint venture focused on users of SAP’s hybris e-commerce solution.

  • R.J. Reynolds Tobacco Company strengthens leadership team

    R.J. Reynolds Tobacco Company has appointed Debra A. Crew president and chief commercial officer, effective Oct. 1. Crew is currently the president and general manager of PepsiCo North America Nutrition.

  • New CEO for Clorox

    The Clorox Company’s board of directors has promoted Benno Dorer to CEO, effective Nov. 20. At that time, Donald R. Knauss will continue serving on the board in a newly created executive chairman role.

    Knauss has served as chairman and CEO of the company since October 2006. Since January 2013, Dorer, 50, has served as EVP and chief operating officer, cleaning, international and corporate strategy.

  • Costco stores in Canada to stop accepting American Express

    New York -- Costco Wholesale Corp will stop accepting American Express cards at its stores in Canada, effective January 1, 2015.

    “The credit card relationship between American Express and Costco Wholesale Canada will not be renewed when it expires on Dec. 31,” the company stated in an e-mail to Canadian customers.

    Costco’s U.S. locations will continue to accept American Express Cards, with the exception of TrueEarnings and American Express Platinum Cash Rebate cards issued in Canada, the chain said.

  • Gordon Brothers promotes Kenneth Frieze to CEO

    Boston -- Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, appointed Kenneth S. Frieze as CEO, effective Oct. 1.

    Frieze has over 20 years of leadership experience in restructuring, consulting, brand redevelopment, appraisal and asset disposition. He has held various roles at the firm since 2003, serving most recently as president.  

  • Unilever recognizes Cargill with 'Visionary' award

    Cargill has been helping Unilever reduce its environmental impact, improve sustainability and grow its business through innovation. This work has resulted in Unilever selecting Cargill as its first-ever "Visionary" award winner during its fourth Partner to Win Supplier Summit.

  • Timberland’s five-year plan includes 31% annual online growth, 130 new stores

    Stratham, N.H. -- Timberland detailed its plan to grow revenues by $1.4 billion during the next five years at an investor meeting at the company’s headquarters in Stratham, New Hampshire. Timberland’s management said it expects total revenues to reach $3.1 billion by the end of 2019, representing growth of 13% per year. (Timberland is a wholly owned subsidiary of VF Corporation.

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