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International Business

  • Long John Silver’s names McDonald’s, Einstein Noah veteran as COO

    Louisville, Ky. - Long John Silver's has named Brian Unger as COO. He joins the organization with more than 30 years of experience in the food service industry.

    Unger's restaurant operations experience began as a manager trainee at McDonald's, where he moved on to promotions and international leadership positions in the Caribbean and Latin America. He achieved the positions of senior VP of McDonald's USA and VP of McDonald's Restaurants of Canada.

  • Smart & Final underwrites offering of 10 million shares

    Commerce, Calif. - Smart & Final Stores Inc. is pricing an underwritten public offering of 10 million shares of its common stock at $18.50 per share. The shares are owned by certain stockholders of the company, including affiliates of Ares Management L.P.

  • Joly to chair Best Buy board

    Minneapolis – Best Buy president and CEO Hubert Joly now has something in common with Frank Sinatra — you can call him “Chairman of the Board.” Joly will succeed current chairman Hatim Tyabji, who is retiring from the board effective June 9, 2015, as board chairman.

    Russell P. Fradin, president and CEO of SunGard and a Best Buy Board member since April 2013, will serve as lead independent director. Tyajbi, CEO of mobile data/video company Bytemobile Inc., has served on the Best Buy board since 2008 and as chairman since 2012.

  • EBay names three new executives, including Home Depot veteran

    San Jose, Calif. - EBay Inc. has appointed three new executives who will fill key positions on CEO-designee Devin Wenig’s leadership team. The company makes these appointments as it prepares for the separation of eBay and PayPal into independent, publicly traded companies in the second half of 2015.

  • Sears selling more real estate than products

    Sears Holdings will eventually need to sell more stuff to shoppers to remain viable as a retailer, but in the meantime the company has shown itself to be more adept at generating cash through complex real estate deals that unlock the value of an increasingly less productive store base.

  • Stuart Weitzman names president, global retail

    New York -- Stuart Weitzman Holdings announced that Alyssa Mishcon has joined as president, global retail. Mishcon will oversee all aspects of the global retail business including customer experience and relationship management, strategic operations development, merchandising and international retail growth.

    Mishcon brings more than 15 years of experience in luxury brands, working most recently as president of Thomas Pink Inc., LVMH Fashion Group and then previously VP strategy, merchandising & retail at TAG Heuer, LVHM Watch & Jewelry Division.

  • Joly named chairman at Best Buy

    Best Buy President and Chief Executive Officer Hubert Joly has added the title of Chairman to his responsibilities at the retailer after long time board member Hatim Tyabji and several others decided to step down.

  • Shipping: The Secret Weapon to Win in E-Commerce

    By Christoph Stehmann, Pitney Bowes

    According to the U.S. Commerce Department, retail e-commerce sales totaled over $304 billion in 2014, up 15.4% from the prior year. Also, eMarketer predicts that U.S. retail e-commerce sales will total approximately $350 billion in 2015.

    The growth in e-commerce sales represents a huge opportunity for U.S. retailers. However, to be successful, retailers need to make sure they have the right shipping strategies and solutions in place to encourage shoppers to purchase goods online.

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