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International Business

  • How California complicates compliance for retailers

    Retailers and consumer goods companies already know that California leads the nation when it comes to burdensome regulatory requirements. Now, the situation could go from bad to worse with enforcement looming of a complex law known as the Transparency in Supply Chains Act.

  • Costco blames holiday for same store sales drop

    After reporting standout results for the holiday quarter, Costco had a drop in same store sales in March that the retailer blamed on the earlier-than-normal Easter holiday.

  • Walgreens to close about 200 stores as part of new $500 million cost-savings plan

    Deerfield, Ill. — Walgreens Boots Alliance on Thursday reported quarterly earnings for the first time since the December 2014 merger of Walgreen Co. and Alliance Boots GmbH. The announcement included the news that the drug store retailer will close about 200 U.S. stores as part of its previously announced three-year, $1 billion cost-reduction plan.

  • Weis Markets chairman is stepping down

    Weis Markets Inc. is losing one of its longest serving executives after the company announced that the chairman of the board is stepping down.

    Robert F. Weis will not stand for re-election to its board of directors at the company's annual meeting of shareholders on April 23, the company said.

    "We are deeply indebted to Robert for his 69 years of leadership and tireless dedication to our company," said Harold G. Graber, Jr., a director and secretary of the company.

  • Walmart wage hikes under way in many states

    Walmart is beginning to raise wages for workers in several states as part of its employee initiative for fiscal 2015.

  • Deckers names New Balance exec as new Teva president

    Goleta, Calif. – Deckers Brands has appointed Wendy Yang as Teva brand president, effective May 1. In this role, Yang will design and lead Teva's global brand strategy and report directly to Dave Powers, president of Deckers Brands.  

  • Japan’s Jins Eyewear making U.S. debut with San Francisco store, website

    San Francisco – Jins Eyewear, Japan’s largest eyewear brand by volume, will open its first U.S. store on April 10, in San Francisco's Union Square neighborhood. The 4,900-sq.-ft. space will house more than 1,200 different styles of Jins exclusive eyewear.

  • Uniqlo to open D.C., Denver, Seattle stores

    Japanese retailer Uniqlo's U.S. expansion is picking up speed as the company prepares to open its first-ever stores in the Seattle, Denver and Washington, D.C.

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