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International Business

  • French office supply retailer unifies supply chain with Symphony ETC

    Paris – French office supply retailer Bruneau has selected the Symphony EYC G.O.L.D. unified retail platform to optimize its supplier and inventory performance. Bruneau plans to deploy G.O.L.D. master data management, merchandise management, supply chain management and warehouse replenishment.

  • Guess Q4 profit falls 23% but beats Street; online sales jump 37%

    Los Angeles -- Guess reported a better-than-expected fourth quarter profit amid a 37% jump in the company’s online business and falling expenses. The apparel retailer, however, forecast a disappointing 2015, primarily due to the stronger U.S. dollar (1,190 of Guess’1,668 stores are located outside the United States and about 45% of its revenue comes from international markets).

    Guess income fell to $53.9 million for the fourth quarter, ended Jan. 31, from $69.6 million a year earlier.

  • Dollar General elevates counsel to EVP

    Just two years after starting the job, the general counsel at Dollar General has been promoted to executive vice president.

  • Walmart to address shareholders on June 5

    Amid a fast-changing industry in which retailers seek to harmonize their online and physical stores, the largest retailer in the world has announced the date of its annual shareholders meeting.

    Wal-Mart Stores announced the meeting will be held on June 5 at 7 a.m. CDT in the Bud Walton Arena at the University of Arkansas in Fayetteville, Ark.

    The meeting will be webcast on the company’s website at http://stock.walmart.com. The company also announced that April 10 is the record date for that meeting.

  • Williams-Sonoma sets e-commerce milestone

    Williams-Sonoma set a milestone in 2014 that helped the retailer post an impressive jump in same store sales and profit.

    The specialty retailer of home furnishing products reported that for the first time ever, e-commerce sales made up more than 50% of all revenues in 2014.

    Williams-Sonoma said its fourth quarter net revenues grew 5.2% to $1.542 billion versus $1.466 billion in the prior year quarter. Same store sales grew of 5.1%. Earnings per share grew 13.8% to $1.57 from $1.38 in the prior year quarter.

  • Williams-Sonoma sets e-commerce milestone

    Williams-Sonoma set a milestone in 2014 that helped the retailer post an impressive jump in same store sales and profit.

    The specialty retailer of home furnishing products reported that for the first time ever, e-commerce sales made up more than 50% of all revenues in 2014.

    Williams-Sonoma said its fourth quarter net revenues grew 5.2% to $1.542 billion versus $1.466 billion in the prior year quarter. Same store sales grew of 5.1%. Earnings per share grew 13.8% to $1.57 from $1.38 in the prior year quarter.

  • Foot Locker charts growth course through 2020

    On the heels of a very successful fiscal year, Foot Locker executives have announced a string of new and expanded strategic initiatives.

    Richard Johnson, president and CEO of Foot Locker Inc. and other members of the company's senior management team announced an updated set of growth initiatives, and a revised strategic framework, intended to further elevate its long-term financial performance for the period 2015 through 2020.

  • Report: Costco banned from importing fish to Canada

    Toronto - Costco Canada has reportedly had its license to import fish into Canada suspended. According to Reuters, the Canadian Food Inspection Agency suspended Costco’s license to import fish on Feb. 26, but is only making it public now.

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