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International Business

  • EPiServer and Ektron merge to create new digital experience vendor

    Stockholm, Sweden – Stockholm, Sweden-based EPiServer and Nashua, New Hampshire-based Ektron have merged to create a new global digital experience provider of scale. The combined company is backed by technology-focused private equity investment firm Accel-KKR.

    The combined company, which will operate under the EPiServer name and continue to use the Ektron and EPiServer brands, has more than 8,800 customers in 30 countries backed by a network of more than 880 partners.

  • Average of 34% of consumers in leading economies buy more online in winter

    NEW YORK — A survey conducted in eight world markets during the latter half of January 2015 revealed insights on online purchasing habits of consumers in winter. The survey was jointly carried out with One Hour Translation and Google Consumer Surveys and was based on a sample of 800 respondents — 100 from each of the following countries: the United States, the United Kingdom, Australia, Canada, Italy, Germany, the Netherlands and Japan.

  • Ikea continues U.S. expansion with new Ohio store

    Columbus, Ohio -- Ikea announced that it is submitting plans to the City of Columbus, Ohio, for a store that would increase the Swedish furniture retailer’s Ohio presence to two stores. The newest store, located in the Polaris Centers of Commerce development about 15 miles north of downtown Columbus, is slated to open summer 2017.

  • U.S. performance buoys Delhaize revenue in Q4

    Brussels, Belgium – The addition of a 53rd week in fiscal 2014 for its U.S. operations helped global grocery conglomerate Delhaize Group make up for disappointing results from its Belgium stores. Including the extra week and benefiting from retail inflation, fourth quarter U.S. revenues were $5.23 billion, a 12% increase from $4.67 billion the same period a year earlier.

  • Fast Retailing bringing UNIQLO to Canada

    Things didn’t work for Target in Canada, but that hasn’t deterred Japan’s Fast Retailing Co., from announcing plans to enter the market with its UNIQLO format.

    The company’s first stores aren’t expected to open until the fall of 2016 when two flagship locations offering budget priced apparel measuring 24,000 and 28,000 square feet are introduced in Toronto.

  • Uniqlo to enter Canada

    New York -- Uniqlo will enter Canada in the fall of 2016, opening a store at Yorkdale Shopping Centre, Toronto, and one at the Toronto Eaton Centre.

    Uniqlo currently operates some 1,500 stores, with locations in Japan, Australia, China, France, Germany, Hong Kong, Indonesia, Malaysia, Philippines, Russia, Singapore, South Korea, Taiwan, Thailand, the U.K. and the United States.

  • Walgreens Boots names global CFO

    Walgreens Boots Alliance Inc. has appointed George Fairweather, formerly group finance director of Alliance Boots, as executive vice president and global chief financial officer, effective Feb. 20.

    Fairweather will succeed Timothy McLevish, who served as Walgreens CFO since August 2014, where he advanced the company’s completion of its merger with Alliance Boots to form Walgreens Boots Alliance and served as the initial global chief financial officer of the combined companies.

  • Sears Canada makes acting CEO permanent

    Toronto – The board of directors of Sears Canada Inc. has named Ronald D. Boire as president and CEO. Boire has served as the company's acting president and CEO since Oct. 15, 2014.

    Prior to his role with Sears Canada, Boire was executive VP, chief merchandising officer and president, Sears and Kmart Formats, Sears Holdings Corp. Prior to joining Sears Holdings in January 2012, Boire was president and CEO at Brookstone, a position he held from October 2009.

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