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International Business

  • Wal-Mart fires India manager in bribery probe

    New Delhi, India – The India unit of Wal-Mart Stores Inc. has reportedly fired a mid-level manager as part of a probe into alleged bribery violations. According to the Economic Times, Wal-Mart gave the manager a termination notice last week, two years after the company suspended its former India CEO and legal team due to possible violations of U.S. anti-bribery laws.

  • Domino’s enters Kenya

    Ann Arbor, Mich. – Domino’s Pizza is continuing its international growth by opening its first store in Kenya. Master Kenya franchise holder Om Nom Nom Ltd. opened a store in Nairobi Nov.8 and will open more stores in the city in the next few years.
    "Establishing ourselves in Kenya provides an excellent opportunity for our brand to continue growing globally," said Ritch Allison, Domino's Pizza international president. "Domino's has terrific potential to offer an unmatched pizza experience to the people of Nairobi."

  • Former legal head returns to Lowe’s

    Mooresville, N.C. - Ross W. (Bill) McCanless will be joining Lowe’s Companies Inc. as general counsel, secretary and chief compliance officer, effective Jan. 12, 2015. McCanless will replace Gaither M. Keener, who announced plans to retire from the company following 30 years of service.

  • DHL rebrands mail service as DHL eCommerce

    Weston, Fla. –- Logistics and transportation provide DHL is changing the brand name of DHL Global Mail to DHL eCommerce as the company focuses to provide customers with new e-commerce solutions.  
  • Brookstone names Toys ‘R Us exec as president/CEO

    Merrimack, N.H. -- Brookstone Inc. will appoint senior retail executive Thomas M. Via as president and CEO, and as a member of its board of directors, effective Dec. 1. Steven H. Schwartz, who had been serving as interim CEO, will resume his role as chief merchandising officer.  
  • Report: Sears Canada, J.P. Morgan to end credit card agreement in Nov. 2015

    Toronto, Canada –- J.P. Morgan Chase & Co. will reportedly end its agreement to issue credit cards for Sears Canada when the term expires Nov. 15, 2015. According to the Wall Street Journal, in the meantime the two companies will explore opportunities to sell the credit card program to a third party, with Sears Canada receiving as much as $154 million if a sale goes through.  
  • Report: Urban Decay opens first brick-and-mortar store

    Newport Beach, Calif. –- Formerly pure-play online specialty cosmetics retailer Urban Decay has reportedly entered the brick-and-mortar arena. According to the Los Angeles Times, Urban Decay opened its first physical store, at the Fashion Island mall in its headquarters town of Newport Beach, Calif., on Monday, Nov. 17.  
  • UPS: 1 in 3 Canadian consumers will shop Black Friday, Cyber Monday

    Mississauga, Canada -- Canadian shoppers are off to an earlier start with holiday shopping. UPS Canada's annual Black Friday survey conducted by Leger shows that one-third of Canadians plan to take advantage of Black Friday and Cyber Monday deals.    The findings forecast that 20% of Canadian consumers will travel to the U.S. to shop for Black Friday deals and 32% of Canadian consumers will make online Cyber Monday purchases from U.S. retailers.   
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