International Business

RetailROI Rallies Retail Industry to Combat Ebola
Responding to the Ebola virus that has ravaged West Africa, RetailROI has launched a major campaign to help fight the disease in Liberia. Working with its partner charities operating in Liberia, including More Than Me and Love In Action, the #RetailFightsEbola campaign is rallying retailers, manufacturers and individuals to provide much-needed medical and hygienic supplies to Liberia.
RetailROI’s goals are two-fold:
General Mills makes healthy board addition
General Mills has elected David M. Cordani to its board of directors. Cordani, 48, is a president and CEO of Cigna Corporation, a global health insurance and health services company.

Cordani joined Cigna in 1991 and has held a variety of finance and operating positions, including CEO for CIGNA Healthcare and president and CEO for Cigna Corporation.

Best Buy names Domino’s CEO Doyle to board

Minneapolis -- Best Buy Co. Inc. has appointed J. Patrick Doyle, president and CEO of Domino’s Pizza, to its board of directors. Doyle, 51, joined Domino’s Pizza in 1997, serving in a variety of leadership roles across its domestic and international businesses, and has been president and chief executive officer of Domino’s since March 2010.
Nielsen: North American consumer confidence up in Q3

New York -- Consumer confidence in the North America region improved four points to 107 on the Nielsen Consumer Confidence Index for the third quarter of 2014. Consumer confidence levels above and below a baseline of 100 indicate degrees of optimism and pessimism, respectively, with the latest results reflecting an outlook of cautious optimism.
RetailROI Offers At-Risk Kids Necessities and Hope

Industry uses strengths to aid children in need

Modern retail is a global effort to provide consumers with the goods and services they need.
Best Buy taps Domino’s CEO for board

J. Patrick Doyle, president and CEO of Domino’s Pizza, has been appointed to the board of directors of Best Buy.

Doyle has joined Domino’s in 1997, serving in a variety of leadership roles across its domestic and international businesses. He has been president and CEO of Domino’s since March 2010.
Alibaba net income drops in Q3

Hangzhou, China –- Alibaba Group Holding Ltd. reported net income of $494 million in the third quarter of fiscal 2014, down 39% from $803 million in the same quarter the prior year. Items including share-based compensation expense and the amortization of intangible assets helped drive down net income.
PwC: Retail and consumer mega deals hits seven year high in Q3

New York -- Retail and consumer merger and acquisition activity in the United States during the third quarter of 2014 was driven by the highest volume of mega deals (deals with a value of over $1 billion) in at least seven years, leading to overall transaction value jumping significantly during the quarter when compared to the year ago period, according to PwC’s U.S. retail and consumer deals insights Q3 2014 report.
Gap Raises Bar on Digital With New CEO

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Innovation pro named partner at Kurt Salmon

Kurt Salmon, a global management consulting firm, has appointed Brian Ehrig partner in its Retail and Consumer Products Group.

Ehrig has spent the last 16 years creating new operational strategies and product offerings for retail and CPG companies, as well as leading transformation projects, including those for new market entrances and involving new retail concepts.