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International Business

  • SodaStream satisfies thirst for new Americas exec

    SodaStream International named veteran entertainment industry executive Scott Guthrie as regional general manager of the Americas reporting directly to CEO Daniel Birnbaum.

  • AAFES gets new chairman

    The Army & Air Force Exchange Service (AAFES) announced that Lt. Gen. Samuel D. Cox will serve as chairman of the exchange’s board of directors effective immediately.

    Cox was confirmed by the U.S. Senate as the Air Force Deputy Chief of Staff for Manpower, Personnel and Services on Nov. 5, and will replace Lt. Gen. Darrell Jones, who served as chairman of the Exchange board of directors since April 2013 and retired from the Air Force on Nov. 21.

  • Kimberly-Clark Pro taps new North American VP

    Kimberly-Clark Professional has named Tim Feeheley as VP of Kimberly-Clark Professional North America. Feeheley succeeds Richard Thorne, who recently was chosen to lead Kimberly-Clark Professional's Asia-Pacific Region.

  • Mastercard partners with Orgone for European Masterpass rollout

    Purchase, N.Y. -- MasterCard  and global online payment provider Ogone are partnering on the integration and deployment of MasterPass. This collaboration which covers Belgium, The Netherlands, France, United Kingdom, Germany and Spain in a first phase and the remaining countries Ogone operates in later on.

  • Tiffany net income soars on global growth

    New York – Tiffany reported a 50% increase in net income in its third quarter of fiscal 2013, increasing to $94.6 million from $63.2 million. Net sales were $911.5 million, up 7% from $852.7 million.

    Net sales growth was strong worldwide but especially pronounced in the Asia-Pacific region, where net sales increased 27% compared to the same period in the prior year. Tiffany credited global net sales performance as driving its net income growth.

  • Food safety company bolsters operations

    RF Biocidics, a leading food safety company that provides an environmentally friendly and chemical-free alternative for disinfection and disinfestation, has appointed Erik Smitt as its VP of operations.

  • Ascena Retail’s David Jaffe honored with Entrepreneur of the Year Family Business Award

    Suffern, N.Y. -- David Jaffe, president and CEO of Ascena Retail Group, has been named the National EY (Ernst & Young) Entrepreneur of the Year Family Business Award of Excellence winner, recognized for building a company with multiple retail brands.

  • J2 merges with Aures Group

    Irvine, Calif. -- In early 2013, global touch-screen electronic POS manufacturer J2 Retail Systems was acquired by The Aures Group. Having maintained separate operations in the U.S. market for the past nine months, the two companies, J2 Retail Systems, Inc. and Aures Technologies, Inc., have today announced their merger. They will now trade as J2 Retail Systems, Inc.

  • Loblaw COO named ShopKo CEO

    Green Bay, Wis. -- Shopko on Monday named Peter McMahon, most recently COO of Loblaws, as its new CEO. Loblaws is Canada’s largest food retailer with over $30 billion in sales.

    At Loblaws, McMahon was responsible for supply chain, IT, HR, labor relations, merchandising, store operations and loss prevention functions. Prior to Loblaws, McMahon held various senior level positions with some of the world’s largest retailers, including Wal-Mart in Germany and Japan and Tesco in central Europe.
     

  • Report: Sears considering selling Canadian stores

    Hoffman Estates, Ill. - Sears Holdings chairman Eddie Lampert is reportedly considering selling the company’s Sears Canada stores. According to the New York Post, Lampert has been quietly consulting banks including Goldman Sachs and reaching out to prospective buyers.

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