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International Business

  • Barnes & Noble releases Nook GlowLight in U.K.

    London - Nook Media LLC, a subsidiary of Barnes & Noble Inc., has launched its new Nook GlowLight e-reader in the U.K. The new Nook GlowLight features perfectly-lit pages, sharper text and advanced display technology, and can hold up to 2,000 books.

    The Nook GlowLight will be available starting Aug. 6 at Argos, Asda, Blackwells, Foyles, John Lewis, Sainsburys and Very.

     

  • Cold Stone Creamery opens first Pakistan store in September

    Scottsdale, Ariz. - The Cold Stone Creamery will open its first store in Pakistan in September. Kahala Brands, the parent company of Cold Stone Creamery, has signed a master franchise agreement with Venus Pakistan (Pvt.) Ltd., part of the Venus Group of companies, spearheaded by Adnan Asad.  

  • Uniqlo to enter Midwest with Chicago flagship in fall 2015

    New York -- Uniqlo will make its Midwest debut in fall 2015, opening a flagship in downtown Chicago in fall 2015. The store, located at 830 North Michigan Avenue, will be Uniqlo’s second largest location in the United States, after its Fifth Avenue flagship in New York.

  • Toys’R’Us appoints SVP, corporate finance

    Toys“R”Us has appointed Chetan Bhandari as the company’s SVP, corporate finance and treasurer. He will report to EVP and CFO Mike Short.

  • Global Payments partners with BitPay to accept Bitcoin payments

    Atlanta - Global Payments Inc. has signed a referral agreement with BitPay, a provider of business solutions for the Bitcoin digital currency. This relationship allows Global Payments to incorporate the cryptocurrency into its product suite and to offer Bitcoin payment acceptance to its worldwide merchants.

  • Toys ‘R’ Us names financial expert as VP of finance

    Wayne, N.J. – Toys “R” Us Inc. has named Chetan Bhandari senior VP, corporate finance and treasurer. In this capacity, Bhandari will be responsible for managing relationships with domestic and international lenders, depository banks, credit insurers and credit rating agencies, as well as overseeing the company’s global cash management, foreign exchange programs and capital markets activities.

  • Walgreens keeping headquarters in U.S.; acquires remainder of Alliance Boots

    Deerfield, Ill. — Walgreens on Wednesday said it has exercised its option to buy the remaining 55% of European pharmacy retailer and wholesaler Alliance Boots in a $15.26 billion deal that will keep the drug store chain's corporate tax headquarters in the United States. Walgreens said it is not in the best long-term interest of its shareholders to re-domicile outside the United States.

  • Former president of ESPN joins Under Armour board

    Baltimore -- Under Armour announced that George W. Bodenheimer, former president of sports network and entertainment company ESPN has joined the company's board of directors.  

    Bodenheimer is an ESPN and cable industry pioneer, having served as the company's longest-tenured President from 1998 to 2012, during which time he led an unprecedented period of global growth. He most recently served as executive chairman of ESPN, before retiring from the company in May 2014.

     

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