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International Business

  • Phillips Edison & Co. appoints senior VP, finance

    Cincinnati — Phillips Edison & Co. has announced that D.J. Belock has joined the company as senior VP of finance. He will take responsibility for all financial and internal control activities, including planning and reporting, fundraising, investor relations, accounting and risk management.

  • Delhaize Europe CEO resigns

    Brussels — The CEO of Delhaize Group's European division has resigned, effective Oct. 31, the Belgian supermarket operator said.

    Delhaize said Stefan Descheemaeker had decided to resign as CEO of Delhaize Europe, though the company did not give a reason. Delhaize said that as a result of Descheemaeker's departure, Delhaize Group EVP and Delhaize Group Southeast Europe and Asia CEO Kostas Macheras would report directly to group CEO Pierre-Olivier Beckers, as would Delhaize Belgium CEO Dirk Van den Berghe, effective Nov. 1.

  • RKF affiliates with U.K.-based consulting firm

    New York — RKF has formed an affiliation with CWM Retail Property Advisors, LLP, a U.K.-based retail consulting firm.

    Under the agreement, RKF has acquired CWM’s New York City office, whose current staff will join RKF. In addition, CWM and RKF have each committed to an exclusive relationship involving shared business referrals within the U.S. and the U.K.

  • Colliers: Fifth Avenue has highest retail rent, at $3,052 per square foot

    Seattle -- The global retail real estate market rebounded in the first half of the year, with international and luxury brands expanding to new markets and high street properties growing in popularity, according to a new report from Colliers International. Fifth Avenue in Manhattan claimed the highest rent, at $3,052 per square foot, followed by Hong Kong’s Queen's Road Central ($2,086) and Canton Road, Tsim Sha Tsui ($1,993), London’s Old Bond Street ($1,520) and Manhattan’s Madison Avenue ($1,325).

  • IDC bolsters management team

    International Dispensing Corporation, a packaging research and development company that specializes and manufactures game-changing innovations for the food and beverage industry, has promoted Tom Shaver to COO.

  • The Container Store expands its e-commerce horizons

    The Container Store is turning to Borderfree, a leading global e-commerce platform, to help it expand its international e-commerce reach in time for the holiday season.

    Previously only accessible to consumers in the U.S. and Canada, the Container Store’s online product offerings are now available to consumers in Australia, India, Mexico, Germany, France, Japan, Switzerland, Russia and the United Kingdom.

  • Delhaize Europe CEO announces resignation

    The CEO of Delhaize Group's European division has resigned, effective Oct. 31, according to the Belgian supermarket operator.

    Delhaize said Stefan Descheemaeker had decided to resign as CEO of Delhaize Europe, though the company did not give a reason. Delhaize said that as a result of Descheemaeker's departure, Delhaize Group EVP and Delhaize Group Southeast Europe and Asia CEO Kostas Macheras would report directly to group CEO Pierre-Olivier Beckers, as would Delhaize Belgium CEO Dirk Van den Berghe, effective Nov. 1.

  • Epicor Software names new CEO

    Dublin, Calif. -- Epicor Software Corporation, a global leader in business software solutions, announced that Joseph (Joe) L. Cowan has been appointed president and CEO.  Cowan, who brings extensive executive management experience in software and technology to Epicor, succeeds Pervez Qureshi, who is stepping down to pursue new opportunities. Qureshi will also be stepping down from his position as a director on the Epicor board of directors.

  • Staples names VP, treasurer and tax

    Framingham, Mass. -- Staples announced the appointment of John Buchta to VP, treasurer and tax. Buchta adds the role of treasurer to his current responsibilities as VP, tax, and will continue to report to Christine Komola, executive VP and CFO.  

    Buchta joined Staples in 2011 as VP, tax. Prior to Staples, he was a partner at Ernst & Young.

    Buchta succeeds Lisa Scopa, who has been appointed VP, high growth markets.

  • No Obama, but Walmart Asia CEO touts progress in Bali

    The Asia-Pacific Economic Cooperation (APEC) organization’s CEO Summit is winding down in Bali, Indonesia and Walmart Asia CEO Scott Price used the event as a platform to share progress the company has made on a variety of fronts.

    Price, who serves as chairman of the National Center for APEC, was among a roster of high level business executive and global political leaders to attend the event which ran from October 1-8. Notably absent was U.S. President Barack Obama who had canceled his visit at the last minute due to the U.S. government shutdown.

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