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International Business

  • Former CVS CMO to head Edible Arrangements International

    Robert Price, former SVP and CMO for CVS, has been named president of Edible Arrangements International.

    The operator of more than 1,100 stores worldwide is looking to Price to help significantly grow the brand's global presence.

  • Mattel elevates company veteran to head of international

    Mattel has elevated company veteran Tim Kilpin to the role of EVP, international. Kilpin will be responsible for advancing the company’s international presence and leading its growth in emerging markets throughout Asia, Europe and Latin America.

  • Nordstrom Q1 profit slips but tops estimates; 20 stores on tap by year-end

    Seattle -- Nordstrom Inc.’s net income for the first quarter fell 3% to $140 million from $145 million in the year ago period, reflecting heavy investments in technology to support omnichannel initiatives and the retailer’s debut in Canada. Its earnings still topped Street views. The company plans to open three full-line stores and 17 Nordstrom Rack stores during the remainder of fiscal 2014

  • Lego opens new Legoland Discovery Center in Massachusetts May 23

    Billund, Denmark – The Lego Group opens a new Legoland Discovery Center store at Assembly Row in Somerville, Massachusetts, on May 23. The 44.000-sq.-ft. store will include two Lego rides, a 4-D cinema, and a large soft play area.

    It will feature 11 attractions in total and be the sixth Legoland Discovery Center in the U.S. and 10th worldwide. The store is aimed at children ages 3-10, but minors must be accompanied by an adult.

     

  • Retail Coming Attractions

    New York -- From indie favorites to mass-market British brands, here are seven retailers getting ready to make their U.S. brick-and-mortar debut:

    1. Nasty Gal

  • Rack rolling for Nordstrom

    Nordstrom’s full line stores saw first quarter same store sales decline but the department store operator’s off price Rack division is doing just fine.

  • Simon names Mona Benisi director of sustainability

    Indianapolis — Simon Property Group has named Mona Benisi director of sustainability. Benisi’s responsibilities will include advancing and leading all aspects of Simon’s sustainability strategy. That strategy includes recycling, water management and renewable energy programs.

    Benisi will also lead the company’s sustainability task force, direct and manage measurement and reporting of critical sustainability metrics, including CDP, the Global Real Estate Sustainability Benchmark and GRI.

  • Costco opens in Spain

    New York -- Costco Wholesale Corp. has opened its first store in continental Europe, a 140,000-sq.-ft. location in Seville, Spain.

    Costco will follow it up with a store in Madrid, according to media reports.

     

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