International Business

Petco has named Larry Rutkowski as EVP and CFO.

"Larry is a highly accomplished executive with a proven track record of successful financial leadership for both public and privately-held companies," said CEO Jim Myers. "His unique skillset and experience in a diverse array of industries will serve us well as we continue to advance Petco's leadership position in pet specialty. We're thrilled to add Larry to our executive team."

Atlanta - Flip Flop Shops has signed a master franchise agreement with Happy Toes Caribbean that calls for the establishment and development of at least 20 new shops throughout the islands, the first of which will open in Aruba in late 2014. The master franchise rights agreement also covers the management of three established stores in St. Thomas, St. Maarten and Curacao.

Eastman Kodak Company has named Eric-Yves Mahe as SVP and director of sales strategy and operations. The board of directors also has elected Mahe a corporate officer of Kodak, making him a member of the company’s executive council.

In this newly created role, Mahe will be responsible for formulating a strategy to drive and measure sales of Kodak’s portfolio of hardware, consumables, software and services. Mahe also will advise Kodak’s senior management team on software, OEM partnerships and the sale of complex solutions.

Corte Madera, Calif. -- Restoration Hardware Holdings Inc. has named Dr. Leonard Schlesinger to its board of directors. He will also serve as the chairman of the board’s compensation committee.

Schlesinger has held executive leadership positions at various retail and consumer brands, including vice chairman and COO of Limited Brands from 1999 to 2007, and has served for more than 20 years as a professor of business administration at Harvard Business School, and previously served as the president of Babson College.

Whirlpool Corporation reaffirmed its full-year guidance following first quarter results.

Net sales in the quarter were $4.4 billion compared to $4.2 billion during the same prior-year period. Excluding the impact of foreign currency in addition to Brazilian (BEFIEX) tax credits, sales increased approximately 6%.

Seattle – Starbucks Coffee Corp. plans to open 1,500 new stores worldwide during 2014, including 600 in North America. Starbucks CEO Howard Schultz said that Starbucks is under-stored in many markets, including North America, during a conference call discussing the company’s second quarter financial results.

Top executives within Walmart’s international division have been assigned new responsibilities including a new role for the former head of Asian operations overseeing mergers and acquisitions.

Hong Kong -- Wal-Mart Stores Inc. is changing the management structure of its Asia operation with a series of promotions. Scott Price, currently president and CEO of Walmart Asia, will move to a senior management role as executive VP, international strategy and development, real estate, mergers and acquisitions, integration and purchase leverage, based at Wal-Mart's world headquarters in Bentonville, Arkansas.