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International Business

  • Sports Authority names Foss CEO

    Englewood, Colo. – Michael Foss has been named CEO of The Sports Authority Inc. He replaced outgoing CEO Darrell Webb, who is retiring both as the company’s chief executive and chairman of the board.

    Foss, a member of the board of directors of The Sports Authority since 2009, most recently served as executive VP and CFO at Petco Animal Supplies and as CFO of Circuit City Stores before that. He has 30 years of executive experience across a variety of verticals including retail.

  • Haggar supports store expansion

    Dallas – Haggar Clothing Co. is supporting a planned expansion of its store presence in the U.S. and Canadian markets with the implementation of multiple solutions from Epicor Retail Software. Haggar seeks to open 10 to 15 new stores annually in the U.S. through 2017 and two to three stores a year during the next four years throughout Canada.

  • Land O'Lakes fills vacant CIO spot

    ARDEN HILLS, Minn. — Land O'Lakes has promoted Mike Macrie to the position of VP and chief information officer. Macrie replaced Barry Libenson, who after running IT for three years, left the company to be CIO at Safeway. 

    Macrie joined Land O'Lakes in 2010 as VP and senior director of Ag Services IT.

  • High volume and product mix spice up McCormick's Q2

    SPARKS, Md. — McCormick & Company reported sales and profit results for the second quarter ended May 31, at which time the company completed its acquisition of Wuhan Asia Pacific Condiments, a leading bouillon manufacturer in central China.

  • PayPal latest initiative is out of this world

    MOUNTAIN VIEW, Calif. — When one thinks of space exploration and space travel, Paypal is hardly the first thing that comes to mind. But the eBay company is spearheading an initiative that is paving the way for space commerce.

    With the help of the SETI Institute and the Space Tourism Society, PayPal Galactic aims to make universal space payments a reality. Paypal president David Marcus was joined by astronaut and author Buzz Aldrin to announce the initiative’s launch. 

  • RetailMeNot opens Canadian coupon site

    Austin, Texas – Digital coupon provider RetailMeNot is expanding into Canada with the launch of its new RetailMeNot.ca site. The site provides Canadian consumers with access to thousands of digital coupons for more than 6,000 retailers doing business in Canada.

  • New and established products bolster General Mills Q4, fiscal 2013 results

    MINNEAPOLIS — General Mills saw growth for the fourth quarter and full fiscal year ended May 26, thanks to new product offerings as well as established product lines.

    The company reported net sales of $17.8 billion for fiscal 2013, an increase of 7% from 16.7 billion in fiscal 2012. 

  • HoneyBaked to open 30 stores in Northeast, expand to Japan

    Atlanta - A Tuesday report by the Atlanta Business Chronicle said that the HoneyBaked Ham Co. of Georgia will expand in the Northeast with 30 new stores over the next five years, and will make its international debut in Japan via a partnership with Toranomon Ham Co. Ltd.

    “Demand is growing in the northeast region,” said Molly Kesmodel, VP franchise development at HoneyBaked Ham. “Strategically speaking, we have had a solid year thus far with signed deals in Pennsylvania, Alabama and Georgia."

  • Arnault named executive VP at Louis Vuitton

    Paris - Louis Vuitton said Tuesday it has tapped billionaire heiress Delphine Arnault as the company’s executive VP. As the second in command, the daughter of LVMH CEO Bernard Arnault will oversee all product-related activities of the Louis Vuitton House.

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