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International Business

  • Le Coq Rico restaurant enters U.S. market in Manhattan

    Montmartre, France — Le Coq Rico, a popular Montmartre, France, restaurant has signed into its first location in the United States on 20th Street between Park Avenue South and Broadway in Manhattan’s Flatiron District. The space includes 3,000 sq. ft. on the ground floor and 1,800 sq. ft. on the lower level.

    Winick realty Group represented landlord Walter Samuels in the long-term lease transaction. Newmark Grubb Knight Frank represented the restaurant.

  • ChannelAdvisor bolsters executive team

    ChannelAdvisor, a leading provider of cloud-based e-commerce solutions that enable retailers and manufacturers to increase global sales, has promoted Jordan Weinstein to the role of managing director, EMEA.

    Weinstein will be responsible for developing the company’s local strategy and direction for growth. Along with this appointment, ChannelAdvisor has expanded its European management team with four new directors in the EMEA region.

  • Burger 21 expands to Phoenix

    Tampa, Fla. — Burger 21 has announced plans to expand in the Phoenix, market with franchise developments. The fast-casual restaurant is currently developing two Arizona locations in Scottsdale and Chandler. Both will open later this year. To date, Burger 21 has 12 open locations and 18 franchised restaurants in development across the country.

  • Leading India political party will ban foreign supermarket investment

    Mumbai, India – Leading Indian political party Bharatiya Janata Party (BJP) said in its official election manifesto that it will ban all foreign direct investment into the Indian supermarket sector if it wins a majority stake in the upcoming parliamentary election. BJP is widely expected to take majority control of parliament and the prime minister seat in India’s May 2014 elections.

  • Waiting period expires for Signet-Zale purchase

    Hamilton, Bermuda -- Signet Jewelers Limited and Zale Corporation have announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the proposed acquisition of Zale by Signet.

    The expiration of the HSR Act waiting period satisfies one of the conditions to the closing of the proposed acquisition, which remains subject to approval by Zale’s stockholders and certain other customary closing conditions.

  • The Pantry names Harris Teeter vet chairman of the board

    Cary, N.C. -- The board of directors of The Pantry Inc. has elected Thomas W. "Tad" Dickson, former chairman and CEO of Harris Teeter Supermarkets Inc., to serve as chairman of the board of directors. He replaces Edwin J. Holman, who was chairman of the board since September 2009.

  • Barnes & Noble books new board member

    Barnes & Noble named Tulane University president Scott Cowen to its board a after a major shareholder disclosed it was dumping 90% of its stake in the company and relinquishing a seat on the board of directors.

    Cowen serves as president of Tulane University in New Orleans and also holds the titles of Seymour S. Goodman Memorial Professor of Business in Tulane’s A.B. Freeman School of Business and Professor of Economics in the School of Liberal Arts.

  • DSW to open new store in Ponce, Puerto Rico

    Columbus, Ohio — DSW Inc., Designer Shoe Warehouse has announced the opening of a new store in Ponce, Puerto Rico, on April 10. As of April 10, DSW will operate 407 stores in 43 states, the District of Columbia and Puerto Rico.

    DSW also operates an e-commerce site at DSW.com. In addition, the company supplies footwear to 357 leased locations in the United States under the Affiliated Business Group.

     

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