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International Business

  • SRS opens Toronto Office

    Dallas — SRS Real Estate Partners, in partnership with Cresa Toronto, has opened an office in Toronto, Canada. It is the company’s first Canadian office and second international location. Jamie Grossman, managing principal for Cresa Toronto will oversee the new office, while SRS has brought in Lindsay Ryder as first VP for SRS.

  • Delhaize Group to exit Bosnia & Herzegovinia

    Brussels, Belgium -- Delhaize Group has signed an agreement with Tropic Group B.V. to divest all of its 39 Bosnian & Herzegovinian stores. Tropic Group B.V. is an entrepreneurial organization founded by retail executive Bojan Risović.

    The transaction is expected to complete in third quarter 2014, subject to regulatory approval and working capital adjustments. Terms were not disclosed. Delhaize originally purchased the stores from Serbian retailer Delta Maxi in 2011.

  • Fuddruckers debuts in Europe

    Houston — Fuddruckers has opened its first restaurant in Europe — in Varese, Italy near Milan. The fast casual restaurant is the first of 10 planned by a new franchise partner, Vinum et Alia. Future sites being considered are in Italy, Poland and Switzerland.

    The design of the 5,000-sq.-ft., 120-seat restaurant references Fuddruckers’ classic roadhouse origins.

     

  • Jack Link’s ready for European feast

    The sale of Unilever’s meat snack business to Jack Link’s closed this week, clearing the way for the Minong, Wis.-based company to pursue its global ambitions.

    Jack Link’s is already the leading U.S. meat snack brand with a pervasive presence at retail but has set its sights on international growth.

  • Casey’s to build new DC

    Ankeny, Iowa -- Casey’s General Stores plans to break ground on the company’s second distribution center in November 2014. The facility will be located in Terre Haute, Ind.

  • Lumber Liquidators expands board to nine members

    Toano, Va. -- Lumber Liquidators is expanding its board of directors from eight to nine members with the appointment of Nancy M. Taylor as a Class III director effective April 1. Taylor currently serves as the president and CEO of Tredegar Corp., serving in such roles since January 2010, and is a member of Tredegar's board of directors.

  • Pinkberry frozen yogurt franchisee plans 50 stores in Japan

    Los Angeles and Tokyo — Pinkberry has selected Royal Holdings to roll out franchises across Japan. An experienced franchisee, Royal Holdings operates 722 restaurants across several brands.

    The initial development plan calls for 50 Pinkberry frozen yogurt stores.

     

  • SC Johnson scores another sustainability win

    Consumer goods manufacturer SC Johnson continues to make progress on an ambitious waste reduction goal by securing “zero landfill” status at its eighth global manufacturing facility.

    The company has set a target of reducing its global manufacturing waste by 70% by 2016. From 2000 to 2012 the company reduced its waste by 62% as a ratio to production.

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