International Business

Seattle - Starbucks Coffee Company has named Starbucks Canada executive VP and president Annie Young-Scrivner as executive VP and president, Teavana. Nine-year retail operations executive and employee resources senior VP Rossann Williams has been appointed senior VP and president, Starbucks Canada.

Teavana founder and CEO Andy Mack, having helped with the integration of Teavana with Starbucks, has decided to retire from the company.

Danbury, Conn. - Ethan Allen Interiors Inc. has appointed Daniel R. Bradley as its senior VP, Furniture Group. Bradley will lead the merchandising and manufacturing operations for the furniture group.

Bradley’s career in the home furnishings industry includes his most recent role at Furniture Brands International Inc. where he served as president designer brands. Prior to assuming that role, Bradley served as the president and CEO of Ferguson Copeland Ltd. and previously was president of Baker, Knapp and Tubbs.

New York – The board of directors of Foot Locker Inc. has elected Steven Oakland as a director of the company. Oakland is currently president -international, foodservice, and natural foods of The J.M. Smucker Company.

Oakland has spent the bulk of his career at The J.M. Smucker Company, serving in increasingly senior positions. He has extensive experience in domestic and international retail operations at the company, having also served as president of U.S. Retail for Smucker's, Jif, and Hungry Jack.

Hamilton, Bermuda - In a deal that would combine the two largest mid-tier jewelry chains in the United States, Signet Jewelers Ltd. has agreed to buy rival Zale Corp. for about $690 million dollars. Signet will offer $21 in cash for each Zale share, representing a 41% premium over Tuesday's closing price.

New York — Wasabi, a London-based sushi and bento chain, has opened a two-floor 3,400-sq.-ft. store at 561 Seventh Avenue in New York City. Ripco Realty represented the landlord, Handler Real Estate Organization in the transaction. CWM represented the tenant.

The flagship space is Wasabi’s first branch in the United States. With 36 locations in the United Kingdom, the chain plans to expand throughout Manhattan over the next 18 months.

Dublin, Ohio -- The Wendy’s Company announced the sale of 70 restaurants in the Dallas-Ft. Worth metroplex to Texas-based MUY Hamburger Partners, a Wendy's  franchisee. The transaction is designed to promote new restaurant growth and reimaging, while generating a more predictable revenue stream for the company.

Cupertino, Calif. – Apple opened its first South American store in Rio de Janeiro, Brazil on Feb. 15. Brazil is a leading global market for smartphones and media reports indicate more than 1,700 customers attended the opening of the store.

Hampstead, Md. — Jos. A. Bank Clothiers Inc. is buying the parent company of Eddie Bauer in a cash-and-stock deal valued at $825 million. The deal is the latest chapter in Jos A. Bank’s ongoing takeover battle with Men’s Wearhouse. Last fall, Jos. B. Bank tried and failed to buy rival Men’s Wearhouse for $2.3 billion. Men’s Wearhouse then began pursuing Jos. A. Bank.