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International Business

  • Davaco Canada relocates office

    Dallas — Davaco, a provider of high-volume programs and implementation services for global brands, announced that the company’s Canadian offices have relocated to a new space in Woodbridge, Ontario.

    Effective immediately, Davaco Canada will operate its divisional office at 100 Marycroft Avenue, Unit # 4, Woodbridge, Ontario, L4L 5Y5.

    According to founder/CEO Rick Davis, DAVACO’s new office space provides enhancements that further support its clients’ brand initiatives in Canada.

  • GNC has strong Q4; will enter Russia

    Pittsburgh — GNC Holdings Inc. reported positive financial performance during the fourth quarter and fiscal year 2013. For the quarter, net income slightly rose to $47.7 million from $47.4 million in the same period the prior year.

    In addition, the chain reported consolidated revenue of $613.7 million for the quarter, an increase of 8.6% from $565 million from the year-ago period. Same-store sales increased 5% in domestic corporate stores and 3.3% in domestic franchise stores.

  • Uniqlo to make Southern California debut

    Costa Mesa, Calif. — Uniqlo is expanding into Southern California. The Japanese apparel retailer will open its first stores in the region this fall, at the Beverly Center in Los Angeles and South Coast Plaza in Costa Mesa.

    Uniqlo announced announced it will an additional location in Northern California, at the Sunvalley Shopping Center in Concord. Also in the works: a store at Stamford Town Center, Stamford, Conn.
     
    The retailer, owned by Japanese holding company Fast Retailing Co., currently has 17 stores in the United States.

  • Wal-Mart halts India expansion

    Bentonville, Ark. — Wal-Mart is reportedly halting its Indian expansion plans, at least for now. According to the Financial Times, Wal-Mart has not opened any new cash-and-carry stores in India since October 2013 or any new convenience stores there since November 2013.

  • Burger King net income soars, revenue crashes

    Miami — Burger King Worldwide Inc. reported impressive net income growth during the fourth quarter and full fiscal year 2013. Consolidated net income rose 37% year-over-year to $66.8 million from $48.6 million in the quarter, and almost doubled from $117.7 million to $223.7 million for the year.

  • JLL adds executive VP and VP to Mobile, Ala., office

    Chicago — Jones Lang LaSalle has announced the appointment of Josh Burmeister as executive VP and Gulf Coast retail brokerage lead and Ms. Buff Teague as VP. They will cover Alabama, Mississippi, Louisiana and the Florida Panhandle, partnering with John Bemis, Southeast retail market lead and John Lambert, Fla., retail market lead.

    Burmeister and Teague join JLL from SRS Real Estate Partners.

    While at SRS, Burmeister served as market leader for operations in Mobile, Ala., and co-market leader for Birmingham Ala., operations.

  • Flip Flop Shops expands into Africa

    Atlanta — Flip Flop Shops has announced plans to develop 25 shops throughout South Africa, Zimbabwe and Mauritius. The new shops stem from a master franchise agreement with Barefoot, regional retail group. The first new shop is expected to open by mid-year, with additional shops following over the next 10 years.

    Flip Flop Shops has nearly 100 locations globally plus more than 150 shops in the development pipeline, not including those within this new franchise agreement.

     

     

  • Casey’s General Stores to acquire 24 Stop-n-Go locations

    Ankeny, Iowa -- Casey’s General Stores announced that it has signed an agreement to acquire 24 Stop-n-Go locations. Twenty of the stores are located in North Dakota and four are located in Minnesota.

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