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International Business

  • Wearable tech startup expands board

    Former Motorola executive and early stage technology investor Richard N. Nottenburg, PhD, has joined the board of Theatro, a startup focused on wearable devices.

    Nottenburg previously served as president and CEO and a member of the board of directors of Sonus Networks from 2008 to 2010. From 2004 until 2008, Nottenburg was an officer with Motorola, ultimately serving as its EVP, chief strategy officer and chief technology officer. He currently serves on the boards of PMC Sierra, Verint Systems and Aeroflex Corporation.

  • Grupo Gigante to sell shares in Office Depot Mexico

    New York -- On Tuesday, Mexican retail company Grupo Gigante said in a regulatory filing that it will list shares in Office Depot de Mexico, the local division of the U.S. office-supply chain it purchased last year.

    The listing would be public in Mexico and private in the United States and other markets.

  • ChannelAdvisor taps new VP, general counsel

    ChannelAdvisor, a leading provider of cloud-based e-commerce solutions, has appointed Diana Semel Allen as VP and general counsel. In her new role, Allen will oversee the company’s worldwide legal functions, including regulatory compliance, commercial affairs, mergers and acquisitions, litigation and intellectual property management.

  • Rakuten’s Global Ambitions

    Japan’s biggest e-commerce player uses third-party marketplace model to expand

    Most U.S. consumers, and many retailers for that matter, have probably never heard of Rakuten. But if Japan’s largest e-commerce marketplace has its way, that will soon change: The company has set its sights on becoming a household name in the United States. An even loftier goal: outpacing e-commerce giant Amazon.com.

  • Fast Retailing’s slow U.S. expansion

    Japanese apparel retailer Fast Retailing remains deliberate in its approach to growth of its Uniqlo brand in the U.S. with plans for five more stores by mid-year.

    There are currently 1,300 Uniqlo locations worldwide in 13 countries, but only 17 stores in the U.S. The five new stores the company is adding this spring and summer will be located in King of Prussia, Pa., Stamford, Conn., and Daly City, Concord, and Milpitas, Calif. The company’s other existing stores are clustered in the Northeast with and northern California.

  • Overstock to appeal court ruling on comparison price advertising

    Overstock.com is starting 2014 with plans to appeal the tentative ruling of a California trial court prohibiting it from comparison price advertising unless done in conformity with new court-mandated practices which, according to the online retailer, diverge widely from industry standards.

  • Jamba Juice plans Middle East expansion

    Emeryville, Calif. — Jamba Juice Company has entered into a master franchise development agreement with Foodmark, the food and beverage division of Landmark Group, to develop 80 Jamba Juice stores across the Middle East region during the next 10 years. The first Jamba Juice store is expected to open in Dubai in 2014.

    Foodmark operates several restaurant concepts and brands in the region.

  • Five ways to win with global e-commerce

    When U.S. retailers launch global e-commerce efforts, they often start with countries that have a long-standing trade history with America. Shipments to Canada are soon followed by expansion into the United Kingdom, Australia or other English-speaking areas.

    Some organizations stick with this strategy — where few barriers to entry, cultural similarities and overall market understanding provide for a “safe” selling environment.

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