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International Business

  • McDonald’s plans Vietnam expansion

    Oak Brook, Ill. – McDonald’s has signed a contract with Vietnamese businessman Henry Nguyen to serve as a developmental licensee for the company in Vietnam.

    Nguyen, founder of Good Day Hospitality and managing partner of IDG Ventures Vietnam as well as a former part-time McDonald’s store employee in the U.S., is expected to open Vietnam’s first McDonald’s restaurant in Ho Chi Min City in early 2014.

  • Former PetSmart CEO appointed to Hanes board

    WINSTON-SALEM, N.C. — HanesBrands has appointed former PetSmart chairman and CEO Robert F. Moran to the company’s board of directors.

    Moran, 62, whose term runs until the 2014 annual meeting of stockholders, will serve on the board’s audit committee. With Moran’s appointment, the Hanes board has 10 members.

    Moran's international career in the retail industry spans four decades. He retired last month from PetSmart, where served as COO from 2001 to 2009, prior to being promoted to CEO.

  • Foot Locker acquires Runners Point Group in Germany

    New York -- Foot Locker has completed the acquisition of Runners Point Group, a specialty athletic store and online retailer based in Recklinghausen, Germany.

    With 200 stores located principally in Germany under the Runners Point and Sidestep banners and online business, Runners Point Group will boost Foot Locker’s European store count to 800 and add $254 million to the company’s European revenues of more than $1 billion.

     

  • Rick Puttkammer returns to Colliers

    San Diego -- The San Diego office of Colliers International has announced that Rick Puttkammer is rejoining the firm as a senior VP. A 25-year veteran in retail property sales and leasing, Puttkammer will head up the firm’s retail division.

    Most recently, Puttkammer was senior VP at Flocke & Avoyer in San Diego. From 1987 to 1997, he was senior marketing director at Colliers in San Diego.

     

  • Accenture globalization report finds emerging market retailers on the move

    New York -- The growing appeal of smaller format stores and the increasing number of international moves by emerging market retailers are two of the key trends revealed in the Accenture Globalization Index, Quarter One 2013.

  • DORMA acquires Door Controls

    Reamstown, Pa. -- DORMA USA Inc. has significantly expanded its U.S. presence by acquiring Door Controls, one of the largest independent automatic door distributors in the nation.

    The acquisition enables DORMA to provide its customers with enhanced products solutions and services in the Midwest, and reinforces DORMA’s current strong installation and service presence in the Eastern region of the country.

     

  • Loblaw to test natural foods store concept

    New York -- Canadian grocery giant Loblaw Cos. will test a new retail concept called Nutshell Live Life Well, a freestanding brand targeted to health-conscious shoppers, the Financial Post reported. The move comes as Whole Foods Market eyes greater expansion in Canada.

    The first Nutshell will open this fall in downtown Toronto. It will feature a broad assortment of prepared, fresh and packaged foods, a prescription pharmacy, natural health and beauty products, vitamins and supplements.

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