International Business

Englewood, Colo. – Michael Foss has been named CEO of The Sports Authority Inc. He replaced outgoing CEO Darrell Webb, who is retiring both as the company’s chief executive and chairman of the board.

Foss, a member of the board of directors of The Sports Authority since 2009, most recently served as executive VP and CFO at Petco Animal Supplies and as CFO of Circuit City Stores before that. He has 30 years of executive experience across a variety of verticals including retail.

MINNEAPOLIS — General Mills saw growth for the fourth quarter and full fiscal year ended May 26, thanks to new product offerings as well as established product lines.

The company reported net sales of $17.8 billion for fiscal 2013, an increase of 7% from 16.7 billion in fiscal 2012. 

Men’s Wearhouse founder and ousted executive chairman George Zimmer released an open letter late Wednesday in which he addressed the manner in which the board portrayed him in a statement yesterday.

Zimmer flatly denies the board’s claims that he was an obstinate former CEO, determined to regain absolute control by pushing for the company to go private.

Austin, Texas – Digital coupon provider RetailMeNot is expanding into Canada with the launch of its new RetailMeNot.ca site. The site provides Canadian consumers with access to thousands of digital coupons for more than 6,000 retailers doing business in Canada.

ZEELAND, Mich. — Office furniture manufacturer Herman Miller posted strong fourth quarter results and offered an indication that demand may finally pick up for other segments of the office products world. 

The company reported net sales for the quarter ended June 1 of $460 million, an increase of 9.3% from $420.7 the same quarter last fiscal year. For the full fiscal year, net sales were $1.8 billion, reflecting a year-over-year increase of 2.9% from $1.7 billion. 

Atlanta - A Tuesday report by the Atlanta Business Chronicle said that the HoneyBaked Ham Co. of Georgia will expand in the Northeast with 30 new stores over the next five years, and will make its international debut in Japan via a partnership with Toranomon Ham Co. Ltd.

“Demand is growing in the northeast region,” said Molly Kesmodel, VP franchise development at HoneyBaked Ham. “Strategically speaking, we have had a solid year thus far with signed deals in Pennsylvania, Alabama and Georgia."

Paris - Louis Vuitton said Tuesday it has tapped billionaire heiress Delphine Arnault as the company’s executive VP. As the second in command, the daughter of LVMH CEO Bernard Arnault will oversee all product-related activities of the Louis Vuitton House.