International Business

Jacksonville, Fla. -- Regency Centers Corp. announced changes in its executive management team. Bruce Johnson, executive VP and CFO has announced that he will retire at the end of 2012. Effective with his retirement, Lisa Palmer, senior VP of capital markets, will succeed him as CFO.

SAN FRANCISCO — Gap Inc. has announced that Tom Wyatt, president of its Old Navy brand, has resigned in order to take a position at another company outside of the apparel retail business, effective Feb. 3. The company has named two senior executives at Old Navy to lead the division, reporting to Gap Inc. chairman and CEO Glenn Murphy, while a formal search for a new brand president is under way.

ROCHESTER, N.Y. — After weeks of speculation, Kodak and its U.S. subsidiaries officially filed voluntary petitions for Chapter 11 business reorganization.

BENTONVILLE, Ark. — In an unexpected turn of events, Brian Cornell is stepping down as Sam’s Club president and CEO and will be replaced by Rosalind Brewer who currently serves as president of the Walmart U.S. East business unit. The company announced a number of other senior personnel changes as well in advance of new fiscal year.

BENSALEM, Pa. — Charming Shoppes has announced the following executive leadership announcements.

Bensalem, Pa. -- Charming Shopped announced that Bryan Q. Eshelman has been promoted to executive VP -- chief supply chain officer, effective immediately.

Eshelman joined Charming Shoppes in 2010 as senior VP -- operations, with responsibility for technology, logistics, technical design and quality assurance. He has led a number of key initiatives relating to Charming Shoppes' IT systems transformation and multi-faceted supply chain strategies.

San Francisco -- Gap Inc. announced Thursday that Tom Wyatt, president of Old Navy, will leave the chain, effective Feb. 3, 2012. The company named two senior Old Navy executives — Nancy Green, executive VP and chief creative officer, and Tom Sands, executive VP of stores and operations — to assume his duties while a search is held for a permanent replacement.

Wyatt, 56, was appointed president of Old Navy in 2008. He is leaving the chain to become the CEO of Portland, Ore.-based childhood education company Knowledge Universe.

WASHINGTON — The National Retail Federation said it welcomed President Obama’s plans to boost travel and tourism, saying efforts to process visa applications more quickly will help U.S. stores make more sales to foreign tourists and business travelers who want to come here to shop.

New York City -- Athleta, the Yoga-inspired lifestyle athletic apparel brand for women owned by Gap Inc., plans to open stores in Chicago, Boston, Houston and Denver in 2012, according to Bloomberg.

In the report, Scott Key, senior VP and general manager, reiterated the company’s plan to open more than 50 Athleta stores by the end of 2013.

New York City -- Starbucks Corp. is closing in on its retail deal with India’s Tata Coffee Ltd., which makes and exports instant coffee and plantation coffee, Reuters reported.

Tata Coffee plans to open a Starbucks coffee shop by the end of this year, the report said.