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International Business

  • Target selects Retalix 10 Store Suite

    New York City -- Retalix Ltd. announced that Target Corp. has selected the Retalix 10 Store Suite as its next-generation store platform for Target's new retail operations in Canada. Retalix 10 is designed as an integrated platform that unifies and streamlines deployment and management of in-store systems to ensure a consistent and personalized shopping experience.

  • Whole Foods Market named NRF’s Retail Innovator of the Year

    Washington, D.C. -- The National Retail Federation announced that Whole Foods Market is the recipient of its prestigious annual Innovator of the Year award.

    Walter Robb, co-CEO, will accept the award on behalf of co-CEO and founder John Mackey during the Annual Retail Industry Luncheon at NRF’s 101st Annual Convention and Expo on Jan. 17.

  • Delhaize says goodbye to Bloom, cuts back on Food Lion

    BRUSSELS — Belgian supermarket operator Delhaize Group, which operates the Food Lion, Bottom Dollar Food, Harveys, Hannaford Supermarkets, Reid's and Sweetbay regional banners in the United States, said Thursday it will close 113 Food Lion stores and eliminate the Bloom banner as part of a reorganization. The Fool Lion stores slated for closure are primarily in markets in which the company has the least store density.

  • Walmart to face Target’s ‘Operation Ontario’ in 2012

    The Germans didn’t know the precise landing point of the allied of invasion of Europe, but Walmart now knows where Target plans to launch its assault on the Canadian market.

  • Staples names communications exec

    Framingham, Mass. -- Staples said Thursday it has appointed Kirk Saville as VP global communications, charged with overseeing Staples’ internal and corporate communications, marketing, public relations, community relations and corporate events.

    Saville, who joins Staples from The Hershey Co. where he was VP corporate communications, will report to Steve Fund, Staples senior VP global marketing.
     

  • Fast Retailing net profit rises in Q1, but trims outlook

    Tokyo -- Fast Retailing Co., operator of the Uniqlo apparel chain, reported Thursday a net profit of $405.3 million for the first quarter, a 37% rise that the company said was due in large part to a change in accounting methods. Operating profit dipped 2.8%.

    Sales gained 8.6% overall for the quarter, but the company has trimmed its full-year outlook as sales in its home market remained sluggish.

  • Delhaize to close 113 Food Lion stores, retire Bloom banner

    Brussels -- Belgian supermarket operator Delhaize Group, which operates the Food Lion, Bottom Dollar Food, Harveys, Hannaford Supermarkets, Reid's and Sweetbay regional banners in the United States, said Thursday it will close 113 Food Lion stores and eliminate the Bloom banner as part of a reorganization. The Fool Lion stores slated for closure are primarily in markets in which the company has the least store density.

  • NRF urges Obama to call for initiatives to support retail

    WASHINGTON — The National Retail Federation announced that it has issued an open letter to President Obama urging him to call for action on initiatives that support a strong retail sector when he delivers his State of the Union address later this month. The letter was signed by Macy’s chairman, president and CEO Terry Lundgren, who chairs the NRF doard of directors, and NRF president and CEO Matthew Shay.

  • Glen Senk named CEO of David Yurman

    New York City -- David Yurman on Wednesday announced that Glen T. Senk will join the fine-jewelry company as CEO, effective Feb. 27. Senk, who on Tuesday announced he was stepping down as CEO of Urban Outfitters, will take an ownership stake in the privately owned company.

  • Report: India to allow certain single-brand retailers to open

    New York City --

    The government said it would lift the current 51% ownership limit on foreign companies that sell just one brand of products — a group that would include such companies as Gap, Apple and Starbucks — if they met certain strict conditions, the report said.

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