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International Business

  • Ikea plugs-in Maryland’s largest rooftop solar energy system

    Perryville, Md. -- Ikea said Tuesday it has plugged-in the solar energy system installed at its distribution center in Perryville, Md.
     
    The 768,972-sq.-ft. PV array consists of a 2,674.9-kW system, built with 18,576 panels, and is the state’s largest rooftop array.

    The Ikea distribution center will produce approximately 3,397,178 kWh of clean electricity annually, the equivalent of reducing 2,397 tons of carbon dioxide, eliminating the emissions of 499 cars or powering 359 homes yearly.  
     

  • Protection programs provider Assurant appoints new SVP

    Assurant Solutions, a leading provider of extended protection programs and services, has appointed Jeff Unterreiner as SVP of its extended protection solutions business. 

    Unterreiner now has overall management responsibilities for the company’s extended service contract and vehicle service contract business. 

  • Crabtree & Evelyn positions itself on cloud for global expansion

    BURLINGTON, Mass. — Crabtree & Evelyn, an international luxury brand known for its bath, body and home fragrance products, turned to Demandware to re-launch its U.S. e-commerce site, crabtree-evelyn.com. 

  • Overstock founder returns as CEO

    SALT LAKE CITY — Overstock.com founder Patrick M. Byrne has returned as CEO of online discount retailer.

    Byrne took a medical leave of absence in February to address cardiac issues thought to be associated with cancer treatments received much earlier in his life. 

  • WSJ: Hedge fund pressures Jones Group to sell parts of portfolio

    New York -- A report by the Wall Street Journal on Friday said that hedge fund Barington Capital Group is pressing Jones Group Inc. to slim down by divesting parts of its portfolio.

    Citing an unidentified source, WSJ said that Barington – in a meeting earlier this month – urged Jones to hire financial advisers to analyze many of the company’s 35-plus to pare down the portfolio and focus on its core and emerging brands.

  • Costco March same-store sales up 4%, misses Street

    Issaquah, Wash. -- Costco Wholesale Corp reported a 4% rise in same-store sales, missing analysts' expectations for a 5.2% increase. The company said its results were negatively impacted by lower fuel prices and a strong dollar, which hurt the value of its sales overseas.

    Net sales at Costco rose 7%to $9.67 billion for the five-week period ended April 7.

     

  • Dell, Microsoft partner to improve supply chain efficiency for OEM customers

    ROUND ROCK, Texas — Dell OEM Solutions announced that it has worked with Microsoft Corp. to become a global distributor, outsource manufacturer and integrator for Windows Embedded products.

    The agreement, which went into effect on April 1, enables Dell to provide Windows Embedded product licenses (COAs) with Dell product solutions. This means it is easier for Dell OEM Solutions customers to bring their products and solutions to market through:

    • Shorter lead times with in-stock COAs

  • Accenture Interactive founder joins board of Orchestro

    Timothy Breene, former chief strategy and corporate development officer and founder and CEO of Accenture Interactive – the fast growing digital media and marketing analytics business – has joined Orchestro’s board of directors to help enable brands worldwide to act with the speed and agility needed to win every inch in today’s tightly matched market.

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