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International Business

  • Target readies Canadian stores for opening

    MISSISSAUGA, Ontario — Target will soft open 21 locations across Southwestern Ontario, including 17 locations on March 19 and four locations on March 28.  The soft openings follow the launch of three pilot stores and will allow Target to continue to engage in volume testing ahead of grand opening in early April. The 21 new locations are in addition to pilot stores in Guelph, Milton and Fergus, and will complete the 24 stores scheduled to open in March. Target plans to open 124 stores across Canada throughout 2013.

  • Kid Brands names new CEO

    EAST RUTHERFORD, N.J. — Kid Brands, a manufacturer of juvenile and infant products has announced the appointment of Raphael Benaroya as president and CEO, effective immediately. The company intends to appoint a non-executive chairman of the board, although Benaroya will continue to serve as chairman until his successor is appointed, and is expected to continue to serve as a board member thereafter.

  • Whirlpool names head of Europe, Middle East and Africa region

    BENTON HARBOR, Mich. — Whirlpool  has appointed Esther Berrozpe as president of the company's Europe, Middle East and Africa (EMEA) region and to the company's executive Committee. Berrozpe is currently VP European markets for the company's EMEA region.

    "Esther is a proven global leader at Whirlpool Corp. Her experience in both Europe and North America is strong, and she is well-suited to lead our European business," said Jeff Fettig, chairman and CEO of Whirlpool Corp.

  • Walmart’s six priorities for growth

    Walmart CFO Charles Holley weighed in on the retailer’s growth priorities earlier this week during a presentation to investors at the Bank of America Merrill Lynch Consumer & Retail Conference.

  • Target names new board members

    Senior executives from Yahoo! and Ecolab are the newest members of the board of directors at Target.

    The retailer late Wednesday announced the addition of Douglas M. Baker, Jr., chairman and CEO of Ecolab Inc., and Henrique De Castro, COO of Yahoo! Inc., to its board, effective immediately.

    Baker, 54, is a 24-year veteran at St. Paul, Minn.-based Ecolab. Prior to being named president and CEO in July 2004, Baker held key roles in marketing, sales and general management in both the U.S. and Europe. He became chairman in May 2006.

  • Bongo helps online wholesaler go international

    SCOTTSDALE, Ariz. — DollarDays.com, an online wholesale distributor, has recently joined forces with Bongo International to offer customers located worldwide the same discounts and service that U.S. clients have enjoyed for over 12 years. Bongo International is a global e-commerce solution providing U.S. retailers access to international markets with no change to their current operations.

  • Sales and earnings up at Express

    COLUMBUS, Ohio — Express, a specialty retail apparel chain operating more than 620 stores, reported that fourth quarter net sales increased 8% to $728.7 million from $673.2 million in the fourth quarter of 2011. Comparable sales increased 1.5%, following a 5% increase in the fourth quarter of 2011.

    Net income was $63.9 million, or 75 cents per diluted share. This compares to net income of $60.4 million, or 68 cents per diluted share in the fourth quarter of 2011.

  • Kimberly-Clark names CMO

    DALLAS — Kimberly-Clark has announced that Clive Sirkin has been named vice president and chief marketing officer, reporting to Tony Palmer, president of global brands and innovation.

    Sirkin joined K-C in 2007 and has held a number of marketing leadership positions.

    "Since joining K-C, Clive has been instrumental in building strong, healthy brands and businesses around the world," Palmer said. "As CMO, Clive will continue the ongoing transformation of our marketing function as a core driver of our growth agenda."

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