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International Business

  • Newell Rubbermaid Q4 sales beat expectations

    ATLANTA — Newell Rubbermaid reported that net sales in the fourth quarter were $1.52 billion, an increase of 1.6% compared with the prior year. Sales growth was largely attributable to the tools, baby and parenting and writing segments and to robust growth in Latin America, the company said.

  • Footwear brand embarks on new path

    Former converse executive Jack Boys is the new CEO of Cole Haan following Nike’s recent sale of the brand to a private equity firm.

    Apax Partners completed the previously announced acquisition of Cole Haan from Nike and named Boy’s to the role of CEO effective immediately. Boys became CEO of Converse in 2001 and remained in that roles following Nike’s acquisition of Converse in 2003 through 2010. Prior to Converse, he was vp of global marketing at The North Face and has previously held positions with Avia, LeCoq Sportif and CVEO Corporation.

  • NRF calls on Obama to take action on jobs

    WASHINGTON — The National Retail Federation took aim at President Obama and Congress for not doing enough to improve the jobs situation and boost the economy.

  • ConAgra completes Ralcorp buy

    OMAHA, Neb. & ST. LOUIS — ConAgra Foods has completed its acquisition of Ralcorp Holdings. ConAgra Foods agreed to acquire Ralcorp on Nov. 26, 2012, for $90.00 in cash per share of Ralcorp common stock. The closing of the transaction follows the approval of the acquisition by Ralcorp’s shareholders on January 29, and the receipt of all required regulatory approvals.

  • Spartan Stores to be main distributor for Chief Super Market

    GRAND RAPIDS, Mich. — Chief Super Market, an Ohio-based grocery chain, has selected Spartan Stores, a regional grocery distributor and retailer, as its primary wholesale grocery supplier.

    Chief operates 12 stores in Northwest and West Central Ohio under the Chief and Rays banners. Spartan Stores stated that it will assume distribution to all of Chief’s banners for grocery, dairy, frozen, bakery and other products in March.

  • Ikea raise $12M for UNICEF

    CONSHOHOCKEN, Pa. — The Ikea Foundation, with the help of its customers and employees, have donated $12 million to UNICEF and Save the Children for projects that will help create opportunities for children to have access to a quality education.

  • P&G raises fiscal year outlook

    CINCINNATI — Procter & Gamble posted a boost in sales and earnings for the second quarter and raised its outlook for the fiscal year, the company announced on Friday.

  • Ex SuperValu and Pepsi execs join Clorox board

    Former SuperValu CEO Jeff Noddle and former Pepsi Bottling Group, Mexico, chairman Rogelio Rebolledo are the newest members of the Clorox board of directors.

    Noddle, 66, served as executive chairman at SuperValu until he retired in 2010 and from 2002 through 2009 he was the company’s chairman and CEO. Rebolledo, 68, retired from Pepsi’s Mexican bottling operation as chairman in 2007.

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