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International Business

  • Mattress manufacturer’s EVP, global operations, retires

    LEXINGTON, Ky. — Mattress and pillow manufacturer Tempur-Pedic has announced that its EVP of global operations, Matthew Clift, is retiring.

    A succession plan and search is already underway with Clift continuing to lead the global operations team during the transition period.

    Tempur-Pedic credits Clift with the global operations team’s success, which is describes as vital to the company's success and progression in recent years.

  • Saks CEO Sadove elected chairman of NRF board

    New York -- The National Retail Federation on Monday announced that Saks Inc. chairman and CEO Stephen I. Sadove has been elected chairman of the NRF board of directors and chairman of its executive committee.

    Sadove succeeds NRF’s immediate past chairman, Terry J. Lundgren, chairman, president and CEO of Macy’s.

  • Wal-Mart names new chief of Walmart Latin America; Solorzano to retire

    Bentonville, Ark. -- Wal-Mart Stores announced that Enrique Ostale, president and CEO of Walmart Chile, formerly D&S, has been named EVP, president and CEO of Walmart Latin America, where he will oversee Walmart's operations in Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Mexico and Nicaragua.

  • Former Tyco exec new president of National Envelope

    FRISCO, Texas — National Envelope, a privately held envelopes manufacturer in North America, has appointed former Tyco executive Jim Pinto to president and COO.

    An affiliate of global investment firm the Gores Group, National Envelope regards itself as an environmental leader in the paper and envelope converting industries and has certifications from the Forest Stewardship Council, Rainforest Alliance, Sustainable Forestry Initiative, Programme for the Endorsement of Forest Certification and Green Seal.

  • SC Johnson recognized for sustainability efforts

    RACINE, Wis. — SC Johnson, a leader in sustainability, has received the Renewable Energy Customer-Generator of the Year award from Renew Wisconsin.

    Renew Wisconsin is an independent nonprofit organization that leads and represents businesses, organizations and individuals who want cleaner, renewable energy in the state. It recognized SC Johnon for its achievements in using renewable energy in its global manufacturing operations.

  • Retail imports to increase 2.3% in January under looming threat of port strike

    Washington -- Import cargo volume at the nation’s major retail container ports is expected to increase 2.3% in January over the same month last year as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast docks, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. A strike would close 14 ports from Maine to Texas where nearly 15,000 dockworkers handle 40% of the nation’s ocean cargo.


  • Walmart makes Latin American leadership change

    The head of Walmart’s Chilean operation will assume responsibility for all of Latin America following the retirement of current president and CEO Eduardo Solorzano.

  • Buy.com gets an e-makeover

    NEW YORK and ALISO VIEJO, Calif. — Leading global e-commerce marketplace Rakuten Inc. has rebranded Buy.com, which it acquired May 2010, to Rakuten.com Shopping.

    Between now and January 30, merchants and consumers will still be able to go to Buy.com to access Rakuten’s U.S. subsidiary. Starting January 31, however, the site url will change to Rakuten.com. Anyone going to Buy.com will be redirected to the new url.

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