International Business

PORTLAND, Ore. — Columbia Sportswear Company will sponsor three freestyle ski teams during the 2012-13 World Cup season and the 2014 Winter Olympics in Sochi.

Russia completes the trifecta, having signed on with Columbia this year. It joins Canada, which signed up in 2008 and the United States, which signed on last year.

Mississsauga, Ontario -- Walmart Canada on Friday opened its 200th supercenter, in Edmonton, Alberta. Today's grand opening marks a major milestone for Walmart Canada. The company opened its first supercentres in Ontario in 2006. Today, Walmart Canada has supercentres in six provinces and 373 stores nationwide serving more than eight million customers each week.

Walmart is occupying the familiar role of corporate villain again this week as new details emerge regarding a fire that killed 112 people at a Bangladesh apparel factory used by one of the retailer’s suppliers.

New York -- British billionaire Sir Philip Green, the owner of the Arcadia retail group, sold a 25% stake in his fast-fashion Topshop and Topman retail chains to Los Angeles-based Leonard Green & Partners for about $805 million. Arcadia’s other retail divisions include Miss Selfridges, Bhs, and Dorothy Parker.

New York -- Cathy Green Burns, president of Food Lion, has left the company and is being succeeded by Beth Newlands Campbell as part of a major organizational shakeup at Delhaize America, according to published reports. Delhaize America is a division of Brussels-based Delhaize Group. Campbell previously served as president of Hannaford Supermarkets.

ATLANTA — Perdue Partners has aquired Atlanta-based logistics company Benton Express.

It looks likes India’s rules against foreign direct investment in the retail sector will no longer be an impediment to Walmart’s expansion in the world’s second most populous country.

India -- The Indian government on Friday won a non-binding vote in the upper house of parliament on its new policy to allow foreign supermarkets to enter the country's vast retail market, which is put at approximately $450 billion.

The government had already won a vote on retail reform in the lower house two days earlier.