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International Business

  • Ralcorp investor named to board of directors

    ST. LOUIS — Ralcorp Holdings has named Keith Meister, the founder and managing partner of Corvex Management LP, to its board of directors, effective immediately.  In addition, Meister will join the strategy and financial oversight committee which is charged by the board of directors with the evaluation of strategic opportunities to drive shareholder value.

  • Walmart’s diversity efforts acknowledged by Fortune

    Three top executives from Walmart were among the 50 most powerful women recognized recently by Fortune.

    The business publication put Sam’s Club president and CEO Rosalind Brewer at 12th on the list with Walmart U.S. EVP and COO Gisel Ruiz ranked 21st. Also making the list in 36th place was Susan Chambers, Walmart’s EVP of the global people division.

  • Report: Wal-Mart sued in Florida for gender discrimination

    New York -- Three female employees of Wal-Mart Stores Inc. filed a lawsuit Thursday in federal court in South Florida claiming the company discriminates against women in areas such as wages and promotion opportunities, the Associated Press reported.

    The potential class-action lawsuit follows similar lawsuits recently filed in Tennessee, Texas and California. It also follows a 2011 U.S. Supreme Court decision that tossed out a national gender bias lawsuit seeking to represent some 1.6 million female Wal-Mart workers.

     

  • The hard part begins for Target in Canada

    Deciding back in January 2011 to spend roughly $1.8 billion to acquire 220 Zellers’ leases was easy compared to the challenge Target has undertaken more recently in Canada.

  • Target ranks sixth in RT Top 100

    In case you missed it, Retailing Today published its annual Insights 2013 issue recently and while Target is currently the nation’s sixth largest retailer that position is likely to change in 2013.

    It is conceivable Target could become the nation’s fourth largest retailer by this time next year, overtaking both Home Depot and Walgreens.

  • Corner Bakery names new president to lead expansion

    Dallas -- Corner Bakery Café said Wednesday it has named Gary Price as president of the chain.

  • Uniqlo to open first West Coast flagship in San Francisco

    SAN FRANCISCO — Fast Retailing will open its first West Coast Uniqlo flagship store in the Union Square neighborhood of San Francisco.

  • P&G, NextFoods execs join Ecologic board

    OAKLAND, Calif. — Ecologic Brands, makers of America’s first molded paper bottles, has named Alan Murray, CEO of NextFoods and Dr. Steve Miller, chief innovation catalyst at P&G, to its advisory board.

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