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International Business

  • Barnes & Noble in deal with U.K.’s John Lewis

    New York -- Barnes & Noble announced that it will enter into a partnership with British retailer John Lewis to offer its Nook electronic readers in the United Kingdom.

    John Lewis is the first Nook partner for Barnes & Noble outside the United States.

    “John Lewis is where knowledgeable customers turn for trusted advice on the best products to purchase, and they are a perfect partner to help launch Nook in the U.K.,” said Jamie Iannone, president of digital products at Barnes & Noble.
     

  • Dunkin' Donuts announces plans for 29 new restaurants in Houston and Waco, Texas

    Canton, Mass. -- Dunkin' Donuts announced the signing of multi-unit store development agreements with four franchise groups to develop 29 new restaurants in Houston and Waco, Texas, over the next several years.

  • Former Procter & Gamble exec named Ralph Lauren CFO

    NEW YORK — Ralph Lauren has named Christopher Peterson as SVP and CFO. Peterson will assume his new role effective Sept. 24, and his areas of responsibility will include the company’s global finance and information technology organizations. He will report to Roger Farah, president and COO.

  • Schulze moves closer to Best Buy buyout

    MINNEAPOLIS — Richard Schulze has moved one step closer to achieving his goal of acquiring Best Buy. The company has agreed to let its founder and former chairman access to certain due diligence information and form an invesment group so that he may continue his efforts to attempt to buy the company.

  • Tiffany Q2 misses; cuts profit outlook

    New York -- Tiffany & Co.'s net income in the second quarter rose 2 % to $91.8 million, up from $90 million last year. But the performance missed Wall Street's expectations and the jewelry company cut its full-year guidance, citing the tough global economy and weakness in key markets such as New York and Asia.

  • Ahold U.S. sales up despite challenging market

    AMSTERDAM — Royal Ahold's U.S. subsidiary saw net sales rise 3.4% in light of challenging market conditions, the retailer reported last week.

  • Delhaize Group extends partnership with Retalix

    Dallas -- Retalix Ltd. and Delhaize Group have signed a multi-year global strategic partnership agreement, under which Retalix will become the preferred supplier of in-store software for Delhaize Group’s 3,300 locations, including more than 20,000 point-of-sale terminals, across Eurasia and the United States.

  • Report: Ahold to open grocery stores catering to singles

    New York -- Koninklijke Ahold will open its first grocery store tailored to singles, in Germany, according to Bloomberg, which cited a report by Financial Times Deutschland.

    The first store will open in the city of Aachen Sept. 12, with 11 more locations to follow in the state of North-Rhine Westphalia, the report said.
     

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