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International Business

  • Levi Strauss names president of global retail

    New York -- Levi Strauss & Co. promoted Joelle Mahler, senior VP of Americas Retail, to the new post of executive VP of the company, and president of global retail, effective immediately.

    Mahler will be responsible for Levi’s retail operations worldwide, including company-owned, franchise and outlet stores, along with e-commerce.
     

  • Cuhaci & Peterson selected to design four Aldi Supermarkets

    Orlando, Fla. -- Cuhaci & Peterson Architects said Wednesday it has been awarded a contract to design four Aldi Supermarkets in located in North and South Carolina and Florida.

    Each of the supermarket facilities will total 18,000 sq. ft. of retail space and are located in Salisbury and Indian Trails, N.C., in Columbia, S.C., and in southwest Orlando, Fla., near Disney World.

     

  • Caribou Coffee opens 100th international location, plans to ramp up store count

    Minneapolis -- Caribou Coffee Co. said Wednesday it has opened its 100th international operating location, located in Istanbul, Turkey. The new store, which opened May 10, is in partnership with master franchisee Al Sayer Group and Turkey's Yildiz Holding, and is Caribou's sixth store in Turkey.

    Al Sayer Group currently operates 89 of Caribou's 100 international locations in Turkey, Kuwait, United Arab Emirates, Lebanon, Bahrain, Jordan, Oman and Kingdom of Saudi Arabia.

  • Bombay& Co. selects TD Retail Card Services for private label credit card program

    Mahwah, N.J. -- Bombay & Co. Inc. has selected TD Retail Card Services, a unit of TD Bank, to create and administer its private label credit card.

    Under the agreement, TD will direct all facets of the program for the Toronto-based company’s 50 stores located in Alberta, British Columbia, Newfoundland, Nova Scotia, Ontario and Quebec. The new Bombay & Co. credit card will offer consumers a full menu of deferred interest and equal pay programs.

  • Whole Foods Market names regional presidents

    Austin, Texas -- Whole Foods Market has named Scott Allshouse, Omar Gaye and Rob Twyman as regional presidents following the promotion of David Lannon and Kenneth Meyer to executive VPs of operations.

    Allshouse fills Meyer's former role as president of the company's Mid-Atlantic Region. He moves from his position as president of the South Region.

    Gaye takes the South Region president position vacated by Allshouse, moving from his position as the South Region's VP.

  • Epicor to acquire assets of Cogita Holdings Ltd.

    Dublin, Calif. -- Epicor Software Corp., announced it has entered into an agreement to acquire substantially all of the operating assets and intellectual property of New Zealand-based partner Cogita Holdings Limited. The transaction is anticipated to close by May 31, 2012.

  • Tiffany Q1 profit flat, cuts forecast; will open 24 stores

    New York -- Tiffany & Co. reported Thursday that profit for the first quarter was essentially flat at $81.5 million, compared with $81.1 million in the year-ago quarter, prompting the jeweler to reduce its forecast for both sales and profit for the year.

    Worldwide revenue increased almost 8% to $819.2 million in the quarter, topping Wall Street’s estimates of $817.1 million in revenue. Same-store sales rose 4%.

    Tiffany said it now projects that sales globally will be up 7% to 8%, instead of the originally forecasted 10% rise.

  • Ann Taylor to make Canadian debut

    New York -- Ann Inc. announced Thursday that it will open two stores in Toronto, in fall 2012, marking the apparel retailer’s first foray outside the United States.

    “Toronto is the perfect location to open our first international stores. It is a beautiful city filled with modern, sophisticated women who lead busy lives, and we are excited to bring a trusted fashion destination that offers great style as well as incredible versatility,” said head designer Lisa Axelson.

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