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International Business

  • H&M launching new retail chain in 2013

    Stockholm, Sweden -- Swedish fashion retailer Hennes & Mauritz AB confirmed Thursday that it will open a new chain in 2013 that will build on the 2007 launch of its upscale Collection of Style (COS). No name for the new concept has been revealed yet.

  • Target confirms location of 12 Quebec debut stores

    Minneapolis -- Target Corp. announced Thursday the location of its first 12 stores in Quebec. As previously announced, Target purchased the leasehold interests of 189 sites currently operated by Zellers Inc., and plans to open 125 to 135 stores in Canada, the majority of which will open in 2013.

    Target said it intends to announce additional Quebec store locations in the coming months.

    Target plans to open stores in the following locations in fall 2013:

  • Asda gaining grocery share in U.K.

    Wal-Mart Stores is making strides across the Atlantic, as its Asda division is taking more of the grocery market share in the United Kingdom from rival Tesco.

    According to a report from research firm Kantar Worldpanel, for the 12-week period ended March 18, Asda's share of the market grew to 17.9% on top of a year-over-year growth rate of 7.8%. By comparison, Tesco's growth rate of 2.7% lags behind the overall grocery market, which is growing at 4%.

  • Advance Auto names head of Midwest store operations

    Roanoke, Va. -- Advance Auto Parts has announced the promotion of Markus Hockenson to senior VP store operations, effective April 1.

    Hockenson will be responsible for providing strategic direction and leadership to the company’s Midwestern operations, which includes more than 1,200 stores. Hockenson will report to Carl Hauch, senior VP national operations and will be based in Denver.

  • New retail chain coming from H&M

    STOCKHOLM, Sweden — Fans of H&M will soon have a new place to shop as the Swedish fashion retailer Hennes & Mauritz AB confirmed Thursday that it will open a new chain in 2013 that will build on the 2007 launch of its upscale Collection of Style (COS). No name for the new concept has been revealed yet.

  • Workers’ rights issues emerge in Canada

    The United States isn’t the only country where workers’ rights are called into question by pro labor groups. North of the border, Target, which is expanding there for the first time, is facing criticism for its "anti-worker" policies from unions in both the United States and Canada. 

  • Staples names e-commerce director, Europe

    Framingham, Mass. -- Staples announced the appointment of Willem Vos as director of e-commerce, Staples Europe.

    Vos will report to Peter Howard, senior VP, head of Staples online and marketing, Staples Europe.

  • Staples names head of Europe e-commerce

    AMSTERDAM — Staples has named Willem Vos as director of e-commerce for Staples Europe. Vos will report to Peter Howard, SVP, head of Staples online and marketing for Staples Europe.

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