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International Business

  • DSW announces two stores in Manhattan

    New York -- DSW Inc. has opened on 34th Street in Manhattan, in the heart of New York's fashion district. The retailer also announced plans to open a store on the Upper West Side in early summer 2012.

    At over 33,000 sq. ft., the 34th Street location is the one of the largest in the DSW chain. It has three floors of selling space. The DSW store at 79th and Broadway will also be very large, measuring over 32,000 sq. ft.
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  • Delhaize profit falls 48%; to close 146 stores

    New York -- Belgian supermarket operator Delhaize Group said that its fourth quarter net profit dropped 48%, hurt by impairments resulting from its restructuring. It also announced that Mats Jansson will be the new chairman of the board, and that Pierre Bouchut will succeed Stefan Descheemaeker as CFO, effective March 19.

    The company, whose U.S. holdings include the Food Lion, Hannaford Bros. and Sweetbay banners, said it will accelerate the revamp of its stores in the United States and Belgium to increase its competitiveness.

  • Sara Lee names supply chain head for coffee and tea business

    UTRECHT, Netherlands — Sara Lee Corp. has appointed Luc Volatier as SVP supply chain and operations of its international coffee and tea business effective April 1.  Volatier, 44, will be in charge of all procurement, supply chain and manufacturing operations. He will continue to serve in the same role once the international coffee and tea business is spun-off from Sara Lee Corp. in the first half of 2012.

  • Williams-Sonoma Q4 profit up 8%; announces resignation of COO/CFO

    San Francisco -- Williams-Sonoma Inc.’s fiscal fourth-quarter net income rose 8%, boosted by strong performances from its Pottery Barn and West Elm brands. The company also announced that COO and CFO Sharon McCollam, 48, has retired.

    Although the home-furnishings retailer’s results beat Wall Street estimates, it offered fiscal 2012 earnings guidance that was slightly below what analysts expect. Its revenue forecast for the year was above analysts' estimates.

  • Starbucks to open 4,500-sq.-ft. 'concept' store in Amsterdam

    Seattle -- Starbucks will open its largest location in Europe, in the center of Amsterdam, on March 9. The 4,500-sq.-ft. store is located in the vault of the historic Amsterdamsche Bank, a landmark building on Amsterdam’s famous Rembrandt Square.

  • It’s all relative on the global stage

    Walmart president and CEO Mike Duke frequently asserts no other global retailer is better positioned than Walmart, and it is easy to see why he holds that view especially when compared with the situation at the world’s second largest retailer.

  • Report: Maurices opening 60 stores in 2012

    New York -- Women’s apparel retailer Maurices plans to open approximately 60 stores this year, according to the Duluth News Tribune. The total includes the chain’s first international location, in Canada.

    Maurices currently has 803 stores in 44 states, with the count up 32 stores since June.
     

  • Lego to open in Atlanta

    New York -- The Denmark-based Lego group will open a Lego store in Atlanta on March 16.

    The new store will be located in the Discover Mills outlet center. The space will feature such elements as a “Pick-A-Brick-Wall,” allowing shoppers to select and purchase specific individual Lego bricks in a variety of colors and shapes.
     

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