International Business

ST. LOUIS — The boards of directors for Ralcorp Holdings' Ralcorp and Post divisions were unveiled Friday by the company.

As previously reported, Ralcorp said its Post cereal business will be spun off to become its own entity.

By Stephen Wyss, BDO USA, LLP

New York City -- Retalix Ltd. announced that Target Corp. has selected the Retalix 10 Store Suite as its next-generation store platform for Target's new retail operations in Canada. Retalix 10 is designed as an integrated platform that unifies and streamlines deployment and management of in-store systems to ensure a consistent and personalized shopping experience.

Washington, D.C. -- The National Retail Federation announced that Whole Foods Market is the recipient of its prestigious annual Innovator of the Year award.

Walter Robb, co-CEO, will accept the award on behalf of co-CEO and founder John Mackey during the Annual Retail Industry Luncheon at NRF’s 101st Annual Convention and Expo on Jan. 17.

Framingham, Mass. -- Staples said Thursday it has appointed Kirk Saville as VP global communications, charged with overseeing Staples’ internal and corporate communications, marketing, public relations, community relations and corporate events.

Saville, who joins Staples from The Hershey Co. where he was VP corporate communications, will report to Steve Fund, Staples senior VP global marketing.
 

Tokyo -- Fast Retailing Co., operator of the Uniqlo apparel chain, reported Thursday a net profit of $405.3 million for the first quarter, a 37% rise that the company said was due in large part to a change in accounting methods. Operating profit dipped 2.8%.

Sales gained 8.6% overall for the quarter, but the company has trimmed its full-year outlook as sales in its home market remained sluggish.

BRUSSELS — Belgian supermarket operator Delhaize Group, which operates the Food Lion, Bottom Dollar Food, Harveys, Hannaford Supermarkets, Reid's and Sweetbay regional banners in the United States, said Thursday it will close 113 Food Lion stores and eliminate the Bloom banner as part of a reorganization. The Fool Lion stores slated for closure are primarily in markets in which the company has the least store density.

Brussels -- Belgian supermarket operator Delhaize Group, which operates the Food Lion, Bottom Dollar Food, Harveys, Hannaford Supermarkets, Reid's and Sweetbay regional banners in the United States, said Thursday it will close 113 Food Lion stores and eliminate the Bloom banner as part of a reorganization. The Fool Lion stores slated for closure are primarily in markets in which the company has the least store density.