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International Business

  • Gap debuts first Banana Republic flagship in France

    Paris -- Gap Inc. announced Thursday the opening of its first Banana Republic store in France, located in Paris on Avenue des Champs Élysées.

    The 15,952-sq.-ft. space will house the brand’s women’s and men’s collections. “We are thrilled to open our first Banana Republic store in France -- a brand-building flagship in Paris -- and reach yet another important milestone for our international growth strategy,” said Stephen Sunnucks, president, International, Gap Inc.

  • NYSW Beverage Brands names new president

    NEW YORK — NYSW Beverage Brands has named Amir J. Daibes, P.E., the new president and part owner of the company. Daibes joined the New York-based bottled water company after more than 30 years in the engineering, manufacturing and construction industry.

    “This is an exciting, young company positioned for growth with great products and tremendous potential in the marketplace,” Daibes said.  “I am honored to be part of the team, and look forward to building its brands and footprint.

  • National Lumber & Hardware to roll out Cardtronics ATMs

    Houston -- ATM owner Cardtronics said Thursday it has forged a long-term agreement in Puerto Rico with National Lumber & Hardware to install ATMs at 38 locations for the home improvement and interior design retailer.

    National Lumber & Hardware is a division of Pitusa, the island’s largest Puerto Rico-based retailer.

  • Staples names SVP general counsel

    FRAMINGHAM, Mass. — Staples has named Cynthia Pevehouse SVP general counsel, effective Jan. 3, 2012. Pevehouse will have global management responsibility for the company’s legal team and report to Ron Sargent, Staples’ chairman and chief executive officer.

    “Cynthia brings a wealth of knowledge and skills to Staples,” said Sargent. “With her extensive legal management experience and proven leadership, Cynthia will play an important part in supporting the company’s growth.”

  • Conference Board’s Employment Trends Index up in November

    New York City -- The Conference Board Employment Trends Index increased in November to 103.7, up from the revised figure of 102.42 in October. The November figure is up 6.4% from the same month a year ago.

  • Ikea extends solar commitment with plans to install solar on all ten southern U.S. stores

    Conshohocken, Pa. -- Ikea announced plans to install solar energy panels on 10 additional United States locations, its entire presence in the Southern United States.

    Pending governmental permits, installation will begin this winter, with completion expected in summer 2012.

    Collectively, the nine stores and one distribution center will total 10.7 Megawatts (MW) of solar generating capacity, nearly 45,360 panels, and a projected annual electricity output of 15,248,334 kilowatt hours (kWh).

  • Staples makes exec appointment

    Framingham, Mass. -- Staples announced the appointment of Cynthia Pevehouse to senior VP general counsel, effective Jan. 3, 2012. She will have global management responsibility for the company’s legal team and report to Ron Sargent, Staples’ chairman and chief executive.

    Pevehouse joins Staples from international law firm Steptoe & Johnson LLP.
     

  • Starbucks to create 5,000 U.K. jobs in next five years

    Seattle -- Starbucks Coffee U.K. plans to create thousands of new jobs in the United Kingdom as it steps up its drive-thru program following three years of development and strong customer response to the convenience of Starbucks coffee on-the-go.

    The move will see 200 new drive-thru stores opened over the next five years. Combined with openings of conventional stores over the same period, the company expects to create 5,000 new jobs.

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