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International Business

  • Canada’s Joe Fresh makes U.S. debut

    Toronto -- Joe Fresh, the Canadian value-priced apparel brand, has opened its first permanent U.S. store, in Bridgewater Mall, Bridgewater, N.J., and another in Roosevelt Field Mall, Garden City, N.Y. The company will make its New York City debut, in Manhattan’s Flat Iron District, on Nov.3. A second store will open in spring, on Fifth Ave.

    In addition, the retailer is opening two Joe Fresh Holiday Fashion pop-up stores in Manhattan. (This past summer, the brand operated a summer pop-up in East Hampton, N.Y.)

  • L.K. Bennett opens in New Jersey

    New York City -- British fashion retailer L.K.Bennett, opened its third U.S. boutique, at The Shops at Riverside in Hackensack, N. J.

    “We have over 100 stores in the UK. now — and in the long term weʼd like to have the same number of stores in the U.S.,” said Robert Bensoussan, CEO London.

  • Former personal care company exec joins OfficeMax board

    NAPERVILLE, Ill. — OfficeMax announced that V. James Marino has been elected to serve on the company's board of directors.

    "We are delighted to welcome Jim to the board of OfficeMax," said Rakesh Gangwal, chairman of OfficeMax.  "He brings significant expertise, insight and years of experience as a successful business leader, and we will benefit from having his perspective on the board."

  • What went wrong in China?

    No one said being an international retailer was easy, a lesson Walmart continues to learn the hard way on distant shores. This time the country in question is China, a market where despite having a long history and extensive operations, the company managed to run afoul of local officials who temporarily closed 13 stores because, according to media, reports, some pork products were incorrectly labeled as organic. Walmart has been in China for about 15 years and currently operates 349 stores, consisting of 245 Walmart stores and 104 units that are still branded as Trust-Mart.

  • Charming Shoppes launches new global site

    BENSALEM, Pa. — Charming Shoppes announced that it has launched Sonsi.com to give customers around the world online access to fashion brands Lane Bryant, Cacique, Catherines, Fashion Bug and Loop 18, as well as more than 300 brands.

  • X Team names new president, board members

    San Francisco -- X Team International, an international alliance of retail real estate advisors, announced the election of John Cumbelich as its new president and Clay Mote and David Larson as new board members.

    Exiting president is Nelson Wheeler of Strategic Retail Advisors-California.

  • Former GameStop chief drops 'interim' from CEO title at Hancock Fabrics

    BALDWYN, Miss. — Hancock Fabrics hass announced that its board of directors has appointed Steven Morgan, the current interim president and CEO and member of the company’s board of directors, to serve as president and CEO, effective immediately. Morgan will continue to serve as a member of the Company’s board of directors.

  • Wal-Mart China CEO stepping down

    New York City -- Wal-Mart Stores announced Monday that the president of its China unit is stepping down. A company spokesman said the resignation was unrelated to a Chinese government food safety case against several Wal-Mart stores.

    Ed Chan, CEO of Wal-Mart China, left for personal reasons, the company said. Scott Price, president of Walmart Asia, will fill the position in the interim.

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