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International Business

  • Ahold looks to bring in local/diverse suppliers for its stores

    CARLISLE, Pa . — The U.S. subsidiary of Dutch supermarket operator Royal Ahold is hoping to attract local and diverse suppliers to its stores in the markets in which it operates.

  • Francesca’s prices IPO

    New York — Francesca's Holdings Corp. will price its initial public offering of 10 million shares between $14 and $16 a share, the Houston Business Journal reported. 

    The women’s specialty apparel retailer will trade on the Nasdaq Stock Exchange, under the ticker symbol FRAN, the report said.

    In March 2011, private equity firm CCMP Capital acquired a controlling interest in Francesca’s, which operates 160 stores. 

  • Walmart China imports new leadership

    Keeping tabs on key personnel moves at Walmart’s home office in Bentonville is hard enough, but the situation is even more challenging in overseas markets due to an uneven and selective disclosure strategy.

  • South African suppliers gain new ally

    Small suppliers looking to establish business relationships with Massmart following Walmart’s acquisition of a controlling stake in the company would be well served to learn the correct pronunciation of Mncane Mthunzi.

    Mthunzi will fill a new supplier development role at Massmart and comes to the retailer from an organization known as the Consumer Goods Council of South Africa where he served as CEO and Massmart CEO Grant Pattison serves as chairman.

  • Whirlpool named to Made in the USA Foundation's Hall of Fame

    BENTON HARBOR, Mich. — Whirlpool Corp. announced that it was inducted into the Made in the USA Foundation's Hall of Fame at an awards dinner on July 2 in Santa Monica, Calif. Whirlpool was the winner of the Large Kitchen Appliances Category.

  • Wal-Mart replaces departed China COO, CFO

    Shanghai — Wal-Mart Stores Inc. announced it has appointed its current Canada finance chief Sean Clarke as COO over the company’s China operations, after former CFO Roland Lawrence and COO Rob Cissell left the company in May.

    According to a report by Bloomberg, Clarke will be joined by Steve Smith, named chief marketing officer in China. Smith was senior VP at Delhaize Group. 

  • Whirlpool named to Made in the USA Foundation's Hall of Fame

    BENTON HARBOR, Mich. — Whirlpool Corp. announced that it was inducted into the Made in the USA Foundation's Hall of Fame at an awards dinner on July 2 in Santa Monica, Calif.  Whirlpool was the winner of the Large Kitchen Appliances Category.

  • Levi's names SVP of wholesale for the Americas

    SAN FRANCISCO — Levi's announced that it has appointed Paul Zadoff as its new SVP wholesale commercial operations for the Americas. In this role, Zadoff will be responsible for developing and implementing effective strategies to drive long-term sustainable revenue growth, as well as ensuring the integration of a consistent consumer experience across the brand's wholesale commercial operation channels in the Americas.

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