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International Business

  • Timberland names head of corporate social responsibility

    STRATHAM, N.H. — The Timberland Company has announced the appointment of Mark Newton as VP corporate social responsibility, effective June 13. In this new role, Mark will lead Timberland's diverse global team responsible for managing the organization's four areas of focus within CSR: environmental stewardship, global human rights, community engagement and transparency and reporting. Mark will report to Carrie Teffner, Timberland's CFO.

  • Target to transfer leasehold interests on select sites in Canada to Wal-Mart

    Minneapolis -- Target on Friday announced that Target Canada has reached an agreement to transfer to Walmart Canada the leasehold interests in up to 39 sites, currently operated by Zellers.

    Specific locations will be identified later this fall. Terms of this transaction were not disclosed.

  • Target stays on message in USA Today

    During a question-and-answer style interview in Monday’s USA Today, Target chairman, president and CEO Gregg Steinhafel shared his thoughts on a wide range of topics including Walmart, inflation, designers and competition.

  • Macy’s online site launches overseas shipping

    New York City -- Macy’s announced the launch of international shipping on its e-commerce site to 91 countries in Africa, Asia, Australia, the Caribbean, Europe, the Middle East, North and South America. The department store retailer is partnering with FiftyOne, a provider of international e-commerce services and infrastructure to U.S. retailers.

  • Target helps Walmart strengthen Canadian hand

    Walmart doesn’t need a lot of help when it comes to growth, which is why last week’s announcement by Target to sell its larger rival 39 sites in Canada was a surprise. Walmart is on track to end this year with 333 stores, and on Friday Target said it had reached an agreement to transfer to Walmart Canada the rights for leasehold interests in up to 39 sites currently operated by Zellers. The sites are among the up to 220 possible sites whose leasehold interests Target is acquiring as part of a real estate transaction announced in January.

  • Massmart pledges to create 15,000 jobs over five years

    New York City -- Massmart, now majority owned by Wal-Mart Stores, said on Sunday it aims to create 15,000 jobs in the next five years. The company also said it plans to expand its procurement of food and consumer goods by an additional $8.74 billion during the same period.

    “Massmart intends to leverage Wal-Mart's global expertise in working directly with local farmers to encourage the cultivation of safe, high-quality fresh produce," Massmart CEO Grant Pattison said in the statement.

  • Macy's now shipping around the world

    NEW YORK — Macy's announced that it will offer international shipping on its e-commerce site, Macys.com, to 91 countries in Africa, Asia, Australia, the Caribbean, Europe, the Middle East, North and South America. 

    FiftyOne, a provider of international e-commerce services and infrastructure to U.S. retailers, has partnered with Macy's to implement the shipping process.

  • Tiffany names new CFO

    New York City -- Tiffany & Co. is replacing its CFO and adding a COO position.

    The company announced Patrick F. McGuiness will replace James Fernandez as CFO.

    Fernandez is taking on the newly created post of COO. The moves are effective immediately.
     

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