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International Business

  • Wal-Mart: Senior China exec has departed company

    Bentonville, Ark. -- Wal-Mart Stores disclosed in an email Friday that its China senior VP operations has left the company.

    According to a Friday report by Bloomberg, Shawn Gray has left the company, but no reason for the departure has yet been given.
     

  • Former Home Depot exec joins lighting company

    TCP, the Aurora, Ohio-based manufacturer of energy efficient lighting products, has announced that industry veteran Jorge Fernandez will be joining the company in the position of SVP business development. Fernandez comes to TCP from Home Depot, where he led the company’s energy efficient lighting category.

  • QKL Stores COO resigns

    Daqing, China -- China supermarket chain QKL Stores announced Friday that its COO Alan Stewart has resigned, effective immediately.

    The retailer said Stewart has left to pursue other opportunities. He will continue to serve as a consultant to the chain.

    The Assistant COO, Xishuang Fan, has been promoted to COO.
     

  • Au Bon Pain, Boston

    Au Bon Pain is updating its brand experience with a new customer-centric design that gives the store a more distinct personality. It also makes the space easier to navigate, with the layout redesigned to speed service.

    “We’re taking the customer experience to the next level,” said Sue Morelli, CEO for Au Bon Pain, which operates 318 locations in the United States and internationally. “The response we’ve been getting to our new prototype has validated our decision to accelerate our growth, including going to new markets nationally.”

  • Survey: Formal succession planning on the decline in the U.S.

    Alexandria, Va. -- A poll from the Society of Human Resource Management, released Thursday, showed that the number of U.S. organizations with a formal succession plan in place decreased during the past five years from 29% in 2006 to 23% in 2011.

    While less than a quarter of businesses have a formal plan in place, the numbers improve when informal plans are considered. More than one-third, or 38%, of human resources professionals said their organization currently has an informal succession plan or process in place (up from 29% in 2006).

  • Cheesewright to educate investors in Canada

    Walmart Canada president and CEO David Cheesewright is scheduled to speak next week at the Jefferies 2011 Global Consumer Conference near Boston. Walmart doesn’t typically push country presidents on stage at investor conferences except at its own analysts’ meetings when it has hosted events overseas in such places as China earlier this year or prior years in Brazil and the United Kingdom. However there are some interesting things going on in Canada these days, and the Jefferies event is an opportunity for Walmart to showcase some of its management talent.

  • Report: Wal-Mart cutting costs through innovative supply chain

    Bentonville, Ark. -- A report Thursday by Bloomberg said that Wal-Mart Stores is battling rising commodity prices by working with its suppliers to avoid price increases, among other strategies.

    “We find creative ways to work around it,” Doug McMillon, president and CEO of Wal-Mart International, told Bloomberg. “First we try to keep our costs as low as we can, secondly work with our supply chain as best we can.”

  • Search is on for new Collective Brands CEO

    TOPEKA, Kan. — Matthew Rubel is stepping down as CEO of Collective Brands, the company announced Thursday. Rubel will also give up his role as chairman of the board and as a director for the company. Michael Massey has been named the interim CEO and Scott Olivet has been named the company's non-executive chairman.

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