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International Business

  • Safeway names new board member

    Pleasanton, Calif. -- Safeway has announced the appointment of T. Gary Rogers to the company's board of directors. The company's board of directors will expand from nine to 10 members with this new appointment.

    "Gary's vast experience as a supplier to the grocery industry, his business acumen and experience as a director will be great assets to the board," said Safeway chairman, resident and CEO, Steve Burd. "We are pleased he is joining our board."

  • Destination Maternity opens 10th store in the Middle East

    Philadelphia -- Destination Maternity Corp. said Wednesday that it has opened a 10th Destination Maternity store in the Middle East, this one located in Discovery Center, in Kuwait.

  • Kraft's CFO exits; EVP operations to take helm

    NORTHFIELD, Ill. — Kraft Foods on Monday announced that its EVP and CFO, Timothy McLevish, will leave the company in mid-2011.

    McLevish, who served as EVP and CFO for Kraft since 2007, will shift his CFO responsibilities to EVP operations David Brearton. Prior to his exit, McLevish will report the company's first-quarter financial results.

  • NBCUniversal Consumer Products group names legal affairs VP

    UNIVERSAL CITY, Calif. -- The NBCUniversal Television, DVD, Music and Consumer Products Group announced that Ed Prince has been promoted to VP business and legal affairs. In addition, Christopher Lucero and Drew Rowley have joined the department as directors of global licensing. The announcement was made by Kim Niemi, SVPt.

  • CVS Caremark's charitable arm donates funds to support relief efforts in Japan

    WOONSOCKET, R.I. — The CVS Caremark Charitable Trust has announced the donation of $100,000 to the American Red Cross in support of relief efforts under way in Japan following last week's tragic earthquake and tsunami, with a potential total donation of up to $300,000 through the matching of CVS Caremark employee donations.

  • Two die at Costco warehouse in Japan

    Tamasakai, Japan -- Costco Wholesale said Tuesday that two people died when a parking garage collapsed at its warehouse in Tamasakai during the earthquake, according to a report by the Seattle Times.
     
    The store sustained significant damage and will remain closed for several months for inspections and repairs, said Costco.

  • Whirlpool earns Energy Star accolades

    BENTON HARBOR, Mich. -- Whirlpool announced that it was awarded  the 2011 Energy Star Sustained Excellence award by the U.S. Environmental Protection Agency (EPA). The award recognizes the company's leadership in offering consumers energy and water efficiency through its leading home appliance brands, Whirlpool reported. According to the company, Whirlpool was the only appliance manufacturer to receive the Sustained Excellence award, the highest possible Energy Star award. This is the company's 12th top Energy Star award and sixth consecutive Sustained Excellence win.

  • Hasbro in deal to develop Transformers online game

    PAWTUCKET, R.I. -- Hasbro announced that it has signed a strategic development agreement with Jagex Limited to jointly create a new online game based on the Transformers brand. Under the agreement, the two companies are slated to launch the Transformers online game in 2012 in North America, Latin America, Europe, New Zealand and Australia.

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