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International Business

  • 100th annual NRF Convention Opens in New York City

    The National Retail Federation’s Annual Convention & Expo kicked off  at the Jacob K. Javits Convention Center on Sunday, Jan. 9, with a lineup of power speakers and plenty of buzz. It is the 100th anniversary of  annual event, which attracts retailers from around the world.

    This year, the four-day NRF show featured more than 600 exhibiting companies, new retail technology pavilions, and presentations from a stellar line-up of top-tier retailers. Total attendance was estimated at more than 18,500, with representatives from 70 countries.

  • Christopher & Banks names Barenbaum president and CEO

    Minneapolis -- Christopher & Banks Corp. announced Monday that it has named Larry Barenbaum as president and CEO, effective immediately.

    Barenbaum has served as Interim CEO since October 19, 2010.

  • Five Below to open 50 stores and enter Chicago market in 2011

    Philadelphia -- Teen value retailer Five Below said that the company is launching a major expansion into Chicago, with the signing of 12 store leases.

    The new stores, which are planned to open in the spring, are the first of up to 20 new stores that will open in the Chicago market this year, according to the company.

    Over the next three to five years, Five Below anticipates expanding its foothold in Chicagoland and increasing the number of stores in the region to as many as 60 locations.

  • Innova Sport selects Watt for retail consulting and creative services

    Toronto -- Watt International has been selected by Innova Sport, Mexico’s largest sporting goods chain, to support the retailer’s business with retail consulting and creative services. 

  • Wingstop to expand in Mexico

    Richardson, Texas -- Wingstop announced it will add another 20 stores in Mexico over the next three years thanks to an extended development agreement with current international franchisee WIS de Mexico S.A. de C.V.

    Wingstop has more than 475 restaurants open across the United States and Mexico.

    “We are thrilled with our success in Mexico over this past year,” said David Vernon, VP franchise sales for Wingstop.

  • Starbucks debuts new logo

    New York City -- Starbucks unveiled a new logo Wednesday, dropping the circle with the words “Starbucks” and “Coffee” that surround its signature mermaid.

    Starbucks, celebrating its 40th anniversary this year, said the changes represent a fresh look for the company as it begins the next chapter in its history and emphasizes selling Starbucks-brand products in supermarkets and other channels beyond its retail stores.

  • Sears names president of Retail Services unit

    Hoffman Estates, Ill. -- Sears Holdings announced that Deidra Cheeks Merriwether has been promoted to senior VP and president of its Retail Services business unit, succeeding James H. Haworth who will be leaving the company to pursue other opportunities. Merriwether will be responsible for the oversight and leadership of retail services for all Kmart and Sears stores.

  • Mattel plays with idea of new COO position

    EL SEGUNDO, Calif. - Mattel announced that it has appointed Bryan Stockton, Mattel’s president of international, to the new position of chief operating officer, effective immediately. Stockton will report to Robert Eckert, chairman and chief executive officer of Mattel, as will Mattel’s finance, legal and human resources functions.

    The company also announced that Neil Friedman, president of Mattel brands, will be leaving the company in March 2011.

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