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Trading Partners

  • Johnny Rockets sets course for Poland

    Aliso Viejo, Calif. - Johnny Rockets is expanding into Poland, with its first Polish location expected in Warsaw in early 2016. The casual dining chain has reached a development agreement with HDS Polska Group to build and operate 10 Johnny Rockets restaurants during the next 10 years.
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    HDS Polska Group is a subsidiary of publicly-traded company Lagardere Services that operates a network of more than 800 outlets in the Polish market including convenience stores, coffee shops and full service restaurants.

  • Campbell Soup, Pick n Pay execs named to Consumer Goods Forum board

    The Consumer Goods Forum has elected two new board members with broad packaged goods and retail experience.

    Denise Morrison, president and CEO of Campbell Soup Company, and Gareth Ackerman, chairman of Pick n Pay, are joining the board. Morrison will chair the Manufacturer College of the board while Ackerman will chair the Retailer College. The pair will lead the CGF Board for two years, and replace outgoing co-chairs Dick Boer of Royal Ahold and Paul Bulcke of Nestlé. 

  • Making sense of Walmart’s new supplier agreement

    Walmart’s interpretation of EDLP and a desire to simplify operations with a uniform supplier agreement sparked confusion this week among those unfamiliar with the company’s business model.

  • NRF calls passage of TPA a ‘landmark step’

    Washington, D.C. -- The National Retail Federation praised the Senate’s passage on Wednesday of Trade Promotion Authority

  • True Value adds partner in Puerto Rico

    Chicago - True Value Co. has added National Lumber and Hardware, a 50-plus-store chain in Puerto Rico, as the newest purchasing partner of the cooperative. The growth of True Value’s international presence is a key initiative as the company focuses on its long-term strategic plan.

    “We’re excited to enter into this new relationship with National as this marks an important expansion of the Puerto Rican market for True Value,” said Lars Hybel, VP of International, True Value Co.
     

  • True Value growing in the Caribbean

    True Value Company is expanding its presence in Puerto Rico, part of a long-term strategy to boost its global presence.

  • Marketing executive joins Nordstrom board

    Seattle - Nordstrom Inc. has appointed Tanya Domier, CEO of Advantage Sales & Marketing LLC (ASM) to the company's board of directors. Her addition brings the total number of directors to 14 and the number of independent directors to 11.

  • Li & Fung partners with China department store chains

    Hong Kong – A subsidiary of global export company Li & Fung is partnering with two Chinese department store retailers to open as many as 300 stores in the Shanghai free trade zone. Li & Fung Trading (China) Holdings Ltd. is forming a joint venture with Shanghai Bailian Group Co. Ltd. and Beijing Wangfujing Department Store (Group) Co. Ltd. Li & Fung holds a 20% stake and each department store chain owns a 40% stake.

  • Darden plans to place 430 stores in REIT

    Orlando, Fla. - Darden Restaurants Inc. plans to separate a portion of its real estate assets through a combination of sale leaseback transactions and a new, publicly traded real estate investment trust ("REIT"). Under the plan, Darden will transfer approximately 430 of its corporate stores to the REIT, with substantially all of the REIT's initial assets being leased back to Darden.  

  • Report: Alibaba to boost investment in Russia

    Hangzhou, China – Alibaba Holding Group Inc. is reportedly planning to boost its investment in Russia. According to the China Want Times, Alibaba chairman Jack Ma said expanded e-commerce operations in Russia would be part of a broader effort called “One Belt One Road” that would electronically connect China with countries in Eastern Europe for trading.

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