News

Bangalore, India -- A Wednesday report by Bloomberg said that Wal-Mart Stores, in its joint venture with Indian company Bharti Enterprises, plans to triple its wholesale outlet locations in India this year.

The report comes as Wal-Mart and other foreign retailers have been blocked from opening retail outlets in India, and are permitted only to set up wholesale locations.

DULUTH, Ga. — Delhaize America banners are getting the kiosk treatment.

NCR is adding more than 800 Blockbuster Express kiosks to Delhaize America supermarkets, including Food Lion, Bottom Dollar Food, Harveys and Reid's across 11 states.

Blockbuster Express kiosks will be located either inside or outside the stores and provide easy access to a wide selection of popular movies, starting at a promotional price of $1 per night per rental, NCR said.

Sydney Rosen, former chairman of Rose Art Industries and a toy industry veteran, died on June 2 at the age of 94. 

Rosen's career in the toy industry began when he went to work for his father's company, Rosebud Art, following a medical discharge from the army. Rosen's father Isidor was an artist and lithographer by trade, creating children’s toys and arts and craft sets, games and puzzles, and eventually Sydney and his brother Irving took over the business themselves as Isidor retired.  Ultimately Rosen bought his brother’s share.

SAN FRANCISCO — Gap Inc. announced that Diane von Furstenberg will design a collection for the GapKids and babyGap brands. The collection is expected to be available for purchase to customers in March 2012 through GapKids and babyGap stores in almost 30 countries including United States, Canada, United Kingdom, Italy, France, China, Japan and Australia as well as online in 75 countries.

Hartford, Conn. -- RBS recently completed a $20 million senior credit facility for FM Global Holdings (FM Facility Maintenance). The proceeds will be used to provide working capital for growth and acquisition financing.

Frank Yiannas, VP food safety and health at Walmart, was named vice chair elect of The Global Food Safety Initiative (GFSI), an organization created in 2000 by The Consumer Goods Forum. Yiannas will assume the role of vice chair in February 2012 when current vice chair, Yves Rey, corporate quality general manager, at Danone becomes chairman.

San Mateo, Calif. -- Keynote Systems, which provides Internet and mobile cloud monitoring, announced that BJ’s Wholesale Club is using various Keynote solutions for optimizing the performance of its website.

For the first phase of the project, Keynote ran peak load tests to ensure that all components of BJ’s site were fully prepared to handle expected usage before the site went live.

WASHINGTON — CVS Caremark All Kids Can, a program of the CVS Caremark Charitable Trust and CVS Caremark, and VSA, the international organization on arts and disability, are showcasing their commitment to supporting inclusive arts education with the announcement of the 2011 All Kids Can Create student artists.