International News

Isaac Larian, CEO of MGA Entertainment, Inc. (MGAE), one of the world's leading privately held toy and entertainment companies and creator of family favorite brands including Little Tikes® and L.O.L. Surprise!™, put in a formal bid of US $675...

The Kroger Co. has announced that its family of stores is hiring to fill an estimated 11,000 positions in its supermarket divisions, including nearly 2,000 management positions.The Kroger family of stores created 10,000 new jobs in 2017 and 12,000...

Walmart and Postmates have announced an agreement to help expand the retailer’s popular online grocery delivery option to more than 40 percent of U.S. households. Postmates will help power the Walmart’s online grocery deliveries, beginning Tuesday in Charlotte, NC...

Nine West Holdings, a leading footwear, accessories, women's apparel, and jeanswear company with a portfolio of brands that includes Nine West, Anne Klein, and Gloria Vanderbilt, has announced that it has filed voluntary petitions for reorganization under Chapter 11...

Tapestry, Inc., a leading New York-based house of modern luxury accessories and lifestyle brands, has announced the appointment of Anna Bakst as Chief Executive Officer and Brand President of Kate Spade.She is expected to join the company on March...

Chinese e-commerce giant Alibaba created over 36.8 million jobs in 2017 via its expansive retail ecosystem, a report showed.The company's various e-commerce platforms like Tmall and Taobao, which cover over 500 million consumers, offered about 14.05 million jobs to...

Macy’s, Inc has announced that Karen Hoguet, Chief Financial Officer since 1997, has decided to retire in February 2019, at the completion of the company’s fiscal year. An external search is underway for Hoguet’s replacement and the company anticipates...

Impossible Foods announced the successful closing of about US $114 million in convertible note financing.The food technology startup has raised approximately US $214 million in the past 18 months for a total venture funding of about US $396 million...

Mothercare has announced the appointment of David Wood as CEO with immediate effect. David's appointment ensures that Mothercare has in place fresh leadership to complete its transformation plan and return to growth. Mark Newton-Jones has stepped down as CEO.David...

Alibaba Group Holding Limited has announced that the company will acquire all outstanding shares that it does not already own in Ele.me, a leading online delivery and local services platform in China, in a transaction that implies the enterprise...

Athletic retailer The Finish Line, Inc. has announced that it has entered into a merger agreement providing for JD Sports Fashion Plc to acquire 100 percent of the issued and outstanding Finish Line shares at a price of US...

Marks & Spencer has unveiled a new clothing and home leadership team that will be responsible for overhauling the retailer’s non-food division as part of its transformation plan.Marks & Spencer said that the menswear & kidswear director, Michael Kerr,...

Walmart’s Jet.com division on Monday named Tesco veteran Simon Belsham as its new President, reporting to CEO Marc Lore.“With Jet grocery being an integral part of the strategy, Simon brings incredible experience in scaling grocery delivery and his unique...

Former Spice Girl Victoria Beckham, who made a transition to the fashion world as a designer, has now set sight on the beauty industry as she will be creating her own skincare line.Beckham made the announcement via social media,...