HONG KONG, Feb. 7, 2012 – Walmart announced today that Greg Foran, senior vice president for Walmart International, has been named president and CEO of Walmart China. Foran will relocate to China, pending work visa approval, and assume his new role effective March 1. A thirty-year retail veteran, Foran joined Walmart in October 2011. Prior to that, he grew his career in New Zealand and Australia from a part time job stocking shelves to head of Woolworths’ Supermarket Division. Foran held several senior roles within Woolworths including General Manager of Big W, the company’s discount department store division, and
Kellwood Company, a leading apparel manufacturer and marketer owned by an affiliate of Sun Capital Partners Inc., today announced the appointment of Jill Granoff as CEO. Granoff brings a vast knowledge of the fashion industry and retailing to the position with over 20 years of brand building and executive leadership experience. As CEO, Granoff will be responsible for the overall growth and direction of Kellwood's diversified portfolio of brands, including Vince, Rebecca Taylor, David Meister, BLK DNM, Zobha, Lamb & Flag, Baby Phat, Phat Farm, Sag Harbor, Briggs NY, Jolt, My Michelle, and XOXO.
The merger between two Midwest-based general merchandise retail chains, Shopko and Pamida, is now complete, creating one of the largest U.S. retailers focused on serving smaller, rural communities.
In the ongoing news of worker abuse and suicide at Apple's top eight suppliers in China, with Foxconn Technology Group's factories most prominent in the glaring international spotlight, the Fair Labor Association (FLA) has begun its on-site inspections of conditions at factories at Apple's behest, and the initial reports are better than expected.
SHENZHEN, China – Asia, along with Latin America, will be a key driver of sales and earnings growth in years to come, Walmart executives said at an investors conference here this week. "In a nutshell, what we’ve got to do is continue to drive some growth in the really profitable markets like Mexico and Canada where we have terrific returns, continue to drive growth in a country like the United Kingdom, and then simultaneously lift these other international markets, countries like Brazil, places like China, to a higher level of profitability without slowing down the growth so the portfolio