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Canadian Tire opens second digital innovation lab; plans new store
Toronto - Canadian Tire Corp. is opening its new “'Digital Garage” in Kitchener-Waterloo, Ontario, in Canada's “Silicon Valley North.” The new facility is the second digital innovation lab for Canadian Tire, situated near its Communitech lab, and will allow the company's top digital innovators to develop new in-store and online technologies at a faster pace.
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McDonald’s reveals initial steps, leadership team for turnaround plan
Oak Brook, Ill. – McDonald’s Corp., which recently reported a 33% year-over-year decline in profits for the first quarter of fiscal 2015, is revealing the first steps of its turnaround plan. Beginning July 1, 2015, McDonald's will operate under a new organizational structure with the following market segments:
• U.S.: The company's largest segment, accounting for more than 40% of the Company's 2014 operating income;
