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Strategy

  • McDonald’s plans Vietnam expansion

    Oak Brook, Ill. – McDonald’s has signed a contract with Vietnamese businessman Henry Nguyen to serve as a developmental licensee for the company in Vietnam.

    Nguyen, founder of Good Day Hospitality and managing partner of IDG Ventures Vietnam as well as a former part-time McDonald’s store employee in the U.S., is expected to open Vietnam’s first McDonald’s restaurant in Ho Chi Min City in early 2014.

  • Men’s Wearhouse study: The suit makes the man

    Fremont, Calif. – A suit can help a man feel more attractive, confident, and successful in professional situations as well social ones. According to the findings of a new national survey of more than 1,000 adult males from Men’s Wearhouse and Kelton Research, a suit also has a positive impact on how a man is viewed by others.

    Following are highlights from the study results.

  • Cargill unveils supply chain solution

    CHICAGO — Cargill, an international producer and marketer of food, agricultural, financial and industrial products and services, has unveiled an assessment tool that identifies, prioritizes and quantifies risks and opportunities in its supply chains so improvements can be made to them.

  • Bridgestone Retail Operations names president

    Nashville, Tenn. -- Bridgestone Americas Tire Operations said that Stuart Crum has been named president, Bridgestone Retail Operations, effective Aug. 5.
     
    Crum most recently served as president of Jiffy Lube International, a subsidiary of Shell Oil Co.

     

  • Newell Rubbermaid completes sale of Teach platform

    ATLANTA — Newell Rubbermaid has announced the sale of its Teach platform, including the Mimio and Headsprout interactive teaching technology brands, to Skyview Capital, LLC, a Beverly Hills, Calif., private equity firm.

    Terms were not disclosed. The transaction has closed with the signing of the agreement.

  • Zimmer absent from latest Mens Wearhouse ad

    Houston -- Mens Wearhouse estranged founder George Zimmer is noticeably absent from the chain’s latest commercial, which launched in print and broadcast on July 8.

    According to a Reuters report, the new ad focuses on the company's National Suit Drive, an annual charity event that donated suits to unemployed men who are looking to get back in the workforce. Zimmer and his signature phrase — "You're going to like the way you look. I guarantee it," — are nowhere to be found.

  • More Canadian consolidation: Loblaw buys SDM

    TORONTO — Loblaw has entered into a definitive agreement with Shoppers Drug Mart under which Loblaw will acquire Shoppers Drug Mart for C$12.4 billion in cash and stock.
     

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