McDonald's CEO Jim Cantalupo told investors during the fast-food giant's annual meeting that the new management team in place has made progress, but they still have "a long way to go." The current strategy calls for modernizing the 13,000 outlets' look, marketing to women and young consumers and beefing up customer-service training.
Professors at Wharton say successful change at Nissan and Danone Group was fueled by company executives taking the importance of corporate identity into account. Change should be structured according to how key stakeholders, which include customers, employees and investors, view the company's identity.
New public service announcements will focus on Hispanics, as that group is more likely to be afflicted by the disease than other segments of the population. The ads will try to get people to take better care of their legs and feet, as 85% of diabetes-related amputations performed nationwide are avoidable.
Duluth, Iowa-based Miners is preparing to bid on 31 Rainbow Foods stores, competing with Roundy's $85 million bid. Miners' interests include 20 stores under the names Super One Foods, U-Save and Piggly Wiggly.