Founder of Aldo do­nates $25M for re­tail school at McGill Univer­sity

Cape Breton Post - - Business -

MON­TREAL — The man who founded Aldo has do­nated $25 mil­lion to Mon­treal’s McGill Univer­sity to help his alma mater build a re­tail man­age­ment school.

The mul­ti­mil­lion-dol­lar gift comes from the Ben­sadoun Fam­ily Foun­da­tion through Aldo Group founder Aldo Ben­sadoun.

With the money, McGill Univer­sity plans to es­tab­lish the Ben­sadoun School of Re­tail Man­age­ment for un­der­grad­u­ate to PhD stu­dents. The univer­sity says stu­dents and re­searchers will work to­wards solv­ing prob­lems fac­ing the re­tail in­dus­try, like the ef­fects of ar­ti­fi­cial in­tel­li­gence and other emerg­ing tech­nolo­gies. The school is sched­uled to open in the fall of 2018.

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