China Consumer « Week In China

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China Consumer

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Are unmanned retail outlets the shops of the future?
Jun 23, 2017 (WiC 371)

Last week Amazon announced a $13.7 billion plan to purchase grocery store chain Whole Foods, sparking speculation that the e-commerce giant was adding a new testing ground for its “Just Walk Out” technology, which it debuted in its staffless ...

The mini-lobster is a huge business in China
Jun 23, 2017 (WiC 371)

Last week a truck that was carrying 200 boxes of crayfish – about 5 tonnes of the crustacean – skidded while on a highway in Jingzhou, Hubei province, and toppled over. The driver was unhurt by the accident, though the same couldn’t be said ...

China’s oldest winery buys more vines overseas
Jun 16, 2017 (WiC 370)

In 1892 Zhang Bishi planted a vineyard in the coastal town of Yantai, Shandong province, merging his last name and the Chinese character for “prosperity” to name his new company Changyu (the character for his name and ‘Chang’ are the same ...

How a Bengbu factory produced half a million knock-off Nike sneakers
Jun 9, 2017 (WiC 369)

For some people in China, uncovering counterfeits is a career. Ji Wanchang, a Beijinger, told the New York Times that his job is to travel around town looking for fake or sub-standard goods. Then, using China’s consumer protection laws, he ...

Why McDonald’s is hiring 70,000 waiting staff
May 26, 2017 (WiC 367)

In the film The Founder, Michael Keaton plays the character of Ray Kroc, the business tycoon who liked to style himself as the founder of McDonald’s. Kroc took over the business in 1961 from the McDonald brothers (who built the first ...

How to entice consumers in rural China?
May 19, 2017 (WiC 366)

Many mall operators attract shoppers by placing large retailers as anchor tenants on the ground floor. Wanda Group has a different strategy in Bengbu, a third-tier city in Anhui province, shunning big brands like Levi’s and H&M in favour of ...

Legend exits baijiu business
May 5, 2017 (WiC 364)

I think if we drink enough Moutai we can solve anything,” Henry Kissinger remarked to Deng Xiaoping in 1974. Moutai is a version of baijiu, the white spirit classed as China’s national drink. Baijiu’s fermentation ...

How the fortunes of China’s biggest ladies shoemaker have dipped
May 5, 2017 (WiC 364)

The way Wang Lin puts it, the investment philosophy of CDH goes beyond just giving the companies capital. In an interview with Chinese Venture, the partner at the Chinese private equity titan says: “We did not invest only money in the ...

Acquisition-hungry L’Oreal looks to have stumbled with China deal
Apr 28, 2017 (WiC 363)

“Because you’re worth it” is a slogan used in L’Oreal advertising campaigns since the 1970s. But the French giant may rue the phrase as far as its purchase of a Chinese facemask manufacturer is concerned. The world’s largest beauty ...

Coca-Cola opens its largest production site in central China
Apr 21, 2017 (WiC 362)

In 2004 Coca-Cola endured a PR disaster in the UK amid a £7 million ($8.9 million) marketing push for its Dasani water brand. The bottled water was simply refiltered tap water from Kent but marked-up more than 3,000 times in price, said The ...

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