Category Archives: retail

China: going fully cashless – Ben Cavender

China might have invented the paper money, it is most likely also the first one to go fully cashless, says retail analyst Ben Cavender to Motherboard. “People basically run their lives through smartphones in China.”

Warren Buffett sells better than sport heroes – Shaun Rein

Superinvestor Warren Buffett made a surprise appearance on CoCa-Cola’s Cherry Coke’s can during their China launch. A good move, says business analyst Shaun Rein to AP. Business leaders like him are more popular than sport starts.

China consumer: pickier than ever – Ben Cavender

Pleasing the China consumer has always been a challenge, but – as Tsingtao and Wanda discovered – consumers have become harder to get. Retail expert Ben Cavender nevertheless sees a lot of room for growth, he tells Reuters.

Convenience stores keep on growing – Ben Cavender

Department stores in China are losing their shine, but convenience stores keep on doing well. Convenience stores offer consumers better what they need compared to department stores, says retail analyst Ben Cavender to the China Daily.

Three China consumer predictions for 2017 – Jeffrey Towson

Chinese consumers are becoming a force to be reckoned with. Often erratic, but massive because of their size, says business professor Jeffrey Towson on this first #ChinaConsumer vlog. Three predictions on where to watch this force of the future on hyperadoption and mobile.

Mixing online and offline retail does not work yet – Ben Cavender

Alibaba teamed up with brick-and-mortar retailer Bailian, in the latest effort to combine the best of two worlds. But while the idea seems to make sense, the results up to now have been meager, tells retail analyst Ben Cavender to Reuters.

Alibaba moves more into brick-and-mortar – Ben Cavender

Internet giant Alibaba paid US$2.6 billion for the retailer Intimate group, another sign Alibaba wants to leverage its online presence to brick-and-mortar retail operations, says retail analyst Ben Cavender to Reuters. Earlier it bought also leading retailer Suning.

Victoria Secret can get it right in China – Ben Cavender

Victoria Secret took on China online, but has now decided to open its first offline retail flagship store in Shanghai. They move very cautiously, says retail expert Ben Cavender in AdAge, and they have a fair chance of getting it right in one of the most difficult retail markets in the world.

How M&S got it wrong in China – Paul French

Fashion retailer M&S got it all wrong in China as they focused on non-exciting customers, says retail analyst Paul French to Bloomberg. M&S decided to close down some of its China operation to cut their losses, after a very ambitious start in 2008 in Shanghai.

How Shopal gets retailers digital – William Bao Bean

Interacting on social media is not enough for retailers to get customers. Last year the ChinaAccelerator supported Shopal, a digital tool helping retails to trace and follow customers beyond social media contacts. Managing director William Bao Bean of the ChinaAccelerator explains why Shopal works. A shift from brands to retailers.