A large number of retailers and restaurants from 7-Eleven to Starbucks to McDonald´s have cut ties with their meat supplier in Shanghai, as authorities forced to close its operation. Retail analyst Ben Cavender explains in the WSJ what it takes to keep supply chains clean.
Category Archives: KFC
An all-American meat scandal has hit Shanghai, as McDonald´s and Yum´s KFC banned their Chicago-owned supplier after authorities found out it used out-dated meat. Retail analyst Ben Cavender expects a long-term damage to both restaurant chains, he tells in the China Daily.
Ten years ago McDonald’s was a winner in China, but with KFC the big macs are losing out. Retail analyst Shaun Rein explains to Reuters that Chinese consumers turn to domestic chains, who supply more to the aspirations of their customers.
China consumers are outspending the moderate GDP growth, but underlying changing undermine the big players in retail, as the sales increasingly go to the little guys, including e-commerce, writes retail analyst Paul French in the China Economic Review.
Foreign fast food chains like McDonalds and KFC are wildly popular in China, but domestic chains failed to have a similar success. Retail analyst Paul French explores in Foreign Policy why his favorite Real Kung Fu restaurant has only a few hundred outlets, while foreign competition has many thousands.
China is becoming modern, but does not westernize, warns advertising guru Tom Doctoroff in Digital Market Asia. More than elsewhere, the internet and social media are important driving forces for consumers and the society.
Consumer demographics, and especially the position of the middle class, boils out in China very different, cause problems for brands focusing on that middle class, tells business analyst Shaun Rein in OpenMarkts, in an interview ticking off different parts of his book “The End of Cheap China.”
Chinese consumers expect foreign brands to be safer and better than domestic ones. But when that confidence is hurt, like happened after a government investigating into the poultry supply of KFC, damage can be huge, explains business analyst Shaun Rein in Bloomberg.