Category Archives: retail

KFC slumps under anti-US sentiments – Shaun Rein

Yum´s KFC has lost substantial turnover, as anti-US protest turn against the fast food chain caused by the tension in the South China Sea, says business analyst Shaun Rein to Reuters. The stores have become a lightning rod for nationalistic feelings and lost sometimes up to 25%

How Samsung pissed off its Chinese users – Ben Cavender

Samsung had a loyal group of users in China, but its way of dealing with the latest security scare has shocked their loyal follower, says retail analyst Ben Cavender to AP. Samsung did not recall its Note 7, despite possible igniting batteries, and recalls in the rest of the world.

Looking beyond the first-tier cities – Ben Cavender

China´s consumers have changed dramatically over the past decade, retail analyst Ben Cavender told a conference on fruit, for example only looking at first-tier cities is a wrong habit from the past, reports the Fruitnet. And the hypermarkets are dead.

How beer in China goes upmarket – Shaun Rein

Beer has always been a poor-people product, but has been going upmarket, now China´s elite discover the more fancy beers, tells retail analyst Shaun Rein to the Boston Globe. Although, in the sales, craft beers in China hardly show up, that is going to change.

Rules for cross-border e-commerce no reason for panic – Mark Schaub

The new rules on taxation of cross-border e-commerce have caused fear the government is trying to kill an increasingly lucrative industry. It was inevitable the government would start to regulate – not kill – this booming business, says Shanghai-based lawyer Mark Schaub in Lexology. The timing was a surprise, and unfortunately, regulations are not very clear, he adds.

Why Suning went for Inter Milan – Rupert Hoogewerf

Why is retail giant Suning going for one of Europe´s largest soccer clubs, while other Chinese tycoons went for the smaller fish? It is part of the firm´s global strategy, expending into Europe, says Rupert Hoogewerf, founder of the Hurun China rich list in the International Business Times.

The hit by tax on cross-border e-commerce – Ben Cavender

China has slapped tax on cross-border e-commerce, a trade that went previously under the tax radar. Especially the smaller operations could be hurt, tells retail analyst Ben Cavender the China Daily, while the larger ones can avoid damage.

Why Baidu is much more than just Google – Kaiser Kuo

China´s Baidu is often dubbed China´s Google, but Kaiser Kuo, Baidu´s director of international communications, is happy to explain the SF Chronicle what American and European internet users are currently missing when they rely on Google, and what they might can get in the future.

Quality key for China´s young consumers – Ben Cavender

Going cheap is no longer the prevailing trend among China´s consumers, as especially the younger ones, who have traveled a lot, look for good quality, says retail analyst Ben Cavender in the International Business Times.

The end of brick-and-mortar in China – Shaun Rein

The world outside China hardly realizes how fast e-commerce is changing the country. “Brick-and-mortar is basically dead, unless you have something special to offer,” says Shanghai-based business analyst Shaun Rein , author of The End of Copycat China in the South China Morning Post. The rest of the world will follow.