Tag: retailing

Wal-Mart reconsiders China strategy

wal-martAnother western retailer has realized it’s time to take the foot off the gas pedal in China.

Wal-Mart, the world’s biggest retailer, is to  close about 25 stores in China as it moves to centralize its network of stores around cities where it already has a presence before moving into new regions. (continue reading…)

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Chinese coffee market perks up

daxue_coffee_starbucks-1024x768Could China, traditionally a tea drinking nation, one day become the largest market for Starbucks coffee?

Its a question that western businesses operating in any area of China’s consumer market ask themselves of course. But it has a particular interest for coffee companies simply because the drink is so alien to most Chinese. (continue reading…)

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Macy’s rethinks e-commerce in China

https://www.recyclebank.com/media/partner_logos/macysLogo_300x300.jpgUS retailing giant Macy’s has shelved plans to start selling online in China, the latest casualty in a supposedly booming e-commerce market that is proving elusive for some western retailers.

The US firm had planned to begin online sales  in China in the spring, after buying a minority stake  in Chinese retail company VIPStore last year. (continue reading…)

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Tesco tries JV route again

After struggling to go it alone in China and with profits down in Europe, Tesco, the UK’s leading food retailer, has fallen back on the tried-and-tested method for western businesses operating in China: a joint venture. (continue reading…)

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Xiu mines big data with IBM

xiu_logo.jpgWestern retailers have been using data mining technology for over a decade to try to get a feel for what their customers like. China’s online fashion retailer Xiu.com has taken a leaf out of their book with IBM’s Smarter Commerce technology and has seen sales soar from 10,000 items a day to 100,000. (continue reading…)

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A billion mouths to feed

It had to happen sooner or later, of course. Nevertheless, news that China has overtaken the US as the world’s largest grocery market has profound implications for both food producers and retailers in the west. (continue reading…)

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