China: latest retail news, insights and analysis | ESM Magazine

China Set To Become World's Largest Grocery Market By 2023, Study Finds

China is poised to overtake the US to become the world’s largest grocery market by 2023, in value terms, a new study by IGD Asia has found. Accord...

Soaring Corn Prices Pinch Brazil Meatpackers Amid Chinese Meat Bonanza

Brazilian pork and poultry processors, who have benefited from strong exports to China amid the African swine fever outbreak, are starting to feel the pinc...

Alibaba Reshuffles Management, CFO Wu To Oversee Strategic Investment Unit

China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments un...

Carrefour Sees More Retail Sector Consolidation, Including In France

The boss of Carrefour said on Friday the retail sector was bound to consolidate in the coming years, notably in France, as competition intensifies, and tha...

PepsiCo Names New Global Chief Commercial Officer

PepsiCo has announced the appointment of its Greater China chief executive Ram Krishnan as the new global chief commercial officer. Krishnan will succee...

Danone CFO Says China's Baby Formula Plan 'Not A Surprise'

China's plan to increase local production of baby formula products has not come as a surprise to global dairy maker Danone, which has plans to launch...

Pernod Confident On Asia, Jacob's Creek Selling Well In China

Drinks group Pernod Ricard, which is being targeted by activist investor Elliott, sounded confident over its growth prospects in Asia including for wines s...

Carrefour Says Blockchain Tracking Boosting Sales Of Some Products

French retailer Carrefour SA has seen sales boosted by the use of blockchain ledger technology to track meat, milk and fruit from farms to stores and will...