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

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...

Costco Looking At Alternative Sourcing, Price Hikes As Tariffs Loom

Costco Wholesale Corp reported quarterly profit and revenue that beat Wall Street estimates and said it would tackle the proposed round of tariffs on Chine...

Argentina's Soy Planters Betting The Farm On The Trade War Outcome

Faced with a plunge in prices for their crops sparked by the US-China trade war, Argentine soy farmers have had little choice this year but to take the los...

Aldi Can Succeed In China, If It Acts Methodically: Analysis

One week from now, on 7 June, discounter Aldi embarks on arguably its most ambitious venture to date, with the opening of its first store in China. The...