China news and analysis

08 July 2020
Beyond Meat has teamed up with Freshippo to launch its products in the Alibaba Group-owned New Retail supermarket. A milestone for the brand Los Angeles-based Beyond Meat has launched its flagship Beyond Burger – a plant-based meat burger designed to replicate the flavor and texture of a hamburger patty – in 50 Freshippo stores in Shanghai. The brand will later roll out the product more bro...
03 July 2020
Jonathan Wang, the head of JD.com’s 7FRESH, shared his view at the "2020 China Community Business Annual Meeting" organized by the China Chain Store and Franchise Association (CCFA) last week. The main points are summarized here in this article. Driven by urbanisation From the perspective of China’s social structure, community stores are typically defined as those within the life circle of ...
01 July 2020
The retailer announced the opening of its 27th store last week. It is Sam Club’s second store in the city of Ningbo, demonstrating the retailer’s commitment and confidence in its development plan in China. Pleasant shopping environment Same as other Sam’s Club stores, this new store has spacious environment. Aisles are nine metres high and three metres wide. Shopping carts with two child ...
25 June 2020
China was the first country to be hit by Coronavirus (COVID-19). Now with all eyes are on the recovery, we continue to update this article with the latest developments... June Second wave in Beijing : Beijing has reported more than 100 coronavirus cases in the past two weeks after going almost two months without an infection. The new cases might be linked to imported salmon. As a conseq...
19 June 2020
Alibaba and JD.com handled US$136.5bn of sales through their platforms during 6.18, an annual online shopping festival in China that runs from 1 st June to 20 th . Strong numbers show retail is recovering For 6.18, Alibaba achieved gross merchandise value (GMV) of CNY698.2bn (US$98.5bn), over double what it achieved on Singles Day (2020 11.11) last year, which posted record GMV of CN...
18 June 2020
The retailer plans to open 100 restaurants at its existing stores by end of 2020. Different operating model to Freshippo and 7FRESH The first outlet of Carrefour restaurant, under the brand name Mr Fu, has opened at its Gubei branch in Shanghai on 16 June. “Mr Fu” is a key strategic project of Carrefour, launched to tap into the trend of “grocery shopping + on-site dining”. Different to ...
17 June 2020
Major indicators released on 15 June by the National Bureau of Statistics showed improvements in the retail sale of consumer goods in May. However, there are challenges ahead. Retail sales decline slowed to -2.8% YoY in May Total sales of retail consumer goods reached CNY3,197 bn (US$452 bn) in May, down by -2.8% year-on-year (YoY). This is a significant improvement from the previous mont...
16 June 2020
To understand how autonomous warehouses allowed JD.com to respond quickly to uncertainties and fluctuations in product availability and consumer demands during the COVID-19 crisis, IGD conducted a collaborative research project with JD.com. Extracts from the full report are shared here in this article. Technical advancements that enabled JD.com to respond quickly during COVID-19 JD.com’s ...
11 June 2020
IGD analysts share their thoughts. “We are not facing Credit Crunch 2.0” James Walton, Chief Economist The amplitude of the downturn we’re expecting to face in the UK is expected to exceed anything we’ve seen in the last century. However, with a biological rather than banking crisis at the epicentre, there are some important differences in how this will impact businesses and households...
10 June 2020
China was the first country to be hit by Coronavirus (COVID-19). Now with all eyes are on the recovery, we continue to update this article with the latest developments... June 6.18 Mid-Year Shopping Festival: Alibaba and JD.com kicked off China’s largest sales event post COVID. Read the details here First 7-Eleven store in Hunan : after postponing the opening twice due to t...