Chinese consumers may have more spending power, but they also have less time to cook: a perfect recipe for the growth of fast food in China, where western and Asian chains are battling over the increa…
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Retail titans in China push
Beijing’s policy to spur domestic spending is prompting retail giants to step up their push into the Chinese market.
Fast food chain McDonald’s Corp says it will double its outlets to more…
Myer chairman defends his receipt of USD1.9m bonus
Myer chairman Howard McDonald has defended his receipt of an AUD1.9 million (USD1.9m) bonus for his work during last year’s AUD2.2 billion float.
He says the sale process required him to make ma…
Taking Stock: Bringing home the digits with digital signage
Digital signage is on a meteoric rise, both in Europe and the US. Originally utilized as branding and advertising on high streets, landmark sites and sports events, digital signage is now being utiliz…
P&G profit shows 7pc dip in 3Q10
Procter & Gamble Co. reported on Wednesday a 7 percent decline in its net profit to USD3.08 billion in the July-September quarter, while sales increased on the introduction of new products and gro…
P&G increasing sales with big brands
Procter & Gamble Co is slowly luring back budget-battered consumers to its big brands, while attracting new buyers around the globe by getting more products into emerging markets such as India and…
Starbucks hopes free songs, e-books lure customers
Starbucks is adding a venti-sized dollop of free books, news and entertainment to its Internet offerings starting from Wednesday.
The coffee chain’s new digital network promises customers free e…
P&G CEO says growth plan working
Procter & Gamble Co.’s CEO Bob McDonald says its growth plan is showing progress on several fronts, and on schedule for the target of 5 billion consumers in five years.
The US-based consumer…
Myer boss making millions
Myer chairman Howard McDonald has emerged as one of Australia’s highest-paid company directors.
With bonus payments, including a six-figure "exertion fee" linked to the retailer’…
Car boom changing China retail economics
Shiny new cars line up outside a McDonald’s drive-through on the suburban outskirts of Beijing. As Big Macs are passed through the windows of BMW sedans and Chery compacts, one thing is apparent…