In need of fresh ideas
China's big-box grocery needs to think fresh and fun to turn-around performanceMonday, April 27, 2015
China's largest food retailers (supermarkets and hypermarkets) have suffered a torrid 18 months and will need to transform their offering in order to recover from declining growth, according to a new report from OC&C Strategy Consultants Greater China.
In Need of Fresh Ideas reveal that nearly all of the major players among China's "big-box" grocers, including SunArt, CRV, Carrefour, Walmart and Wumart, have experienced near consistent negative growth since 2010. During this period, any ongoing growth has been supported almost entirely by new store openings.Read Publication
In the toughest grocery retail conditions for a generation, it's not scale so much as fleetness of foot that counts, reveals the latest OC&C Top 150
Fleet of foot
Global FMCG giants are losing out to smart smaller operators in emerging markets, according to the 10th Global 50 ranking. So...have the giants grown too big for their boots?
Early entrants are reaping rewards: global CPG Players are already active. 36 of the OC&C Global 50 Leading Consumer Goods companies have an active presence in Sub-Saharan Africa