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Shanghai Daily,上海日报
Latest news:


CEO to step aside in April 2017

Starbucks Chief Executive Howard Schultz speaks at a shareholders’ meeting in Seattle, Washington, in this file photo. Schultz will step aside as CEO next year, turning a major page in the history of a company he built into an iconic global brand. Having led the company’s rise from a sleepy Seattle chain into the world’s biggest coffee business, Schultz will stay on as executive chairman and chairman of the board, the coffee giant has said in a surprise announcement. The change will take effect on April 3. Schultz will hand the reins to President and Chief Operating Officer Kevin Johnson, a close friend who was tapped as the company’s No. 2 in 2015. ...

December 3, 2016, Saturday

Casino income rises

MACAU, the world’s biggest casino hub, posted a 14.4 percent rise in gambling revenue in November, a fourth month of growth after more than two years of decline, as new resorts helped bring in more casual ...

December 2, 2016, Friday

Innovative Cargill

FOOD and agricultural products supplier Cargill yesterday launched its innovation center in Shanghai, its largest in Asia. With an initial investment of 12 million yuan (US$1.7 million) and employing ...

December 2, 2016, Friday

‘Different tastes’

SHANGHAI established a council yesterday to coordinate the development of the city’s featured shopping areas. The council, under the guidance of the Shanghai Commission of Commerce, will help land developers ...

November 30, 2016, Wednesday

Mobile use drives US shopping gains on Thanksgiving weekend

Americans are turning to their mobile devices for deals to kick off the holiday shopping season, with retail trends increasingly upended by ever-present smartphones. According to Adobe Digital Insights, ...

November 30, 2016, Wednesday

Yum China KFC Health Foundation hosts annual conference, supports research and educational programs to contribute to Healthy China 2030

YUM China Holdings, Inc.’s (“Yum China”) (NYSE:YUMC) KFC Health Foundation hosted its ninth annual conference today in Zhuhai, China. The conference was attended by senior representatives from Yum China ...

November 29, 2016, Tuesday

Yiguo gets new round of financing

SHANGHAI-BASED fresh food online retailer Yiguo said yesterday that it has completed a new round of financing, led by Suning Commerce Group and institutional investors including Credit Suisse, Fidelity, ...

November 29, 2016, Tuesday

Retailers must shift to tap online buying

Retailers need to adapt to new scenarios as consumers go online to buy fast moving consumer goods, a report said yesterday....

November 25, 2016, Friday

Expansion plan for HK Disneyland at US$1.4b

WALT Disney will expand its loss-making Hong Kong Disneyland theme park with a US$1.4 billion investment to try to attract more visitors, the US entertainment company and its local government partner ...

November 23, 2016, Wednesday receives 3-billion-yuan investment

INVESTORS led by Fosun Group invested 3 billion yuan (US$441.2 million) into a maternal and infant industry website, in a bid to seek opportunities in kid health and education sectors. Babytree ...

November 21, 2016, Monday


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