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Shanghai Daily,上海日报

Consumer


Coca-Cola eyes revenue from coffee

Coca-Cola China aims to diversify its revenue by introducing the Georgia brand in the ready-to-drink coffee beverage market on the mainland. “Chinese consumers are less price sensitive toward non-...

September 30, 2014, Tuesday


Spending rise signals recovery in US

Frances Gurley shops at a Family Dollar store in Wilmington in North Carolina. Americans boosted spending by a healthy amount in August, offering evidence that the US economy is on solid footing heading into the final quarter of the year. Consumer spending rose 0.5 percent in August after showing no gain in July, the Commerce Department reported yesterday. About half of the increase was driven by auto sales. Helped by strength in wages and salaries, income rose a modest 0.3 percent in August, slightly faster than a 0.2 percent July increase. ...

September 30, 2014, Tuesday


Traditional retailers' momentum lags amid online growth, report says

CHINA'S consumer and retail sector is entering a stage of stable development with large,  traditional retail companies lacking growth momentum due to a shifting consumption model, a new industry report ...

September 29, 2014, Monday


India’s online shopping gets US$2b lift

Founder and CEO of Amazon.com Jeff Bezos poses on a lorry after handing over a US$2 billion check to Amit Agarwal, vice president and country manager of Amazon.in, in Bangalore yesterday. The investment will go toward raising the bar for online shopping in India. ...

September 29, 2014, Monday


Hershey eyes non-chocolate sales with deal

US chocolate and confectionary maker Hershey Company said yesterday it has acquired an 80 percent stake in Shanghai Golden Monkey Food Joint Stock Co for US$394 million....

September 27, 2014, Saturday


Shanghai to revive 42 time-honored brands

Forty-two brands in Shanghai which were certified as the city’s first batch of time-honored brands will be the focus of a government plan to revive them,...

September 27, 2014, Saturday


Hershey completes acquisition of Shanghai Golden Monkey

US chocolate and confectionary maker Hershey Company said today it has completed the acquisition of an 80 percent stake in food company Shanghai Golden Monkey Food Join Stock Co. The US$394 million takeover ...

September 26, 2014, Friday


Genzyme sees new drugs unveiled faster

Genzyme, a United States company specializing in treating rare diseases,...

September 26, 2014, Friday


Sanofi picks Shanghai for R&D center

French pharmaceutical giant Sanofi opened a research hub in Shanghai yesterday, the company said,...

September 26, 2014, Friday


Genzyme expects new drugs to be introduced in China at quicker pace

GENZYME, a US-based company treating rare diseases and now part of French pharmaceutical company Sanofi, said it expects new medicines to be introduced into China at a quicker pace in the future with ...

September 25, 2014, Thursday




 

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