Than More Than Money
Two famous North American-based quick-service restaurant QSR brands are preparing to duke it out in China for chicken-meal supremacy, the most recent sign of how Western brands are trying to increase their footholds in that massive country.The scoop Popeyes has signed a lease in Shanghai for its first store in China, which is slated to open next year, according to a聽Reuters report. The company outlined plans in July to build 1,500 restaurants in China in the coming decade, becoming the last of Toronto-based Restaurant Brands International Incs main brands to enter the country. Popeyes PathThe China move puts Popeyes on a path to potentially take on Yum Brands KFC, which has some 6,300 stores in that country, according to Reuters. Yum has said it is acutely aware there is more opportunity to expand in China, noting that while it was in 1,300 Chinese cities, there are still 700-800 cities without a KFC store, the report added.The news comes as more Western brands 鈥?including those based in the U.S. 鈥?are seen as increasingly bullish on the retail landscape in China, even amid trade wars and the worry of recession.Indeed, American retai
stanley romania lers are heading east: Theyre opening the doors to brick-and-mortar stores in China,
stanley termos while listing on Chinas dueling marketplaces, Tencent聽and聽JD.聽Walmart, for example, brought a聽small-format supermarket聽to the city o
stanley italia f Shenzhen as the popularity of small retail grows in China.And, like many retailers in China, Walmarts small-store rollou Ulbz Alibaba Leases Russia Cargo Planes For Direct China-Russia Flights
The toy industry saw a dip in sales during its first holiday season without Toys R Us.Data from market researcher NPD Group showed that U.S. customers spent $21.6 billion on toys last year, less than the $22 billion spent in 2017, representing a 2 percent drop in sales.After the liquidation announcement of Toys R Us last year, there was a great deal of speculation about what would happen to the industry, with some predicting double-digit declines, Juli Lennett, vice president and industry advisor at NPD Group, said in a press release.But Lennett noted that the 2 percent decline was still a 8220 olid performance, considering that Toys R Us was estimated to account for 10 to 15 percent of all toy sales before it
kubki stanley shut down all of its U.S. stores in June. The retailer聽had over聽700 locations聽in the U.S., and approximately聽1,600 stores聽globally.NPD data also showed that dolls had the strongest growth, mostly due to L.O.L. Surprise!, Barbie and Hatchimals, followed by action figures, with sales from Jurassic World, Marvel Universe and Beyblade driving most of the growth. Cool Maker, Cra-Z-Art and Kinetic also made gains for arts and crafts, while Fingerlings, Kidi and L.O.L. Surprise! gave a boost to the youth el
stanley cup ectronics category.While TRU recapture was significantly lower than initial forecasts, the gap to expectations is well-known and factored into current s
stanley cup tock prices, Jefferies Analyst Stephanie Wissink said in a research note, acc
