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Big News! JD Convenience Stores Open Franchise Cooperation in Multiple Cities, Boosting the Rise of Small Shop Economy
Recently, the Ministry of Commerce and six other departments jointly issued the "Notice on Carrying out the Action to Promote the Small Shop Economy", which proposes to cultivate 100 pilot cities (districts) for small shop economy, empower 100 service enterprises, and form 1,000 small shop clusters with high popularity and strong 'hustle and bustle' by 2025, achieving the goal of '100 cities, 1,000 districts, 100 million shops'. The small shop economy has ushered in new development opportunities. [Easter egg at the end of the article] On July 31, JD New Channel released news: JD Convenience Stores will open franchise cooperation in many places across the country, including Beijing, Shanghai, Chengdu, Jinan, and other cities.
New DistributionLe Yao Ju Classic Products Relaunched: 3 Strategies to Help Distributors Activate the Market!
The outbreak of COVID-19 has brought new opportunities and challenges to the frozen food industry. On one hand, while channels like foodservice were hit hard during the pandemic, circulation and e-commerce channels saw a surge in demand. On the other hand, as the pandemic stabilizes and consumption normalizes, foodservice is recovering, and consumer demand from households online and offline has not declined. According to Kantar Consumer data, post-pandemic consumers still purchase higher-priced frozen foods and buy more in bulk, with stockpiling needs persisting.
New DistributionNongfu Spring Approved for Hong Kong IPO! Zhong Shanshan's Wealth Nears 100 Billion!
On July 31, according to the CSRC official website, the CSRC approved Nongfu Spring Co., Ltd. to issue no more than 1.38 billion overseas listed foreign shares with a par value of RMB 0.1 per share, all common shares. After the issuance, the company can list on the Main Board of the Hong Kong Stock Exchange. Nongfu Spring, formerly known as Zhejiang Qiandao Lake Health Drinking Water Co., Ltd., was founded in 1996. In 1998, its slogan 'Nongfu Spring is a bit sweet' became famous, and by 2019, its revenue reached 24.021 billion yuan.
New DistributionFood and Beverage Packaging to Undergo Major Overhaul—New Regulations from State Administration for Market Regulation Prohibit Labels Such as 'Zero Additives' and 'Non-GMO'
On July 27, the 'Measures for the Supervision and Administration of Food Labels (Draft for Comments)' proposed that food labels must not emphasize the absence of substances not contained or used in the food, such as 'no additives,' 'zero additives,' or similar phrases. It also encourages food producers to label low oil, low salt, low sugar, or sugar-free prompts. Additionally, for genetically modified food, the label must prominently indicate 'genetically modified,' otherwise it is not necessary to label 'does not contain GMOs' or 'non-GMO.'
New DistributionHeavyweight | Budweiser APAC H1 Results Announced, Q2 Flat Year-on-Year, June Hits New Domestic High
Budweiser APAC's H1 performance was impacted by the pandemic but recovered rapidly. In China, Q2 overall sales volume was flat versus the same period in 2019, down only 0.3%; May and June saw year-on-year growth, with June setting a new all-time high in China.
New DistributionWant to Know Marketing Trends After the Pandemic? Tiger Cao, President of KMG China, Tells You
As the global partner and president of China at Kotler Marketing Group (KMG), Tiger Cao has deep marketing academic foundations and rich practical experience in international business. He has led KMG China in providing market strategy and brand strategy consulting services to over 120 companies, including Fortune 500 firms and city governments. He proposes four marketing trends in the post-pandemic era: influence marketing, agile marketing, brand activism, and relentless marketing innovation.
New Distribution2020 China Convenience Store Top 100 Announced! Meiyijia Surpasses Kunlun Hao Ke for the First Time, Sinopec Yijie Continues to Lead
The China Chain Store & Franchise Association recently released the 2020 China Convenience Store Top 100 list. Sinopec Yijie ranked first with 27,699 stores, while Meiyijia surpassed PetroChina Kunlun Hao Ke to take second place with 20,706 stores, and Kunlun Hao Ke ranked third with 20,000 stores.
New DistributionAfter Just One Year of Transformation, He Became the Largest Snack Food Distributor Locally—How Did He Do It?
Zhicheng Trading in Linquan County, Anhui, transformed in 2018 from a multi-category, multi-brand distributor into a single snack food category supplier. With over 2,000 retail outlets, 11 salespeople, and 1,500 SKUs, it achieved annual sales growth of over 30%, with self-operated categories growing over 100% annually. After 10 years in distribution, the company has grown steadily through brand dividends, proactive transformation, and business structure adjustments.
New Distribution52 Innovation Shares, 24 Live Interpretations, 1000+ Product Decision-Makers Gather at FBIC2020 | See You the Day After Tomorrow
Foodaily sincerely welcomes you to FBIC2020, where we talk innovation through products and make friends through innovation. For friends who cannot attend due to the pandemic, our online live streaming reservation is now open, hoping to support your product innovation! We witness and advance the wave of new consumer brands together! This article shares the on-site content: 01 Conference Agenda & Speakers, 02 Innovative Products & Innovation Journey, 03 Innovation Activities, 04 Some Participating Companies, 05 Partners, 06 Online Live Streaming Channel Officially Opens...
New DistributionWangbaobao Completes Nearly 100 Million Yuan Series B Financing Against the Odds During the Pandemic: The Birth of the 'Fastest' Food Startup
In April 2020, despite the pandemic, innovative consumer brand Wangbaobao completed a Series B financing of nearly 100 million yuan, led by Black Ant Capital, with existing investors Source Code Capital, Vertex Ventures, and Dexun Investment following on. The company, which launched its Taobao store in May 2018 and surpassed 2 million yuan in sales in its first month, has grown rapidly to become the top oatmeal brand on Tmall, achieving over 20 times annual sales growth.
New DistributionTens Group Statement: Beijing Red Bull's Lawyer Statement Seriously Defames Tens Group's Goodwill and Damages Red Bull Brand Interests; Will Pursue to the End!
In response to the lawyer's statement issued by Red Bull Vitamin Beverage Co., Ltd. ("Beijing Red Bull") on July 10, Tens Pharmaceutical Healthcare Co., Ltd. ("Tens Group") hereby declares that the statement contains numerous falsehoods that mislead the public, threaten authorized producers and distributors, and seriously defame Tens Group's goodwill and its licensed products. Tens Group reserves all legal rights and will pursue legal action to the end.
New DistributionKimberly-Clark and New Retail TP Operator Shanghai Maichun Sign 3-Year Exclusive Strategic Cooperation Agreement
On July 16, 2020, Kimberly-Clark (China) and Shanghai Maichun E-commerce Co., Ltd. signed a 3-year exclusive strategic cooperation agreement in Shanghai, deepening their collaboration in B2B and other new retail channels. The partnership aims to achieve a 1 billion yuan sales target over the next three years.
New DistributionFirst Xiaorunfa RT-mini Opens Nationwide, Mini-format Competition Intensifies
Today, the first Xiaorunfa RT-mini store opened in Nantong, Jiangsu, marking RT-Mart's entry into the community fresh food supermarket segment. Leveraging RT-Mart's supply chain and Alibaba's digital technology, the store aims to enhance customer experience and meet daily needs, intensifying competition in the mini-format retail sector.
New DistributionAfter Nongfu's IPO, Making Distributors the New Leeks: What Kind of Water Deserves More Cherishing
The pandemic has advanced Chinese people's health awareness by at least a decade, leading to a surge in demand for health products and services, especially functional bottled water. As the market for mid-to-high-end water explodes, Xipin Tiancheng's 'Buxi Water' aims to partner with distributors to tap into the vast selenium-supplement market, offering a rare natural mineral water source from China's selenium-rich Qinba valley.
New Distribution2020: Digitalization and New Infrastructure Redefine Every Role in the FMCG Industry
Infrastructure is the foundation of society, and in the FMCG industry, it encompasses all steps from factory to consumer, including production, warehousing, logistics, distribution, retail, and communication. The article argues that digitalization is the core of new infrastructure, and in 2020, it has become the top priority for traditional manufacturers, surrounding enterprises, and innovative brands alike.
New DistributionNongfu Spring and Uni-President's Supplier Files for IPO: Why Is the Tea Industry So Eager for a 'First Stock'?
On July 3, the China Securities Regulatory Commission (CSRC) published the prospectus of China Tea Co., Ltd. (hereinafter 'China Tea'). A subsidiary of COFCO, China Tea is one of the tea suppliers to beverage companies such as Nongfu Spring and Uni-President. The company had submitted its materials on June 18, 2020, and they were accepted on June 24. For a long time, the A-share market has lacked a true tea stock. Although China Tea attempted to list nearly 20 years ago, it failed for various reasons. Will this attempt succeed?
New DistributionJuneyao Health IPO Approved, but Why Did the Issuance Review Committee Question the Number of Distributors?
The CSRC website recently published the results of the 97th meeting of the 18th Issuance Review Committee in 2020, showing that Hubei Juneyao Health Beverage Co., Ltd. ("Juneyao Health"), which had previously suspended its IPO process due to its capital verification firm being involved in the Kangdexin financial fraud case, passed the review. However, during the review, the committee raised questions about changes in the number of distributors and the high proportion of OEM production.
New DistributionIn 2020, Digitalization Is Becoming the Top Priority for All FMCG Manufacturers
In 2020, had the pandemic not occurred, all industries would have continued along the plans designed the previous year. However, the sudden outbreak made every enterprise realize the 'blind spots' in their business operations. Digitalization, a topic often discussed in recent years, has been mentioned in meetings of every enterprise to varying degrees. Whether it is promoted this year or next, or gradually introduced through a specific project, the timing, importance, and methods differ in each enterprise's operational priorities.
New DistributionReversal: Laoganma's Latest Response, 'No Cooperation with Tencent at All!'
In response to Tencent's lawsuit, Laoganma has responded, saying 'Tencent was deceived, and there has been no cooperation with Tencent at all,' and issued a related statement. Tencent sued Laoganma for unpaid advertising fees, while Laoganma strongly denied any commercial cooperation, leading to a heated dispute. The truth behind the incident is now under police investigation.
New DistributionRetail Giants' Private Label FMCG Brands Are Coming on Strong: Is There a Crisis for Traditional FMCG Brands?
Private label brands are developed and used by wholesalers or retailers based on consumer needs, with retailers controlling the entire process from design to distribution. Currently, retailers face two major problems: severe product homogenization and shrinking profit margins, and a sharp decline in customer traffic. To achieve product differentiation and maximize profits, retailers are launching private label products to meet the diverse, niche, and personalized demands of consumers.
New DistributionA Refreshing Breeze in the Beverage Market: Light Lactic Acid Bacteria Drinks Arrive
As summer approaches, beverage companies are launching new products to compete for consumer attention. This year, distributors should not miss Kangshifu's new product, Xiaoluo Duoduo, a refreshing lactic acid bacteria drink that caters to young people's preferences for health and taste, injecting new vitality into the light beverage market.
New DistributionDidi, Meituan, and Cainiao Enter Community Group Buying: Prepared or Late to the Party?
The pandemic has intensified community group buying, with financing, IPOs, and cross-industry entries since May. Didi and Meituan's heavy investments raise questions about their impact on incumbents like Xingsheng Youxuan, Tongcheng, Shihui Tuan, and Shixiang Hui—are they late or will they reshape the market?
New DistributionDon't Want to Work All Year for Nothing: The Only Principle for Distributors' 2020 Product Selection: Profit
The drinking water market in China is changing, with pure water dominating due to low cost, but mineral water is gaining ground. The article highlights the current state of mid-to-high-end mineral water, introduces a new product, Xipin Tiancheng Buselenium Water, and explains why it offers distributors a profitable opportunity.
New DistributionOnline-Offline Synergy: JD New Channel Unleashes Super Momentum in 618!
At 24:00 on June 18, JD's Zhangguibao "Crazy 618" promotion concluded. JD New Channel's cumulative 18-day sales reached 220% of the same period in 2019, with the first 4 hours of the peak period hitting 5.6 times last year's figure. Despite the pandemic, JD New Channel achieved significant growth through its strong B2B2C full-chain penetration.
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