Posted by Abe Sauer on March 15, 2013 12:35 PM
Above, Guanxi.me, makers of a popular app widely used for hooking up, has generously released a "Don't Hook Up" PSA.
China is the second largest economy in the world and every significant brand's future is impacted by its growth (or collapse)—but who's got the time?! Here's the week's reads that will make you look like a keen China observer in case you find yourself immersed in a cultural conversation.
This week: "Dr. Hangzhou"... avoiding hook-ups... recalls... vacuum cleaners... panda poop... Coca-Cola's illegal GPS... Uniqlo... selling air quality... Philip Morris... KFC... Guanxi.me... McDonald's gives away McMuffins... and moreContinue reading...
Posted by Dale Buss on March 13, 2013 11:53 AM
Stunned by the 11th-hour blocking of his ban on large-soda purchases by an inimical state judge, NYC Mayor Michael Bloomberg sallied forth on Tuesday and made another new enemy—or at least a bigger one than it was.
As a major purveyor of soft drinks that would violate the ban being sought by Hizzoner, Yum! and its restaurant brands weren't all that excited about Bloomberg in the first place. Then, on Tuesday, Bloomberg visited a local independent eatery, Lucky's Restaurant, to thank the purveyors for honoring the spirit of his initiative.
During the press event, the mayor held up a cup from Yum!'s KFC brand to make his point about drinks so huge they would clearly violate the new law he seeks to impose—and Getty Images snapped an interesting photo.Continue reading...
Posted by Mark J. Miller on March 12, 2013 12:27 PM
Fried chicken lovers in China took a brief break from visiting KFC’s there after news broke in December of last year that the fast-food chain was using chicken suppliers that had violated drug rules in order to fatten up their birds.
That wasn’t good news for consumers or for a brand that had more than 4,000 outlets in the company and brought in more than 40 percent of its overall revenue from the country. In anticipation of a hefty backlash, Yum! Brands, the owner of KFC, Taco Bell and Pizza Hut, readjusted its yearly expectations downward. However, it appears that Chinese chicken consumers have short memories.Continue reading...
Posted by Dale Buss on March 12, 2013 09:09 AM
Alibaba names next CEO.
Denny's cancels franchise deal in China.
Google shows off sample apps for Project Glass a SXSW.
American Airlines and U.S. Airways prepare for merger bumps.
Apple and Samsung values soar.
Barney's New York rebrands Co-op stores as regular Barney's.
BlackBerry stock jumps on Lenovo takeover interest rumor.
BMW to build sub-brand for China.
Boeing sees investigators focus narrowly on batteries in Dreamliner probe.
China's Spring Airlines adds cars to in-flight sales offering.Continue reading...
Posted by Dale Buss on March 4, 2013 08:46 AM
Walmart philanthropic director Sylvia Mathews Burwell expected to be nominated Monday as Obama's budget chief.
India develops a taste for premium beer while officials approve $2 billion Diageo deal.
HSBC set for $23 billion profit as turnaround gains traction.
AB InBev takes to Twitter and newspaper ads to fight watered-down-beer charges.
AIDS drug breakthrough sees infant evidently cured through early use of virus-blocking drugs.
Alfa Romeo reboot marks tough road for Fiat.
American Airlines drops below 60,000 employees for the first time since 1987.
AOL's new Brand Group CEO Susan Lyne lays out her goals.
Asos joins brands using Twitter's Vine for short form social video marketing.Continue reading...
chew on this
Posted by Mark J. Miller on March 1, 2013 01:13 PM
McDonald’s may have sold more than 247 billion hamburgers since eventual owner Ray Kroc opened his first franchise in 1955, but things have apparently slowed down a little bit for the fast-food powerhouse.
January marked the first time in nine years that Mickey D’s reported that its same-store sales in the U.S. went down, according to the Chicago Tribune. The word is that sales at franchise locations that have been open for more than a year went down 2.2 percent. In Europe, Asia Pacific, Africa and the Middle East, same-store sales also took a similar decline. The announcement, however, isn’t shocking since fast food has been taking a hit across the board due to consumers being more vigilant about where their dollars (and calories) are spent. Continue reading...
Posted by Dale Buss on February 26, 2013 09:08 AM
Yahoo! work-from-home edict by CEO Marissa Mayer sparks debate.
Barnes & Noble breakup possibility highlights leadership differences.
Weight Watchers sees workers push back over low pay.
Airbus considers adding assembly line for A350.
Alcatel bets on AT&T and Verizon to keep U.S.-market growth.
Amazon losing its edge in e-commerce satisfaction.
BP begins its trial in 2010 Gulf oil spill.
Diageo hopes to create frozen-cocktail frenzy in U.K.
Google is the most trusted online brand in India, followed by Facebook.
HP board signals more oversight of CEO.
Hooters launches new brand campaign.
IKEA pulls more meatballs over horse meat.Continue reading...
Posted by Mark J. Miller on February 25, 2013 03:17 PM
KFC has more than 4,000 outlets in China and it counts on them to come up with more than 40 percent of its overall revenue. That overreliance on cash-flow from the world’s most populated nation took a massive hit back in December when Chinese state television let the world know that “some suppliers violated rules on the use of drugs to fatten chickens,” which led to January sales dropping a customer-estimated 37 percent, according to the Associated Press.
The word from the Shanghai Times was that Chinese authorities were investigating the business practices of “Doyoo Group, a poultry company that reportedly bought sick and dead chicken from farms, then resold the sick ones to fast food restaurants such as KFC and McDonald's and processed the dead ones into animal feed."
Though the company was never fined by China food safety authorities for the incident, it caused KFC owner Yum! Brands to reconsider its overall 2013 profit outlook and now has it attempting to show the people of China that nothing quite like what happened last year will ever happen again. It t is promising “to test meat for banned drugs, strengthen oversight of farmers and encourage them to improve their technology,” the AP notes. Plus, KFC is saying that more than 1,000 small producers that its 25 poultry suppliers use have been axed. It is still planning to add 700 new locations in China this year. Continue reading...