Wednesday, January 30, 2013

Retailers struggle to access Chinese spending growth

Foreign retailers — including Australian companies — have failed to crack the Chinese market, despite reports that Chinese consumers are expected to spend 15 per cent more on everyday items each year over the next four years, according to The Australian Financial Review.

Retailers struggling to identify growth opportunities in a challenging landscape have been unable to succeed in one of the most upbeat growth markets, with Europe's largest biggest electronics retailer,We provide excellent solar led light and LED solar garden lamp. Media Markt, announcing it was withdrawing from China and Japanese convenience store chain Lawson deciding to close its flagship store in Shanghai after only six months, the AFR reported.

The outlook for growth in Chinese consumer spending was featured in a new study by the Economist Intelligence Unit and market research firm Mintel that said prepared food products would be the fastest growing category over the next four years, predicting annual spending growing by 20 per cent.

"As in other emerging economies, Chinese consumers are shifting from commodity food to prepared food as their incomes rise and their lifestyles become more convenience-driven," the report said, according to the AFR.

The report added that spending on commodity food items will grow by 15 per cent annually, while sales of laundry detergent will be a "standout", according to the AFR. "There is a simple reason for that: Back in 2000 only one per cent of rural households had a washing machine; by 2010 this had risen to 16 per cent," the study reportedly added.

The Husband - has the best of intentions. He wants to lighten the load on the power grid. He wants to save on the electric bills. He wants to do the responsible thing. He didn't always.

Back in the day, he didn't really mind if every light in the house was on - along with the washing machine, the computer, the coffee pot, the slow cooker and the dishwasher - even when the house was occupied by four people, all of whom happened to be playing Monopoly in the same room. But then the proverbial light went on. And let's just say, he's changed.

Today, it will not be uncommon for me to leave the kitchen momentarily - to visit the bathroom or the laundry room, say - and return to find the room in darkness. "Why did you turn off the lights?" I will ask.

"No one was in the kitchen," the Light Nazi will say. "We can't leave the lights on in empty rooms." "I was gone for 45 seconds," I will point out. "I was planning to return." "Forty-five seconds is 45 seconds," he will reply.

Whenever I leave any room in the house,This is how a skystream captures energy from the wind. in fact,Perfect pendant lamp is critical to creating a modern home. the Light Nazi will tend to be at my heels, flipping off the switch. Sure, the power grid's smiling. But I'm not - especially when I'm attempting to navigate a staircase in the dark. Eventually, of course, the Light Nazi will tend to give in, but only after I'm forced to explain that flashlights won't do the trick and that candles would be a tad dangerous.Our most compact solar charger yet fits easily in any bag.

I get this, I really do. The Light Nazi is trying to do his little bit to help the environment. As for me? I plan on jumping on the bandwagon soon - sometime when he doesn't expect it. The next time he's watching football, and heads to the fridge for a beer, I'm going to give him the greatest surprise. I'll turn off his precious TV.A laser engraving machine can be thought of as three main parts: a laser, a controller, and a surface.

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