Bain in the news

  • Why China's home consumption of consumer goods is...

    June 20, 2017 | Retail | CNBC | Media mention

    Chinese people are consuming more goods outside compared to at home, says Bruno Lannes, a partner with Bain & Company.

  • Amazon's Whole Foods Deal Turns Spotlight on France's Carrefour

    June 20, 2017 | Retail | Bloomberg | Media mention

    French grocer Carrefour named a new chief executive officer this month. His mission is to expand his new employer’s online presence while revamping its tired hypermarkets. “The hypermarket concept needs to be fundamentally rethought in terms of what it’s bringing to the market and in terms of

  • Multinationals losing battle for Chinese consumers

    June 20, 2017 | Retail | Financial Times | Media mention

    Chinese consumer companies, generally family-run, are more focused on their home market. But they can be “as innovative or more innovative than western companies,” while multinationals are “on the verge of becoming or have become bureaucracies,” said Bruno Lannes a partner with Bain & Company.

  • China’s rich see wealth jump to $24.2tn

    June 20, 2017 | Financial Services | Financial Times | Media mention

    Sweeping reforms to China’s wealth management market this year, as well as a crackdown on high-risk investment products sold by insurers, accounted for part of the deceleration in growth. “Some of the factors are less investment in bank wealth management products and insurance products, but this

  • Bain & Company Remains Committed to International MBA Hires Amid H1-B Uncertainty

    June 19, 2017 | Firm Strategy | ClearAdmit | Media mention

    “Our number one priority is finding the best students on campus and getting them into Bain—wherever they come from," said Keith Bevans, a partner with Bain & Company and the head of the firm's consultant recruiting.

  • With Whole Foods in the Cart, Amazon Now Faces the Hard Part

    June 19, 2017 | Retail | The Wall Street Journal | Media mention

    Making sure fresh groceries stay that way through transit is challenging yet crucial for attracting shoppers. “It’s really the fresh categories such as produce and meat that are driving people’s decision of where to shop,” said Kent Knudson, a partner with Bain & Company.

  • America’s grocery market: A Lidl late?

    June 17, 2017 | Retail | The Economist | Media mention

    In America, too, sales at conventional grocers such as Kroger are stagnant. Bain & Company expects deep discounters to grow by 8-10% each year between now and 2020, five times as fast as traditional grocers.

  • Amazon to Buy Whole Foods in $13.4 Billion Deal

    June 16, 2017 | Retail | The New York Times | Media mention

    “The Whole Foods acquisition provides them more physical locations,” said Mikey Vu, a partner with Bain & Company who is focused on retail. “They’re going to be within an hour or 30 minutes of as many people as possible.”

  • German Discount Grocer Aldi Sets U.S. Expansion Plan; Aldi says it will open nearly 900 stores, invest $5 billion over five years

    June 12, 2017 | Retail | The Wall Street Journal | Media mention

    Deep discount chains in the U.S. are expected to grow by up to 10% a year through 2020, five times the rate of traditional grocers, according to a recent report by consulting firm Bain & Company. "It should absolutely be more than scary to traditional grocers and retailers," said Mikey Vu, a

  • U.K.'s Hung Parliament Raises Business Hopes for a Softer Brexit

    June 12, 2017 | Macro Trends | Bloomberg | Media mention

    One of the biggest challenges for business leaders since the referendum has been the uncertainty over whether the U.K. would remain in the single market or fall out and face tighter immigration controls, said Michael Garstka, a partner with Bain & Company.