FamilyMart news

FamilyMart’s Thailand operator Central FamilyMart plans to open over 800 stores within next five years. Double the number of FamilyMart stores Central FamilyMart has announced that it aims to double the number of its convenience stores in Thailand from 1,116 to more than 2,000 by 2021. This is a clear attempt to upscale FamilyMart’s operation in Thailand, where the brand faces strong compet...

FamilyMart and Uny Group have completed a merger, creating the second largest convenience store operator in Japan, after 7-Eleven. Circle K Sunkus to be rebranded to FamilyMart The launch of FamilyMart Uny Holdings Co. marks a consolidation in an industry where retailers are facing intense competition to boost sales as the Japanese economy lacks strength and the population is expected to...

Taiwan’s two major convenience store operators have reported record-high sales for last month, with summer being a high season for the retail industry. PSCS strong performance across segments As 7-Eleven’s operator in Taiwan, President Chain Store Corp’s sales increased 7% to TWD19.0b (US$607.5m) last month, with aggregate sales in the first seven months rising 6.1% percent annually to TWD1...

FamilyMart, one of Japan’s leading convenience store operators, has posted a 3.1% increase in operating revenues to JPY102bn (US$986m) in Q1 2016, whilst its operating income has declined 5.9%, to JPY10bn (US$100m). Sales growth driven by new stores While FamilyMart has seen a 1% uplift in LFL store sales, the aggressive store expansion in Q1 is also a key driver of the company’s solid ...

FamilyMart and Uny Group, the operator of Circle K and Sunkus, have agreed to merge, forming the second largest convenience store chain in Japan. The combined number of convenient stores will reach 18,000, getting closer to 7-Eleven's 18,600 stores. The deal FamilyMart will absorb six units of UNY Group Holdings and change its name to FamilyMart Uny Holdings, effective September 1st. Conven...

Japanese convenience store operator, FamilyMart will mark its debut in Malaysia this year, after signing a master franchise agreement with local food processor QL Resources. Targeting 300 stores in five years QL Resources will develop and run FamilyMart convenience stores in Malaysia through its wholly owned subsidiary Maxincome Resources. The company said that the expansion into the conven...

Japanese convenience store chain FamilyMart has reported record high results in its group operating revenues and income for the fiscal year ending February 2016. Growth across key performance measures FamilyMart group operating revenues have grown 14% YoY, to JPY427.7bn (US$3.9bn), whilst its operating income climbed 21% to JPY48.7bn (US$449m). FamilyMart opened 328 new stores in t...

Retailers in Asia are increasingly exploring new ways to maximise the online opportunity through cross border trade and new online platforms. In this article we assess the latest developments from Walmart, Matahari and FamilyMart. China: 'Walmart Global Shop' launches Walmart China has launched a new cross border online service named Walmart Global Shop, which allows shoppers on the reta...

The four biggest Japanese convenience store chains – 7-Eleven Japan, Lawson, FamilyMart and Aeon’s Ministop – are backed by the government and planning to either expand or start their business in Vietnam. C-stores expansion fuels Japanese exports Representatives of the four companies revealed their plans, as they accompanied Japanese Minister of Economy, Trade and Industry to Ho Chi Minh Ci...

Hero Supermarket, Dairy Farm's subsidiary in Indonesia, has announced that it will sell its Starmart convenience store operations. FamilyMart Indonesia takes over Hero has signed a deal to sell 80 Starmart stores to PT Fajar Mitra Indah, an Indonesian food conglomerate that owns the FamilyMart franchise in the country. After the transfer, Starmart will trade under the FamilyMart bra...