FamilyMart news

16 October 2015
According to an article in the Bangkok post, convenience stores in Vietnam have increased by more than 260% since 2012. Expansion for Local and international operator In Vietnam, approximately 533 convenience stores are currently operating. With the rise of the middle class, the convenience market has gained traction. Customers are more willing to pay a premium for convenience and benefi...
09 October 2015
FamilyMart reported a 2.3% increase in net sales to JPY1,259bn (US$10.5bn) in H1, with Japanese sales rising by 7.6%. During the half, FamilyMart continued to grow its store network. The retailer opened 364 stores in Japan, reaching a total of 11,450 stores by the end of H1. Major metropolitan areas and new markets such as railway stations have been targeted. FamilyMart also continued to inve...
08 September 2015
Japanese convenience store operator Family Mart will buy 650 store convenience chain Cocostore for approximately JPY12bn (US$99.9m). Closure of unprofitable stores Cocostore is a well established local chain mainly operating in central and south western Japan. FamilyMart will buy all the shares from parent company Morita Enterprise. It plans to close unprofitable stores before converti...
30 July 2015
According to IGD research, the Vietnamese retail market is set to grow by 8.4% a year until 2020, making it one of the fastest-growing markets in south-east Asia.  Against a backdrop of increased disposable income, rapid urbanisation and an appetite for change among younger shoppers, we take a look at five trends defining the marketplace for pan-Asian retailers right now. 1. Confident inv...
16 July 2015
Leading Swiss retailer Migros reveals plans to sell private label products to Seiyu (Walmart Japan) and Lawson’s Seijo Ishii stores, reported the Nikkei Asian Review. Targeting JPY 2bn sales by 2020 Initially Migros will distribute 16 products with a premium focus, including ‘Swiss Delice’ cookies and iced tea. The products will be available in 400 supermarkets, under the Seijo Ishii a...
07 July 2015
FamilyMart unveils a new ‘Fun and Fresh’ initiative to boost fresh and ready-to-eat categories. Building core competence on high growth products FamilyMart plans to roll out the new strategy in its own stores, as well as UNY Group stores following the forthcoming merger. The initiative comprises of new product development and packaging design on its ready-to-eat ranges. This will incl...
06 July 2015
Amid a slowing economy and declining consumer confidence, the Indonesia Retailer Association is already forecasting a slowdown in sales growth during the current Ramadan period. Consumer confidence slowed again in June Indonesia recorded its slowest economic growth in five years at 4.7% in Q1 of this year. In line with this consumer confidence declined over the same period, before risin...
01 July 2015
Taiwanese retailer PX Mart has started accepting payment via Easycard, the widely used contactless card which was originally used for public transportation, in its 700+ stores in Taiwan. Easy checkout with Easycard Easycard is the ideal option for quick checkout of small amounts - shoppers can pay up to 1,000 TWD per transaction. There are currently 50 million cardholders in Taiwan and the ...
01 July 2015
Accelerating opening speed to pace market competition The retailer currently operates 40 stores, mainly concentrated in central Bangkok and the southern suburbs. However, it has announced an ambitious expansion target, Lawson expects to increase its presence nationwide and put pressure on its main competitors, 7-Eleven and FamilyMart. Lawson will also look to improve its in-store offer wit...
08 April 2015
Japanese convenience retailer FamilyMart reports non-consolidated total store sales up  8% to JPY 1.86tn in the year ending February 2015. Tough conditions and competition impact performance in Japan In Japan, FamilyMart faced a tougher performance compared to the previous year. Store openings slowed, with 781 net openings, against plans to add 1,200. Same store sales decreased -2.2...