FamilyMart news

With the economic slowdown weighing on the retail industry in China, many retailers are easing up on the pace of store openings in 2014. Chinese chain CR Vanguard (China Resources Enterprise) said it plans to open 8 hypermarkets and 50 convenience stores in eastern China this year. The retailer currently operates 351 stores in the region. Lotte Mart, the largest retailer in South Korea annou...

.style1 { text-align: center; }.style2 { text-align: right; font-weight: normal; } Spring Festival, the biggest festival of the year in China, is not only a time for reunions, but also the busiest period in the Chinese retail calendar. During the last Spring Festival holiday in 2013, sales at stores and restaurants around the country surpassed RMB539 bn (USD89 bn). With all the gatherings a...

Following stronger recent trading FamilyMart has announced it will accelerate its Chinese store expansion plans.  Strategic turnaround a success This follows a previous move to temporarily slow down the pace of store openings in China, as the retailer was impacted by a slower economy. Over this time the retailer focused on driving profitability, from which FamilyMart is now benefiting. Nex...

Convenience developments from China, Japan and Taiwan from this key retailer. Launch of private label products in Taiwan In Taiwan, FamilyMart has introduced "FamilyMart Collection" private label products to its stores. The range incorporates 200 products, including daily essentials and food items. Online-to-offline developments Also in Taiwan, FamilyMart has partnered with Taobao, a...

Thailand's leading domestic retailer outlines plans for its Tops Daily and FamilyMart convenience formats. Conversion from Tops Daily banner: FamilyMart surpasses 1,000 stores Thailand's Central Retail Corporation operates supermarkets under the Tops banner, as well as premium Central Food Halls and Tops Daily convenience stores. Last year it acquired a majority share in the market's Famil...