FamilyMart news

FamilyMart UNY and Don Quijote are set to deepen their existing partnership in Japan. The deal Japanese discount retailer Don Quijote is planning to acquire the remaining 60% stake of UNY, after it had acquired 40% stake last year , to fully control the general merchandise store business. In exchange of UNY hypermarkets, FamilyMart UNY will acquire 20.2% stake in Don Quijote. The deal ...

Japan's four largest retailers, Seven & i Holdings, FamilyMart UNY, AEON and Lawson, have posted their results for the first quarter. Seven & i Holdings: steady at home, soaring overseas Seven & i recorded a 6.6% increase in total group sales to JPY2,851bn (US$25.6bn), with operating profit rising 2.7% to JPY86.3bn (US$774.7m) year-on-year for the three months ending 31 May.  Domestic co...

Having opened four stores in one day last month, FamilyMart is now celebrating its 100th store in Indonesia. Promoting TapCash payment FamilyMart is celebrating its 100th store in Indonesia by offering loyal customers discounts on three different items, priced at IDR100. Earlier this year, the retailer via BNI launched TapCash membership card for shopping, gift points, special discounts ...

FamilyMart UNY continues to collaborate with Don Quijote. The two retailers' collaboration has led to the opening a joint convenience store in the outskirts of Tokyo. Reliable and fun c-stores? FamilyMart and Don Quijote have opened their first joint convenience store in Tachikawa, Tokyo. The company plans to open two more joint convenience stores in the outskirts of Tokyo before the end of...

UNY has agreed a deal to withdraw its operations in Hong Kong as part of the Group's restructure post-merger of FamilyMart and UNY. The deal In December last year, FamilyMart UNY alluded to the possibility of selling its operations in HK . This has stalled until a recent update by the retailer, which has confirmed a deal with Henderson Land Development Company Limited to purchase of all...

In the fiscal year ending February 28, 2018, Japanese retailer FamilyMart UNY achieved gross operating revenues of JPY1,275bn, on par with what FamilyMart and Uny delivered altogether last year before the merger.   Bottom line remains challenging FamilyMart UNY posted a 0.6% YOY (including former UNY results) increase in operating revenue to JPY1,275bn, while operating income fell by 12.8% ...

The second largest c-store operator in Taiwan, FamilyMart, is piloting a new store concept based on digital technology. Next-generation c-store concept Earlier this year, 7-Eleven launched its first unstaffed convenience store in Taiwan. FamilyMart has now decided to launch its own futuristic store, utilising robots, virtual reality interfaces, interactive projection screens, smart shel...

Like its fierce rival Alibaba, JD.com has been moving into the offline space through partnerships and acquisitions to bolster its O2O strategy. The retailer's latest deal is collaboration with FamilyMart China, offering online purchase and delivery services from over 200 FamilyMart stores. Expanding physical presence JD’s new deal allows consumers to order products through its O2O grocery a...

We round up the latest trading updates and news for Japan's four largest retailers. Seven & i on track for strong fiscal year Seven & i Holdings has released strong Q3 results, posting a 4.4% increase in operating revenue to JPY 4,479.7bn, with operating income rising 8% to JPY 295.7bn. Revenue from its domestic CVS operations grew modestly at 3.2%, with existing stores rising for the seven...

Last October, Phoenix Petroleum Philippines Inc signed an agreement to acquire the entire share holdings of FamilyMart Philippines. The deal has now been approved by the Philippines Competition Commission (PCC), reporting that the transaction "does not result in substantial lessening of competition in the relevant market.” Phoenix to wholly own FamilyMart Phoenix Petroleum Philippines Inc, ...