FamilyMart news

We round up the latest trading updates and news for Japan's four largest retailers. Seven & i posts 13.2% increase in revenue Seven & i Holdings has released a strong set of Q3 results, posting a 13.2% increase in operating revenue to JPY5,072.3bn, with operating income up 2.9% to JPY304.2bn. Revenue from its domestic CVS operations grew modestly at 2.9%, with existing stores rising for the...

FamilyMart UNY has failed to secure enough shares to make Don Quijote an affiliate. The discount operator, however, will proceed with its plan to make UNY a fully owned subsidiary. Businesses will continue to share strengths and know-how In the deal announced in October , FamilyMart UNY was to purchase a 20.17% stake in Don Quijote. FamilyMart UNY has released a statement to confirm t...

FamilyMart UNY has released a statement today to confirm a deeper partnership with Don Quijote in Japan. Details of the deal FamilyMart UNY will acquire 20.17% stake in Don Quijote in exchange of its 60% stake in UNY hypermarkets. This will mean Don Quijote will wholly own and operate UNY, after acquiring 40% stake of the business last year. Last month, we outlined the full details on what ...

We have seen several retailers across Asia launch their own e-wallets recently, including AEON in Malaysia, and FamilyMart and Carrefour in Taiwan. AEON launches its own e-wallet Earlier this year, AEON introduced its e-wallet app. Available to download on Google Play and Apple App store, AEON's e-wallet allows shoppers to pay and earn points at participating AEON stores (AEON Big Hypermark...

Japan's four largest retailers, Seven & i Holdings, FamilyMart UNY, AEON and Lawson, have posted their results for the first half. Seven & i Holdings: 8.2% total Group sales growth Seven & i has recorded a 8.2% increase in total Group sales to JPY5,950bn, with operating profit rising 2.6% to JPY199,610bn year-on-year for the six months ending 31 August.  Domestic convenience store operat...

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...