FamilyMart news

12 July 2016
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 ...
27 May 2016
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...
13 April 2016
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...
07 April 2016
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...
04 April 2016
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...
22 March 2016
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...
25 February 2016
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...
04 February 2016
FamilyMart and UNY announced details of their management integration agreement, following the announcement of the two companies’ merger last year. Change of company names UNY Group will be merged into FamilyMart and the integrated company will change the name to “FamilyMart UNY Holdings Co., Ltd.” Meanwhile, FamilyMart’s convenience store business will be transferred to Circle K, a ...
22 January 2016
Japanese convenience store chains look set to grow their overseas business with support from the government under the new Pacific free trade agreement. Government-backed pact to help ease restrictions Four major convenience store operators -7-Eleven Japan, Lawson, FamilyMart and Aeon’s Ministop - have formed a council with the Japan External Trade Organization (JETRO). They will work to...
21 October 2015
Lotte Mart plans to open 50 new supermarkets in Vietnam by 2020. Quadrupling its store network The retailer that currently operates 11 supermarkets in Vietnam, is planning to increase its investment over the next five years. The supermarket expansion was announced by Hoong Soon Chang, the ViceConsul of the Republic of Korea and Lotte Mart Vietnam director general, Hong Won Sik. Latest ...