FamilyMart news

09 October 2017
Convenience outlet, FamilyMart Philippines, a joint venture between SSI Group Inc., Ayala Land Inc., Japan FamilyMart and Itochu Corporation is reportedly up for sale. Reconsidering expansion strategy FamilyMart opened its first store in the Philippines in 2013 and quickly expanded its presence across the country. Now, it is reviewing its operations to grow its business further. Despite the...
30 August 2017
Almost one year on since the merger of FamilyMart and UNY, FamilyMart UNY has announced a new alliance, transferring 40% stake of their Uny banner in Japan to strong discount and general merchandise retailer Don Quijote. Exploiting Don Quijote's expertise in GM FamilyMart UNY's new agreement with Don Quijote is expected to be completed by November this year. This will see some UNY stores co...
12 May 2017
FamilyMart will review their operations in Thailand, Vietnam and Indonesia in search of profitability in these markets. Strong at home... FamilyMart are well accustomed to strategic acquisitions and partnerships. The merger of FamilyMart and UNY last September is a prime example of the retailer expanding their presence domestically to compete with the other major operators. At home, the ret...
19 April 2017
Five major convenience store operators in Japan will introduce self-checkout counters that can scan all items in a basket, instead of one by one. It is estimated that an investment of up to JPY100 bn (US$918.8m) will be needed for the implementation of the technology in 50,000 stores. Technology driving shopper efficiency Seven & I Holdings, East Japan Railway, Lawson, Ministop and FamilyMa...
12 April 2017
FamilyMart UNY has published their annual results,  posting a 109.3% increase in operating revenues to JPY894bn (US$8.1bn) in FY2016, with its operating income increasing by 15.0% to JPY56bn (US$510m) due to the consolidation of the two companies. Revisiting their existing stores The results are the first time that the company has published financial information following the merger of Fami...
10 March 2017
Philippine Seven Corp., 7-Eleven’s operator in the country, said that it plans to build 412 new stores this year, spending PHP3.5bn (US$70m) to PHP4bn (US$80m) in capital expenditures in 2017. 10,000 stores in 10 years Jose Victor Paterno, the company’s CEO, said that, out of 412 new store planned for 2017, half will be company-owned stores while the other half will be offered for franc...
15 November 2016
Japanese convenience store operator FamilyMart has opened its first store in Kuala Lumpur, Malaysia. 300 stores in five years FamilyMart has launched its first store in Malaysia as scheduled, through a licensing agreement with local food processor QL Resources, in a bid to tighten its grip on the growing Asian market. The store, located at Wisma Lim Foo Yong at Jalan Raja Chulan, ope...
05 October 2016
FamilyMart’s Thailand operator Central FamilyMart plans to open over 800 stores within next five years. Double the number of FamilyMart stores Central FamilyMart has announced that it aims to double the number of its convenience stores in Thailand from 1,116 to more than 2,000 by 2021. This is a clear attempt to upscale FamilyMart’s operation in Thailand, where the brand faces strong compet...
01 September 2016
FamilyMart and Uny Group have completed a merger, creating the second largest convenience store operator in Japan, after 7-Eleven. Circle K Sunkus to be rebranded to FamilyMart The launch of FamilyMart Uny Holdings Co. marks a consolidation in an industry where retailers are facing intense competition to boost sales as the Japanese economy lacks strength and the population is expected to...
11 August 2016
Taiwan’s two major convenience store operators have reported record-high sales for last month, with summer being a high season for the retail industry. PSCS strong performance across segments As 7-Eleven’s operator in Taiwan, President Chain Store Corp’s sales increased 7% to TWD19.0b (US$607.5m) last month, with aggregate sales in the first seven months rising 6.1% percent annually to TWD1...