Major Japanese convenience store operator Lawson has announced that it has agreed with industry peer Save On Corp. to change some 500 Save On outlets into Lawson stores by the end of 2018.
Store network expansion
Lawson, which has some 13,000 stores, lags industry leader Seven-Eleven Japan. and the recently merged FamilyMart UNY in terms of the number of outlets.
The addition of the Save On chain will not only expand Lawson’s network but also help improve its efficiency. Save On, based in Maebashi, has already changed 82 outlets into Lawson stores in Yamagata, Fukushima, Ibaraki, Toyama and Nagano prefectures. Under the new agreement, all remaining Save On outlets, in five prefectures, will become Lawson stores
2,000 stores in two years
Lawson will increase its stores by some 2,000 over the next two years, including the 500 Save On outlets, faster than the current annual pace of 600-700 outlets, President Sadanobu Takemasu told a press conference. He also expressed his intention to boost the total store number to 15,000 by the end of fiscal 2018, which closes in February 2019.
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