FamilyMart UNY news

16 August 2019
FamilyMart UNY Holdings is planning increase its stake in Pan Pacific International Holdings (PPIH) Corporation. Not the first acquisition attempt… Earlier this year, FamilyMart UNY failed to secure enough shares to make PPIH’s Don Quijote an affiliate. It is unclear how the potential deal might impact Don Quijote should it go ahead.  FamilyMart UNY Holdings currently owns a total of 7,72...
06 August 2019
FamilyMart is opening about 40 new stores in railway stations in Taiwan this year. Providing travellers convenience FamilyMart has opened three new stores at Badu, Wanhua, and Luodong stations. Two more outlets are set to open at the main Taipei station, with another 32 planned for 23 stations within the next few months. Due to space limitations, the new stores are generally smaller than...
11 July 2019
Japan's four largest retailers, Seven & i Holdings, Aeon, FamilyMart and Lawson, have posted their results for the first quarter. Seven & i Holdings: total sales up 1.5% Seven & i recorded a 1.5% increase in total group sales to JPY2,894.8bn (US$26.6bn), with operating profit rising 4.6% to JPY90.3bn (US$832.6m) year-on-year (yoy) for the three months ending 31 May.  Domestic convenience...
03 July 2019
FamilyMart Taiwan has launched a new range of biodegradable tableware under the FamilyMart Collection. Environmental-friendly policies The new line of eco-friendly products includes, cups, plates, bowls and straws made entirely from bamboo fibers. These can also be safely combusted without emitting any toxic substances when they undergo the recycling process. New eco-friendly dishwashing so...
01 July 2019
Japan’s second largest convenience chain, FamilyMart, has launched its own smartphone payment system today (July 1). Convenience for shoppers The app, FamiPay, allows customers to conveniently pay for goods via their smartphones. It will eventually integrate FamiPort services, e.g. pay parking fees, bills and tickets via the app. To encourage usage, the retailer will rebate (for the firs...
15 May 2019
Phoenix Petroleum, owned by Dennis Uy, is acquiring Circle K in the Philippines. Acquisition through Philippines FamilyMart Phoenix Petroleum’s subsidiary Philippine FamilyMart CVS Inc. is in the process of acquiring Circle K in the Philippines. The acquisition aims to help FamilyMart drive future growth, with Circle K stores set to be rebranded to the FamilyMart banner over the next few mo...
15 May 2019
FamilyMart is reportedly suing to end its partnership with Taiwanese conglomerate Ting Hsin Group in China. Dispute over royalties and visibility FamilyMart has accused Ting Hsin of failing to arrange a fair share for profits it earned from its business in China, and not providing adequate information on the venture’s profitability. More about the partnership FamilyMart first establis...
25 April 2019
The three leading convenience store chains in Japan are facing increasing challenges to hiring staff for their stores. Labour shortages driven by the country's ageing population is deepening and retailers opening new stores require new workers. Discounts and benefits for workers The current approach for many convenience store operators is to incentivise workers with benefits and discounts. ...
17 April 2019
We round up the latest trading updates and news for Japan's four largest retailers, Seven & i Holdings, FamilyMart UNY, Lawson and AEON. Seven & i posts 12.5% increase in revenue Seven & i Holdings has released a strong set of annual results (ending 28 February 2019), posting a 12.5% increase in operating revenue to JPY6,791.2bn (US$60.7bn), with operating income up 5.1% to JPY411.5bn (US$3...
06 March 2019
AEONs Maxvalu in Hiroshima and a handful of 7-Eleven stores are reducing their operating hours in Japan. Maxvalu in Hiroshima ending 24-hour operations Maxvalu Nishinihon, a Hiroshima-based subsidiary of AEON, is ending 24-hour operations for 25 stores later this month. The company plans to refocus its staff members' attention on improving customer service. The move should also help the bus...