FamilyMart UNY news

11 April 2018
In the fiscal year ending February 28, 2018, Japanese retailer FamilyMart UNY achieved gross operating revenues of JPY1,275bn, on par with what FamilyMart and Uny delivered altogether last year before the merger.   Bottom line remains challenging FamilyMart UNY posted a 0.6% YOY (including former UNY results) increase in operating revenue to JPY1,275bn, while operating income fell by 12.8% ...
05 April 2018
The second largest c-store operator in Taiwan, FamilyMart, is piloting a new store concept based on digital technology. Next-generation c-store concept Earlier this year, 7-Eleven launched its first unstaffed convenience store in Taiwan. FamilyMart has now decided to launch its own futuristic store, utilising robots, virtual reality interfaces, interactive projection screens, smart shel...
28 February 2018
Like its fierce rival Alibaba, JD.com has been moving into the offline space through partnerships and acquisitions to bolster its O2O strategy. The retailer's latest deal is collaboration with FamilyMart China, offering online purchase and delivery services from over 200 FamilyMart stores. Expanding physical presence JD’s new deal allows consumers to order products through its O2O grocery a...
18 January 2018
We round up the latest trading updates and news for Japan's four largest retailers. Seven & i on track for strong fiscal year Seven & i Holdings has released strong Q3 results, posting a 4.4% increase in operating revenue to JPY 4,479.7bn, with operating income rising 8% to JPY 295.7bn. Revenue from its domestic CVS operations grew modestly at 3.2%, with existing stores rising for the seven...
08 January 2018
Last October, Phoenix Petroleum Philippines Inc signed an agreement to acquire the entire share holdings of FamilyMart Philippines. The deal has now been approved by the Philippines Competition Commission (PCC), reporting that the transaction "does not result in substantial lessening of competition in the relevant market.” Phoenix to wholly own FamilyMart Phoenix Petroleum Philippines Inc, ...
06 December 2017
FamilyMart UNY may sell its operations in Hong Kong for reportedly US$100 mn (HK$781 mn). Post-merger strategy different between formats Since the merger of FamilyMart and UNY in September 2016, FamilyMart has moved quickly to convert Circle K and Sunkus convenience stores in Japan. The company is still on track to complete full integration by August 31st 2018. Raising average daily sales p...
04 December 2017
FamilyMart in Japan is set to diversify their services, with plans to enter the fitness industry by launching a 24-hour fitness club chain, Fit & GO, and offer launderette services at selected convenience stores.  Gyms near FamilyMart stores Linked to a FamilyMart store, the company plans to open the first Fit & GO gym in Tokyo’s Ota Ward from February 2018. 24-hour gyms are gaining popular...
28 November 2017
FamilyMart is the second largest convenience store chain in Taiwan, with over 3,100 stores nationwide. The use of mobile payments in China, accelerated by Alipay, is widely available in retail and we have seen an increasing number of cashless stores. In Taiwan, however, the introduction of mobile payment services has been much slower. We review FamilyMart's mobile payment services, recent develop...
30 October 2017
Phoenix Petroleum Philippines Inc has signed an agreement to acquire the entire share holdings of FamilyMart Philippines. The deal is now subject for approval by the Philippines Competition Commission. Simplifying ownership structure Earlier this month, FamilyMart Philippines' current owners, SSI Group Inc., Ayala Land Inc., Japan FamilyMart and Itochu Corporation listed the company for auc...
16 October 2017
FamilyMart UNY has published its financial results for the first half of fiscal 2017, posting a 199.5% increase in operating revenues to JPY633.6bn (US$5.6bn), with its operating income increasing by 66.3% to JPY33.4bn (US$298mn) due to the consolidation of the two companies. One year on... It has been just over a year since FamilyMart merged with UNY, and we have seen significant progress ...