Tag Archives: Convenience Store

7-Eleven Japan aims for two-hour deliveries

nippon.com

(Source: Inside Retail Asia | May 15, 2018) A two-hour delivery service for smartphone orders is about to be launched by 7-Eleven Japan, the country’s biggest convenience-store chain. “Net Konbini” (using the commonly shortened form of “convenience store” in Japanese) plans to cover 7-Eleven’s entire Japanese network of around 20,000 stores, following a soft launch at 25 stores in Hokkaido ...

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Puregold leaves Lawson store chain, sells out to partner

puregold

(Source: Manila Standard | April 27, 2018) Puregold Price Club Inc. of retail Lucio tycoon is exiting the convenience store business, with the sale of its entire 70-percent stake in Japanese retail chaon Lawson four years after venturing into the business. Puregold said in a disclosure to the stock exchange it accepted the offer of partner Lawson Japan to buy ...

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Expansion plans for Alfamart Philippines

Alfamart-store

(Source: Inside Retail Philippines | April 5, 2018) Alfamart Philippines owner Sumber Alfaria Trijaya plans to add 150 more outlets to its present 400. The Indonesian convenience store’s president/director Hans Prawiraafter says a deal for financing has been signed with Standard Chartered Bank in Jakarta. He says the current outlets are in greater Manila, but following “significantly positive” market response ...

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Phoenix completes FamilyMart acquisition

(Photo from inquirer.net)

(Source: Manila Standard | January 11, 2018) Phoenix Petroleum Philippines Inc., a company led by businessman Dennis Uy, said Thursday it completed the acquisition of the entire shares of SIAL CVS Retailers Inc., FamilyMart Co. Ltd. and Itochu Corp. in Philippine FamilyMart CVS Inc. “A new exclusive area franchise agreement of the Family Mart branch of convenience store in the ...

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Ministop becomes the 1st convenience store to accept QR payments via GCash

gcash-ministop

(Source: Manila Bulletin | November 24, 2017) GCash, the pioneer in electronic payments using QR codes, partners with Ministop, one of the largest 24-hour convenience store chains in the Philippines, to promote and spread the benefits of cashless payments in the country. Ministop is a franchise of Ministop Co. Ltd., one of the largest convenience store chains in Japan. It ...

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Dennis Uy’s Phoenix Petroleum inks deal to buy FamilyMart

(Photo from inquirer.net)

Dennis Uy-led Phoenix Petroleum Philippines Incorporated announced a deal to acquire the Philippine unit of convenience store chain FamilyMart from Ayala Land Incorporated and SSI Group Incorporated. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, October 30, Phoenix Petroleum said that “a Memorandum of Understanding was signed on October 30, 2017 between Phoenix Petroleum and SIAL CVS ...

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FamilyMart chain for sale

(Photo from inquirer.net)

(Source: inquirer.net | October 9, 2017) The Philippine retailing business of FamilyMart, partly owned by the Ayala and Tantoco groups, is on the auction block, signaling a shakeout in the highly competitive local convenience store business. Several industry sources confirmed to the Inquirer that the local network of FamilyMart—which has around 72 stores to date—has been offered to prospective new ...

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Korean online mall sales lose traction

Smart phone online shopping in woman hand during Christmas. Shopping center in background. Buy clothes shoes accessories with e commerce web site

(Source: Inside Retail Asia | September 6, 2017) South Korean online mall sales growth has decelerated as competition grows more fierce, government data shows. There was a 3.6 percent increase in the combined revenue of 26 offline and online retailers to 10.22 trillion won (US$9 billion) in July, according to the Ministry of Trade, Industry and Energy. This gain marks ...

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‘Solid’ profit growth for Dairy Farm International

7-11-franchise

(Source: Inside Retail Asia | August 4, 2017) Dairy Farm International Holdings had solid profit growth in the first half despite lower sales in its supermarkets and hypermarkets, says chairman Ben Keswick. “While the rest of the year is expected to stay challenging for supermarket and hypermarket activities in Southeast Asia, the group’s other businesses continue to make steady progress.” ...

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All 7-Eleven stores in Indonesia withdrawn

7-11-franchise

(Source: IGD Retail Analysis| June 30, 2017) Modern Sevel, the operator and franchise holder of the 7-Eleven convenience stores in Indonesia, has closed all of its stores across the country. In 2015, the company wanted to use the franchise as a growth engine to reach more than ten times their current network to 2,500 stores by 2025. However, they have ...

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