Japan news

28 February 2020
FamilyMart Japan has formulated a 2050 Environmental Vision. It includes medium- to long-term goals for 2030 and 2050, which focuses on reducing carbon footprint to realise a more sustainable society.   Three key areas of focus FamilyMart Environmental Vision 2050 comprises targets organised under three themes: reduce greenhouse gases, plastic countermeasures and reduce food wastage.  ...
20 February 2020
FamilyMart Japan has announced that one in seven of its employees will take up an early retirement offer. Structural reforms FamilyMart said that 1,025 employees aged 40 or over at its headquarters will leave the company at the end of March - more than its target of 800. The firm has some 7,000 employees. FamilyMart says the early retirement program will enable it to cut personnel spendi...
20 February 2020
Lawson is launching a checkout-free convenience store that will allow shoppers to make purchases via a smartphone app. How does it work? The new store is located in a Fujitsu Ltd. office building in Kawasaki, Japan. It will open exclusively for Fujitsu employees on 26 th February. Lawson will monitor the stores' operations until the end of May before opening a similar store to the general ...
07 February 2020
Lawson Japan will provide franchise store owners with subsidies in fiscal 2020 (April), according to Jiji Press. Incentives to support franchise owners Lawson will give JPY40bn (US$364.4m) per month to franchise owners who run one store for a period of one year. Owners who start operating multiple stores within a year will be able to receive subsidies for up to three years. The initiative w...
07 February 2020
FamilyMart Japan has revealed that operating profits fell 59% at around 600 stores. This was part of a trial conducted from October to December to reduce business hours, with stores closed during late-night hours. Mixed results during trial At stores that halted late-night operations every day during the trial, labour costs fell 11% on average YoY, but sales dropped 6.7%. 41% of stores secu...
03 February 2020
Japanese drugstore chains Matsumoto KiYoshi and Cocokara Fine are set to merge. New business entity Matsumoto KiYoshi began talks with Kanagawa-based Cocokara Fine on a deal last year. The two businesses are set to merge, creating a new business entity if approved by the boards of both sides. Deal to complete by October 2021 The transaction is expected to be completed by October nex...
24 January 2020
7-Eleven has reached another major milestone, surpassing 70,000 stores globally. Customers at the heart Joe DePinto, 7-Eleven Inc.’s President and CEO, said, "Over 93 years we've grown from a small local ice house in Oak Cliff, Texas, to a global and iconic brand that is 70,000 stores strong […] that strength is due to a relentless focus on meeting the needs of our customers. We'll continu...
20 January 2020
Global Meets has opened Japan’s first fully dedicated vegan store in Taito City ward in Tokyo. Convenience and foodservice vegan format Like typical convenience stores, Vegan Store stocks a mix of Japanese and imported products. However, these are 100% plant-based and gluten, onion, alcohol and MSG free. Shoppers can find hot food and products like soft serve vegan ice-cream, vegan chees...
16 January 2020
Rakuten and Walmart's Seiyu are planning to open a new logistics site in Yokohama, Japan, later this year. New site to service growing online sales The new logistics site will service growing online sales from Rakuten Seiyu Netsuper. The platform recorded a 30% sales increase year-on-year between late October and end of December. High delivery and logistical costs in Japan have historica...
10 January 2020
Japan's four largest retailers, Seven & i Holdings, AEON, FamilyMart and Lawson, have posted their results for the nine months ending 30 November 2019. Seven & i Holdings: total sales flat at 0.1% Seven & i recorded a 0.1% increase in total group sales to JPY9,019.3bn (US$82.4bn), with operating profit rising 4.9% to JPY319bn (US2.9m) year-on-year (yoy). Revenue from domestic convenience...