FamilyMart

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FamilyMart Co., Ltd.
株式会社ファミリーマート
Romanized name
Kabushiki-gaisha Famirīmāto
KK
Traded as TYO: 8028
Industry Convenience stores
Founded September 1973 (1973-09) in Sayama, Japan
(incorporated September 1, 1981 (1981-09-01))
Founder Seiyu Group
Headquarters Toshima, Tokyo, Japan
Number of locations
24,243[1] (2017)
Areas served
Japan
Taiwan
China
Philippines
Thailand
Vietnam
Indonesia
Malaysia
Key people
Isamu Nakayama (President)
Revenue JPY 477.5 bn[2] (2017)
JPY 42.8 bn (2017)
JPY 21.9 bn (2017)
Total assets JPY 730.3 bn (2016)
Total equity JPY 295.2 bn (2016)
Number of employees
16,601 (2017)
Parent FamilyMart Uny Holdings Co., Ltd.
(Major owner: Itochu (39.40%))[3]
Subsidiaries Famima!!
Website www.family.co.jp (in Japanese)

FamilyMart Co., Ltd. (株式会社ファミリーマート, Kabushikigaisha Famirīmāto) is a Japanese convenience store franchise chain. FamilyMart is Japan's second largest convenience store chain, behind 7-Eleven. There are now 24,243 stores worldwide in Japan, Taiwan, China, Philippines, Thailand, Vietnam, Indonesia and Malaysia.

FamilyMart is subsidiary of FamilyMart UNY Holdings, Ltd. which also owns supermarket chain Uny. The main shareholder is Itochu with a stake of 37.66%.[4] Its headquarters is on the 17th floor of the Sunshine 60 building in Ikebukuro, Toshima, Tokyo.[5] There are some stores in Japan with the name Circle K Sunkus under the operation of FamilyMart.

All of the usual Japanese convenience store goods such as basic grocery items, magazines, manga, soft drinks, alcoholic drinks like sake, nikuman, fried chicken, onigiri, and bento are available. FamilyMart is known for its distinctive jingle, which is played upon entering the store.[6].

In South Korea the original stores are now called CU and operated separately by BGF Retail. It used to be the largest chain store in South Korea.

Growth and development

FamilyMart in Tokyo, Japan
FamilyMart in Kansai University, Japan

The first FamilyMart opened in Sayama, Saitama Prefecture in 1973.[7]

FamilyMart currently has franchise stores in Malaysia, Philippines, Thailand, Indonesia, Taiwan, China, and Vietnam.

In October 2013, FamilyMart opened its 10,000th store in Japan.[7][8] Operations in certain parts of Asia, especially China, continue to expand.[9]

As of January 2018, there are 24,243 stores worldwide, with fast growth in Asia outside Japan. There are 17,409 stores in Japan, 3,165 stores in Taiwan, 2,177 stores in China, 1,138 stores in Thailand, 66 stores in the Philippines, 165 stores in Vietnam, 87 stores in Indonesia, and 37 stores in Malaysia.

FamilyMart has stores located in all prefectures of Japan, while 7-Eleven does not have stores in Okinawa Prefecture.

The stores in China are located at these cities: Shanghai, Suzhou, Shenzhen, Guangzhou, Hangzhou, Chengdu, Wuxi, Beijing and Dongguan.

Overseas operations

FamilyMart in Kaesong, North Korea
A FamilyMart store at Beach Road, Pattaya in Thailand

Malaysia

On 11 November 2016 at 11am, FamilyMart opened its first Malaysia's store at Wisma Lim Foo Yong in Bukit Bintang, Kuala Lumpur. It has become popular because it is the first convenience store selling soft serve ice cream and fresh snacks.[10]

FamilyMart Malaysia are owned by QL Resources Bhd and Maxincome Resources Sdn Bhd. They had a 20-year agreement with FamilyMart Co Ltd.[11]

All of FamilyMart Malaysia's food service and ready-to-eat selections are made with halal ingredients only. The service is currently in the midst of the halal application process with JAKIM. The products available in FamilyMart that are Halal certified will carry the Halal logo on its packaging. For products that are imported from Japan, Korea or Taiwan, the product ingredients will be vetted to ensure that no haram ingredients such as pork, lard or alcoholic substance were used. Customers can read the ingredients information on the food or drinks packaging before purchasing to ensure hassle-free consuming.[12]

As of November 2018, there number of stores has almost doubled compared to January from 37 to 70 FamilyMart stores at major business areas of Klang Valley in Malaysia. Locations include Sunway Velocity, MyTown, Changkat Bukit Bintang, Resorts World Genting and Mid Valley Megamall.[13] By 2025, there will be 1000 stores nationwide, bringing the "konbini"(Japanese convenience store) concept to Malaysia.[14]

South Korea (now operated separately as CU)

At the end of May 2012, the number of operating FamilyMart stores had reached 7,271. In June 2012, FamilyMart of South Korea, which was being run by FamilyMart Corporation and BGF Retail, was renamed and converted to 'CU' under ownership of BGF Retail after an order coming from BGF Retail that required FamilyMart to leave the South Korean market, and to cease operations there.[15] At the end of March 2014, FamilyMart withdrew from the South Korean market completely. The stores are now called CU. The motto is "Convenience for you".

In addition, South Korean franchisees had operated a number of stores at Kaesong Industrial Region and Mount Kumgang Tourist Region in North Korea for South Korean visitors and workers, all the stores are now closed.

Philippines

FamilyMart was launched in the Philippines on April 7, 2013[16] under the ownership of Ayala Corporation, Rustan's Group and Itochu.[17][18][19] Its first Philippine branch, opened on April 22, 2013, is located at the Glorietta 3 mall in Makati. There are now 66 stores in the Philippines.

Taiwan

A Taiwan FamilyMart is on the right, while another convenience store is right across the street.

In May 2012, there were around 9,255 convenience stores in Taiwan, which was equivalent of one store per 2,500 people. This is the highest number per capita in the world, and the number is still rising. 7-Eleven is the most popular convenience store in Taiwan, while FamilyMart is the second.

As of January 2018, FamilyMart has a total of 3,165 stores in Taiwan, which accepts the highest bill payments of convenience stores in Taiwan, with over 100 million bills per year.[20]

United States (Famima!!)

Beginning in July 2005, FamilyMart began building and opening several stores in Los Angeles, California, the first of 250 planned for the United States by 2009. The North American brand name is "Famima!!".

In November 2010, FamilyMart announced it would freeze the number of locations in the United States to 10 stores due to the difficult economic environment.

Only 9 stores operated at the peak of business, and the company withdrew from the US market in 2015, shuttering the remaining 8 open stores.[21]

Vietnam

FamilyMart opened its first store in Vietnam in 2009, starting in Ho Chi Minh City.[22] Initially the stores were operated in a joint venture with Vietnamese distributor Phu Thai Group, after 2013, both companies went their own way, and Phu Thai Group took over a number of FamilyMart stores and started operating them under its own brand B's Mart. As of 2017, FamilyMart operated 130 stores in Ho Chi Minh City.[23]

Solar power

FamilyMart has had solar power at some of its stores since at least 2004.[24] It aims to increase its solar energy footprint in the future. There are around 45,000 convenience stores in Japan. Lawson run just under 10,000, a market share just behind 7-Eleven, who have about 13,000 stores. Currently, only 20 of Lawson's stores are equipped with solar equipment, but they plan to expand that number ahead of the 1 July 2012 introduction of a "feed-in tariff system", which the government and electricity companies say guarantees purchases of electricity from renewable sources such as solar or wind generators. Surplus power can be sold only after in-store lighting and air-conditioning have been powered.[25]

Automatic cashiers

On 30 January 2006, FamilyMart began trials of an automatic cashier station at one of its Tokyo stores in cooperation with Itochu and Toshiba. Special tags on items in the customer's shopping basket are remotely and instantly sensed at the register.

Labor Commission case by franchise owners

Seventeen convenience store owners of FamilyMart stores formed a union and requested collective bargaining with the company. They were refused and sued. In April 2015 the Central Labor Commission of Japan found that FamilyMart had violated the Trade Union Law by refusing to negotiate with the union. The franchise owners were recognized as employees under the trade union law, and the company was ordered to pledge to the union that it would not repeat the offence.[26][27]

See also

References

  1. ^ Includes franchise and overseas stores. "地域別店舗数 (2015年4月30日現在)". FamilyMart. Retrieved 9 June 2015.
  2. ^ Corporate revenue; total chain revenue was JPY 3,009 bn.
  3. ^ "株式の状況". FamilyMart. Retrieved 9 June 2015.
  4. ^ Change in Largest Shareholder of FamilyMart Co., Ltd, September 2009
  5. ^ "Company Information." FamilyMart. Retrieved on April 7, 2010.
  6. ^ "ThatsMags.com Shanghai." Retrieved on November 9, 2018.
  7. ^ a b "FamilyMart joins 10,000 outlets in Japan club". The Japan Times. 16 October 2013. Retrieved 19 October 2013.
  8. ^ "FamilyMart stores top 10,000 in Japan". The Japan News. 17 October 2013. Retrieved 19 October 2013.
  9. ^ Topham, James (November 25, 2010). "FamilyMart to stay in US, China pace picks up, Reuters UK, November 25, 2010".
  10. ^ "Now open: First FamilyMart in KL". TimeOut Kuala Lumpur.
  11. ^ "QL Resources targets four FamilyMart stores by year end". The Star.
  12. ^ "FamilyMart Malaysia's statement on Halal applications". FamilyMart Malaysia's Facebook page.
  13. ^ "FamilyMart Malaysia - Our Stores". 20 July 2017. Retrieved 20 July 2017.
  14. ^ "Japan's FamilyMart eyes 1,000 Malaysian stores by 2025". Nikkei Asia. Archived from the original on 2016-12-03.
  15. ^ "2013 대한민국 브랜드스타 CU, 울릉도·백령도…한국형 편의점 전국 7000개". Archived from the original on 2014-10-25.
  16. ^ "FamilyMart to open store in the Philippines, FamilyMart Glorietta3 outlet ready to welcome its first customers". FamilyMart. April 5, 2013. Retrieved April 26, 2013.
  17. ^ Ayala Land, Rustan's to bring in FamilyMart to challenge 7-Eleven, MiniStop
  18. ^ Japan's FamilyMart firms up Philippine investment (News5)
  19. ^ ファミリーマート、伊藤忠商事、AyalaグループとRustanグループの合弁会社“SIAL”の3社がフィリピンにおけるファミリーマートの展開で合弁契約を締結 (FamilyMart, Itochu, Ayala-Rustan's JV company "SIAL" join forces to launch FamilyMart in the Philippines) (FamilyMart)
  20. ^ "No simple stereotype of Taiwan's young people". Taiwan Insights. Retrieved 8 May 2014.
  21. ^ http://www.cspnet.com/industry-news-analysis/corporate-news/articles/famima-closing-its-doors-exiting-us
  22. ^ "Japan's FamilyMart seeks growth in Vietnam". 22 April 2009.
  23. ^ "Japan's FamilyMart may limit investment in Vietnam following losses". 11 May 2017.
  24. ^ Yuasa, Izumi "DoCoMo tower runs on wind, sunlight". The Japan Times, September 15, 2004. Retrieved on September 26, 2012.
  25. ^ Tokyo Weekender Solar Convenience Stores May 9, 2012 Retrieved on September 26, 2012
  26. ^ Convenience store owners recognized as workers April 16, 2015 Archived April 27, 2015, at the Wayback Machine. Mainichi Shimbun Retrieved April 20, 2015
  27. ^ FamilyMart Ordered to Accept Labor Talks with Franchisees April 16, 2015 Jiji Retrieved April 20, 2015

External links

  • Official website (in Japanese)
  • Official website (in Vietnamese)
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