Uny to pull out of China
Uny will sell off its interests in China, as consolidation of the retailer’s business continues post-merger with Familymart.
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E-commerce sales to China expected to hit ¥2 trillion by 2019
METI estimates that cross-border e-commerce sales from Japan to China will hit ¥2 trillion by 2019, up from ¥795 billion in 2015 – a figure that jumped by a third from the year before. Multiple companies, notably apparel retailers and brands, are now setting up online stores in Chinese, with some targeting online sales before…
FamilyMart’s Plan to Turn Checkouts into Ad Screens
FamilyMart is betting that data, not sandwiches, will drive its next wave of growth. Its “FM²” strategy fuses a saturated store network with “FamilyMedia Vision” (FMV), a data-rich layer built on 30 million registered FamiPay users and 55 million registered Life-Live IDs, covering well over half of Japan’s adults. By mining this daily purchasing data,…
Shoppers become advertising assets for FamilyMart
FamilyMart is recasting itself as a data-rich media network, not just a convenience store chain. FamilyMart now has access to purchase data from 23 million daily shoppers, plus a further 30 million IDs from its data partners. It aims to almost triple digital advertising revenues to JPY 40 billion by FY2030, leveraging its FamiPay app and in-store…
- drugstores | gms | Retail
Innovative Partnership between Sugi and Trial for Tenant Expansion and Mutual Product Supply in Pharmacies
Sugi Holdings and Trial Holdings announced a comprehensive partnership where Sugi pharmacies will open outlets in Trial Group’s stores, enhancing convenience for customers. Additionally, Trial will receive health and beauty products from Sugi, while sharing expertise in product assortment and shelf management. This collaboration aims to create specialised Trial stores and introduce efficient store operations…
FamilyMart’s coaching gambit pays dividends
Japanese convenience-store chain FamilyMart has deployed “Coaching HQ“, a budget training scheme costing just JPY 50,000 per firm, to cultivate initiative amongst its earnest but passive workforce. The programme offers some 20 modules tailored to corporate needs. Early results proved encouraging: engagement scores surged in two regions where managers completed the course. The experiment reflects…
Familymart to sell 48 SKUs of Kanebo Media cosmetics
From 13 September, Familymart will become the first conbini to sell a range of Kanebo Media cosmetics. The brand has been around since the 1990s and is popular with women in their 40s. 48 cosmetics SKUs will go on sale in almost 19,000 stores nationwide. For more detailed news and analysis on Japanese retail, visit…