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Ministop

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Ministop Co., Ltd.
Native name
ミニストップ株式会社
Minisutoppu kabushiki gaisha
Company typePublic
TYO: 9946
IndustryRetail (convenience stores)
FoundedMay 21, 1980; 44 years ago (1980-05-21)
Headquarters
AEON Tower, Mihama-ku, Chiba
,
Number of locations
5,177 stores (2021)
Number of employees
938 (2018)[1]
ParentAEON Group (53.8%):
  • AEON Co. (48.43%)
  • Cox Co. (2.36%)
  • ÆON Financial Services Co. (1.39%)
  • MaxValu Nishinihon Co. (1.35%)
Websiteministop.co.jp

Ministop Co., Ltd. (ミニストップ株式会社, Minisutoppu Kabushiki-gaisha) (TYO: 9946), a member of AEON, operates the Ministop convenience store franchise chain in Japan. Unlike most other convenience stores in Japan, Ministop stores feature a kitchen that prepares sandwiches, snacks and take out bento boxes on demand, and has a seating area where customers can sit down and eat immediately.

Products

The usual Japanese convenience store goods are available, such as magazines, manga comic books, soft drinks, contraceptives, onigiri ; services include bill payment, photocopying, ticket purchase for events and ATM access. Ministop also has its own unique brand of fast food. The menu varies according to season and periodical promotions. A typical selection might include hot dogs, sandwiches, frozen desserts such as soft serve ice cream, kariman and chūkamanSiopao-style buns with various fillings.

International operations

Ministop also operates in the Philippines (under Robinsons Malls[2]), China, Vietnam and Kazakhstan.[3][4]

South Korea

The first Ministop store in South Korea opened in November 1990 in Mok-dong,[5] as a joint-venture with Daesang Corporation; Ministop bought Daesang's stake in the venture in 2003. As of October 2017, there were 2418 operating Ministop stores.

In January 2022, Lotte Corporation acquired the entire stake of Ministop Korea Co. for 313.37 billion won ($263 million).

Philippines

A Ministop store in Angeles City, Philippines

In December of 2000, the Japan-based convenience store chain Ministop made its way to the Philippines, being brought to the country by Robinsons Retail Holdings, Inc. in partnership with Ministop Japan and Mitsubishi Corporation.

In January 2022, Robinsons Group assumed full ownership of the Ministop business in the Philippines with 460 branches.[6] On September 22, 2022, they announced that all Ministop stores in the country will be rebranded as Uncle John's. The name, coming from the fried chicken brand sold in those stores, was chosen after topping the naming contest which they earlier ran.[7][8][9]

References

  1. ^ "Corporate Profile". Ministop Co., Ltd. Retrieved 31 August 2018.
  2. ^ "ABOUT US: A SUBSIDIARY OF ROBINSONS RETAIL HOLDINGS, INC". Retrieved 16 November 2013.
  3. ^ "The MINISTOP circle is finding new friends around the world". Retrieved 16 November 2013.
  4. ^ "Ministop plans Kazakhstan shops". The Japan Times. 15 May 2012. Retrieved 16 November 2013.
  5. ^ "한국미니스톱(주) 기업정보 | 잡코리아". 한국미니스톱(주) 기업정보 | 잡코리아 (in Korean). Retrieved 15 April 2020.
  6. ^ "Convenience store chain Ministop pulls out of South Korea and Philippines". Nikkei Asia. Retrieved 24 January 2022.
  7. ^ "Ministop chain of stores is now Uncle John's". GMA News. 23 September 2022. {{cite news}}: |access-date= requires |url= (help)
  8. ^ Venzon, Cliff (24 January 2022). "Ministop Philippines to rebrand as Japanese partner exits". Nikkei Asia. Retrieved 18 February 2022.
  9. ^ Dumlao-Abadilla, Doris (25 January 2022). "Gokongweis to rebrand, recalibrate Ministop PH after takeover". Philippine Daily Inquirer. Retrieved 18 February 2022.