FamilyMart

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FamilyMart Co., Ltd.
株式会社ファミリーマート
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
17,065[1] (2015)
Areas served
Japan
Taiwan
China
Philippines
Thailand
Vietnam
Indonesia
Malaysia
Korea (Kaesong Industrial Region)
Key people
Isamu Nakayama (President)
Revenue JPY 477.5 bn[2] (2017)
JPY 42.8 bn (2017)
Profit 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 Ltd.
(major owner: Itochu (35.84%)[3])
Subsidiaries Famima!!
Website www.family.co.jp (in Japanese)

FamilyMart (ファミリーマート, Famirīmāto) is a Japanese convenience store franchise chain. FamilyMart is Japan's second largest convenience store chain, behind 7-Eleven. In South Korea the stores are now called CU (under ownership of BGF Retail, headquartered in Seoul, South Korea) and used to be the largest chain store in South Korea.

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]

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.

Growth and development[edit]

FamilyMart in Tokyo, Japan
FamilyMart in Kansai University, Japan

The first FamilyMart opened in Sayama, Saitama Prefecture in 1973.[6]

FamilyMart has franchise stores in Malaysia, Philippines, Thailand, South Korea (Now called "CU" under BGF Retail), Indonesia, Taiwan, China (Shanghai, Guangzhou, Shenzhen and Suzhou), the United States, and Vietnam (Ho Chi Minh City).[7] In addition, South Korean franchisees operate two stores in North Korea for South Korean visitors and workers in the Kaesong Industrial Region and Mount Kumgang Tourist Region.

As of 31 August 2009, there were 22,444 stores worldwide, with fast growth in Asia outside Japan. There were 9,641 stores in Japan, 7,964 stores in South Korea ("CU" under BGF Retail), 2,952 stores in Taiwan, 1,306 stores in China, 1,193 stores in Thailand, 91 stores in the Philippines, 71 stores in Vietnam, 63 stores in Indonesia, and 9 stores in the USA.

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. However, operations in certain parts of Asia, especially China, continue to expand.[8]

In October 2013, FamilyMart opened its 10,000th store in Japan.[6][9]

Overseas operations[edit]

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

South Korea (CU)[edit]

In June 2012, FamilyMart of South Korea, which was being run by FamilyMart Corporation and BGF Retail, was renamed "CU" (under ownership of BGF Retail, headquartered in Seoul, South Korea) after an order coming from BGF Retail that required FamilyMart to leave the South Korean market, and to cease operations there. However, FamilyMart has considered a return to the South Korean market in the future.[10]

CU (former South Korean FamilyMart stores under ownership of BGF Retail) had a total of 7,950 stores nationwide in 2013.[11] The motto is "Convenience for you".

Philippines[edit]

FamilyMart was launched in the Philippines on April 7, 2013[12] under the ownership of Ayala Corporation, Rustan's Group and Itochu.[13][14][15] Its first Philippine branch, opened on April 22, 2013, is located at the Glorietta 3 mall in Makati.

Taiwan[edit]

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

As of May 2012, there were around 9,255 convenience stores in Taiwan, which is 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. In 2012, FamilyMart has a total of 2,851 stores in Taiwan, which accepts the highest bill payments of convenience stores in Taiwan, with over 100 million bills per year.[16]

United States (Famima!!)[edit]

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!!".

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.[17]

Malaysia[edit]

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.[18]

As of November 2017, 25 FamilyMart stores were opened in Malaysia, including stores in Sunway Velocity, MyTown, Changkat Bukit Bintang, Resorts World Genting, Mid Valley Megamall and 20 other locations across the Klang Valley.[19] By 2025, there will be 1000 stores nationwide, bringing the "konbini"(Japanese convenience store) concept to Malaysia.[20]

FamilyMart Malaysia are owned by QL Resources Bhd and Maxincome Resources Sdn Bhd. They had a 20-year agreement with FamilyMart Co Ltd.[21]

All of FamilyMart Malaysia's food service and ready-to-eat selections are made exclusively with halal (permitted by the Islamic law) ingredients only. They are 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, They will carefully vetted the product ingredients to ensure that no haram (forbidden by the Islamic law) ingredients such as pork, lard or alcoholic substance were used. They advised their customers to read the ingredients information carefully on the food or drinks packaging before purchasing to ensure hassle-free consuming.[22]

Solar power[edit]

FamilyMart has had solar power at some of its stores since at least 2004.[23] 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.[24]

Automatic cashiers[edit]

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[edit]

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 to repeat the offence.[25][26]

See also[edit]

References[edit]

  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. ^ a b "FamilyMart joins 10,000 outlets in Japan club". The Japan Times. 16 October 2013. Retrieved 19 October 2013. 
  7. ^ U.S. about page lists countries FamilyMart operates in
  8. ^ Topham, James (November 25, 2010). "FamilyMart to stay in US, China pace picks up, Reuters UK, November 25, 2010". 
  9. ^ "FamilyMart stores top 10,000 in Japan". The Japan News. 17 October 2013. Retrieved 19 October 2013. 
  10. ^ "FamilyMart calling it quits in South Korea". 
  11. ^ "2013 대한민국 브랜드스타 CU, 울릉도·백령도…한국형 편의점 전국 7000개". Archived from the original on 2014-10-25. 
  12. ^ "FamilyMart to open store in the Philippines, FamilyMart Glorietta3 outlet ready to welcome its first customers". FamilyMart. April 5, 2013. Retrieved April 26, 2013. 
  13. ^ Ayala Land, Rustan's to bring in FamilyMart to challenge 7-Eleven, MiniStop
  14. ^ Japan's FamilyMart firms up Philippine investment (News5)
  15. ^ 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)
  16. ^ "No simple stereotype of Taiwan's young people". Taiwan Insights. Retrieved 8 May 2014. 
  17. ^ http://www.cspnet.com/industry-news-analysis/corporate-news/articles/famima-closing-its-doors-exiting-us
  18. ^ "Now open: First FamilyMart in KL". TimeOut Kuala Lumpur. 
  19. ^ "FamilyMart Malaysia - Our Stores". 20 July 2017. Retrieved 20 July 2017. 
  20. ^ "Japan's FamilyMart eyes 1,000 Malaysian stores by 2025". Nikkei Asia. 
  21. ^ "QL Resources targets four FamilyMart stores by year end". The Star. 
  22. ^ "FamilyMart Malaysia's statement on Halal applications". FamilyMart Malaysia's Facebook page. 
  23. ^ Yuasa, Izumi "DoCoMo tower runs on wind, sunlight". The Japan Times, September 15, 2004. Retrieved on September 26, 2012.
  24. ^ Tokyo Weekender Solar Convenience Stores May 9, 2012 Retrieved on September 26, 2012
  25. ^ Convenience store owners recognized as workers April 16, 2015 Archived April 27, 2015, at the Wayback Machine. Mainichi Shimbun Retrieved April 20, 2015
  26. ^ FamilyMart Ordered to Accept Labor Talks with Franchisees April 16, 2015 Jiji Retrieved April 20, 2015

External links[edit]