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Japan: FamilyMart considers convenience store merger

By  |  March 5, 2015

Japan’s FamilyMart and the operator of Circle K Sunkus stores are considering a merger that would create Japan’s second-biggest convenience store chain, rivaling Seven-Eleven, The Wall Street Journal reported.

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    As competition in the industry intensifies, FamilyMart and UNY Group Holdings which run the third and fourth-biggest chains by sales, are considering ways to bulk up, the source said early on Friday.

    A FamilyMart spokesman said: “It’s true we are discussing various management options, but at this point nothing is decided.”

     

    Full Content: The Wall Street Journal

     

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