FamilyMart marks its 100th store in Indonesia
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FamilyMart Indonesia has opened its 100th store with plans to continue to expand the network.
The Japanese-founded convenience-store chain opened its first store in Indonesia in October 2012 and has so far focused on growth in the capital, Jakarta, with a small presence in areas including Depok, Tangerang, Karawang and Bekasi.
“Our target is to have 120 stores by the end of this year,” FamilyMart Indonesia CEO Wirry Tjandra said at the opening ceremony of the 100th store, which is located at Gran Rubina in South Jakarta.
Some of the growth has come from taking over stores previously operated by other brands.
“We have taken over 49 stores from Starmart and 13 stores from 7-Eleven,” Tjandra said.
FamilyMart has more than 20,000 stores across Japan, China, Taiwan, Thailand, the Philippines, Vietnam, Malaysia and Indonesia.
Questions & Answers
Q.What is FamilyMart Indonesia's expansion target for the end of the current year?
What is FamilyMart Indonesia's expansion target for the end of the current year?
FamilyMart Indonesia aims to operate 120 stores by the end of this year. This target was stated by CEO Wirry Tjandra at the opening ceremony for their 100th location in South Jakarta.
Q.From which previous retail brands has FamilyMart acquired some of its current store locations?
From which previous retail brands has FamilyMart acquired some of its current store locations?
FamilyMart Indonesia has expanded by taking over 49 stores that previously operated under the Starmart brand. Also, they have acquired 13 stores that were formerly 7-Eleven locations in the region.
Q.Where has FamilyMart Indonesia primarily concentrated its expansion efforts to date?
Where has FamilyMart Indonesia primarily concentrated its expansion efforts to date?
The convenience-store chain has mainly focused its growth on the capital city, Jakarta. It also has a smaller presence in other areas including Depok, Tangerang, Karawang, and Bekasi.
Q.When did FamilyMart first launch its operations within Indonesia?
When did FamilyMart first launch its operations within Indonesia?
FamilyMart initiated its operations in Indonesia in October 2012, marking its entry into the market. This date signifies the opening of its very first store in the country.
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