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Japanese discount store operator Don Quijote is approaching an agreement to take over 100 per cent of the Uny general merchandise store business, making it the country’s fourth-largest retailer. The firm already controls 40 per cent of the Uny business, and…
Japanese convenience store company FamilyMart Uny Holdings may sell its Hong Kong retail interests. Working with a financial adviser, the company is seeking about US$100 million for its three stores, insiders say. In Hong Kong, FamilyMart Uny runs department…
Apple Pay has arrived in Hong Kong, allowing the Apple users to use the company’s mobile payment system. Apple’s payment system has been rolled out to American Express, Visa and MasterCard cardholders in Hong Kong. Other participating banks are Standard…
A merger of Japan’s third and fourth-ranked convenience store operators is set to create a “third force” in Japanese retailing behind Seven & I and Aeon. The FamilyMart-Uny merger terms have now been agreed and the two companies are now working towards an…
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