Lawson, a major convenience store, has decided to expand the number of stores in China to 10,000 by the end of 2025, saying that the domestic convenience store market is not expected to grow significantly, and will announce it soon. I will include it in my business plan.
In the convenience store industry, sales are declining, especially in stores in central Tokyo, due to the growing tendency to refrain from working from home or going out due to the spread of the new coronavirus infection, while the domestic market will grow significantly in the future due to intensifying competition for store openings. Is a situation that cannot be expected.
Under these circumstances, Lawson plans to strengthen its store openings in China and double the number of stores, which currently has more than 3,000 stores, to 6,000 stores by the end of 2022 and 10,000 stores by the end of 2025. Will be consolidated and incorporated into the management plan to be announced soon.
In China, domestic chains and major Japanese chains are opening one after another, mainly in urban areas, and especially recently, the need for food and daily necessities is increasing as a result of the new corona, so the company will have a future. Is also considering the possibility that the number of stores in China will exceed that of Japan.
At convenience stores, Seven & i Holdings is expanding its overseas market, such as by investing more than 2 trillion yen in the acquisition of an American convenience store chain.