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Family Mart

Family Mart

Parent Company: FamilyMart UNY Holdings Co. Ltd

Brand Value: $2,424 million

Headquarter city: Tokyo, Japan

Industry: Retail

Year formed: 1973

Family Mart is Japan’s second-largest convenience store chain, with some 24,000 stores in operation, including more than 7,000 overseas. The brand is in a period of consolidation and growth, having converted Circle K Sunkus stores in Japan to Family Mart branding and, as of September 2019, changing its corporate name to FamilyMart Co Ltd (after selling its Uny shops to the Don Quijote group). The company operates on a franchise model. The brand is especially known for its brand collaborations and limited edition styles, and among convenience stores is the exclusive seller of brands like Muji and Media. In the wake of the Circle K Sunkus merger, the brand has embarked on a number of ambitious initiatives, including low-priced meals for children, sustainability initiatives, a new gym concept, and partnering with Panasonic to use AI and automation to alleviate efficiency problems caused by labor shortages. Family Mart is listed on the Tokyo Stock Exchange.