bin picking-Japan-affiliated convenience stores expand within China

bin picking-Japan-affiliated convenience stores expand within China

A woman makes a purchase at a Lawson convenience store in Shanghai on June 6.
BEIJING — Japan-affiliated convenience store chains are making an aggressive push into the Chinese market, with three major chains now having about 5,500 stores in China.
This is 1.6 times the number operated in China by these Japan-affiliated chains just over two years ago, and gives them an about 5 percent share of the market. Going forward, it appears that they will need to differentiate themselves further from local chains, which lead in areas such as cashless payments.
Lawson Inc. on June 7 opened its 1,000th store in Shanghai and surrounding areas. The company has about 1,600 stores throughout China.“The Shanghai area is home to about 200 million people. There’s room for 100,000 convenience stores. In the future, we’re aiming to have 20,000 stores,” Lawson President Sadanobu Takemasu said.

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