FamilyMart to revamp joint venture in China, ends divorce fight

Japan convenience store chains rethink strategies in changing market

20240304N FamilyMart Shanghai

FamilyMart ranked 10th in China among convenience store chains at the end of 2022, with 2,666 stores. (Photo by Naoki Matsuda)

YOSHIHIRO HARA and TOMOYA ONISHI, Nikkei staff writers

TOKYO -- Japanese convenience store chain FamilyMart and its partner in China are ending their battle in favor of forging a new strategy together as competition heats up with homegrown rivals.

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