JAPAN RECORDS AN INCREASE IN CONVENIENCE STORE SALES BY 6.6% IN APRIL

Highlights –

• Japan records an increase in convenience store sales by 6.6% in April.
• Same-store sales of seven major convenience store operators totaled 842.50 billion yen.
• Average spending per customer fell by 1.1 percent to 682.10 ye...

PLAN APPROVED BY FAMILYMART CO. FOR ITOCHU CORP. TO TAKE THE FORMER’S STORE PRIVATE

Highlights –

• Plan approved by FamilyMart Co. for Itochu Corp. to take the former’s store private.
• FamilyMart will be delisting from First Section of the Tokyo Stock Exchange on Nov. 12.
• Itochu, the top shareholder of FamilyMart ...

JFTC PUBLISHED A SURVEY ON CONVENIENCE STORES IF KEPT OPEN FOR 24 HOURS

Highlights –

• JFTC published a survey on convenience stores if kept open for 24 hours.
• JFTC says it would be a contravention of laws against private monopolization.
• The survey was conducted between October 2019 and August 2020.

LG ELECTRONICS RETHINKS TECHNOLOGY SHOWCASING FUTURE HOME LIFE EXTRAVAGANZAS AT IFA 2020

• LG Electronics Inc. on Thursday showcased its vision of future home life at Europe's largest tech show, showcasing its latest innovations that could be helpful in the new normal era of the pandemic.
• Under the theme of "Life's Good from Home," LG Chief Technolo...

A WOMAN WORKER STABBED TO DEATH AT A CONVINIENCE STORE IN TOCHIGI PREFECTURE

Highlights –

• A woman worker stabbed to death at a convenience store in Tochigi prefecture.
• The suspect later stabbed himself as well.
• The unfortunate death of the two was based on a lover's spat.
• The convenience store ...

JAPAN’S CONVENIENCE STORE SALES IMPROVED IN JUNE

Highlights –

• Japan’s convenience store sales improved in June.
• The sales however fell by 5.2 percent from a year earlier.
• The number of shoppers dropped by 11.6 percent in June.
• Sales in the service category slumped....