FamilyMart and Don Quijote enter talks on business partnership

Japan Times -- Jun 14

Major retailer FamilyMart Uny Holdings Co. and discount store operator Don Quijote Holdings Co. have announced the launch of talks on forging a business alliance.

Specifically, the two companies are studying joint product development and procurement, and steps to streamline distribution, in order to reduce costs. They will also run stores jointly on a trial basis amid a serious labor shortage.

“We’ll be able to complement each other because our business fields and areas of operations do not overlap substantially,” Mitsuo Takahashi, a senior official of Don Quijote, said in a teleconference on Tuesday.

FamilyMart Uny, which mainly operates supermarkets and convenience stores, and Don Quijote are also considering collaborating in developing new businesses using know-how they have accumulated.

The two companies are hoping to reach a definite agreement after fleshing out the tie-up plan in about six months.

Jun 14 (ANNnewsCH) - ユニー・ファミリーマートホールディングスとドンキホーテホールディングスは、業務提携に向けた検討を開始すると発表しました。 両社によりますと、商品の共同開発や海外事業における協力などに加え、ファミリーマートとドンキホーテの「一体型店舗」の導入も検討するということです。