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April 29, 2017

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Convenience stores see sales boost over New Year

TAIPEI--Sales at three major convenience store chains in Taiwan rose more than 7 percent in January, driven by holiday shopping ahead of the Lunar New Year.

The consolidated sales of 7 Eleven stores for January totaled NT$17.68 billion (US$581.58 million), up 7.32 percent from the year-earlier level.

FamilyMart reported NT$4.45 billion in consolidated sales, an annual increase of 7.32 percent.

The smaller OK Mart, meanwhile, said its sales also increased 7 percent, but it did not disclose the sales amount.

According to Huang Tien tzu, an assistant vice president of marketing of OK Mart, sales of beverages, coffee, fresh food, candies and boxed gift sets increased 20-30 percent in the weeks leading up to the Lunar New Year, which began Jan. 31.

Following in the footsteps of 7 Eleven and FamilyMart, OK Mart is planning to equip 100 of its stores with seats and restrooms this year to attract more customers, Huang said.

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