FamilyMart Indonesia has opened its 100th store with plans to continue to expand the network.
The Japanese-founded convenience-store chain opened its first store in Indonesia in October 2012 and has so far focused on growth in the capital, Jakarta, with a small presence in areas including Depok, Tangerang, Karawang and Bekasi.
“Our target is to have 120 stores by the end of this year,” FamilyMart Indonesia CEO Wirry Tjandra said at the opening ceremony of the 100th store, which is located at Gran Rubina in South Jakarta.
Some of the growth has come from taking over stores previously operated by other brands.
“We have taken over 49 stores from Starmart and 13 stores from 7-Eleven,” Tjandra said.
FamilyMart has more than 20,000 stores across Japan, China, Taiwan, Thailand, the Philippines, Vietnam, Malaysia and Indonesia.