FamilyMart pushes into Hanoi, its first move into northern Vietnam in 17 years
FamilyMart will hold a grand-opening ceremony on 19 September for its sixth Hanoi store, following two locations opened in August — its first push into northern Vietnam since entering Ho Chi Minh City in 2009 — with a target of around 20 Hanoi stores by the end of this fiscal year.
FamilyMart will hold a grand-opening ceremony on 19 September for a store in Hanoi's Royal City complex, according to a company release — its sixth store in the Vietnamese capital and its first push into the country's north since entering Vietnam in Ho Chi Minh City in December 2009. Two earlier Hanoi stores opened ahead of schedule in August; FamilyMart said one of those locations posted first-week sales at 160% of plan. The company operates roughly 200 stores across Vietnam as of the end of July, concentrated until now in and around Ho Chi Minh City, and is targeting about 20 stores in Hanoi by the end of this fiscal year.