TOKYO, JAPAN, 2 03, 2016
On Tuesday February 2, 2016, in Wuhan city in Hubei province, China, Lawson, Inc. signed an area license agreement with Zhongbai Supermarket Co., Ltd., a subsidiary of Zhongbai Holdings Group Co., Ltd. The first LAWSON store in Wuhan city will be opened in spring 2016, as the first Japanese convenience store chain to enter the central China region.
Under the area license agreement, Zhongbai Supermarket will develop Lawson convenience stores that complement the characteristic Wuhan consumers, capitalizing on Lawson’s experience of store management and product development and the Zhongbai Group’s strong customer base across a network of 1,000 hypermarket, supermarkets and department stores. First, 10 LAWSON stores will be opened in Wuhan city in 2016. The reach will then be expanded to other parts of Hubei province, with a three-year target of 200 stores and a five-year target of 500 stores.
Wuhan, the capital of Hubei province, has a population of approximately 10 million and is the biggest center of commerce and industry in the central China region. Consumer lifestyles have changed as the region’s economy has developed, and, as a result, demand for convenience store products is expected to increase, especially among the younger generation. Lawson plans to expand to other provinces by partnering with major local partners and offer greater convenience to consumers in central China.
Lawson opened its first store in China in Shanghai in 1996. By the end of December 2015, Lawson had expanded its network in China to 652 stores (Shanghai city and surrounding area: 461 stores; Chongqing city: 107 stores; Dalian city: 50 stores; Beijing city: 34 stores). The company plans to accelerate its store expansion in China by exploiting the knowledge it has amassed in specific areas from investing and opening its own stores, and by signing area license agreements with strong local companies in areas where it has less experience. The Zhongbai Supermarket agreement represents the first such area license for Lawson.
|February 1996||Established joint-venture company, Shanghai Hualian Lawson, Inc.|
|July 1996||Opened the first convenience store in Shanghai|
|April 2010||Established Lawson's fully owned company, Chongqing Lawson, Inc.|
|July 2010||Opened the first store in Chongqing|
|September 2011||Established Dalian Lawson, Inc.|
|May 2015||Establishes Lawson (China) Holdings, Inc., to control all China business|
|May 2015||Established Beijing Lawson, Inc.|
|Company name||Zhongbai Holdings Group Co., Ltd（holding company）|
|Business location||Wuhan City, Hubei, China|
|Established||November 8, 1989|
|Capital||680 million (CNY)
（listed on a Shenzhen B stock exchange from May 1997）
|Total sales||16.9 billion（CNY）|
|Number of employees||37,727|
|Number of stores∗||1,065 stores
- Hypermarket: 244
- Supermarket: 769
- Department store: 11
-Consumer-electronics retailer: 41
|Main areas of business operation∗||Wuhan（986 stores）and Chongqing（79 stores）|
∗As of the end of October 2015
|Company name||Lawson, Inc.|
|Business location||1-11-2 Osaki, Shinagawa-ku, Tokyo|
|Name and title of representative director||Genichi Tamatsuka,
President and CEO, Representative Director
|Main areas of business operation||Development of the Lawson convenience store franchise chain|
|Number of convenience stores∗||Japan: 12,254
∗As of the end of December 2015