The Kings of Convenience: 7-Eleven, FamilyMart or Lawson
The world's three largest convenience stores are in a fierce battle to rule the world of convenience. Follow this three part series to find out who will come out on top
This is the start of a three part series where I will analyze the three biggest convenience store chains in the world, 7-Eleven, FamilyMart and Lawson, to give you my take on which one you should invest in.
Did you know that the world’s three biggest convenience store chains; 7-Eleven, FamilyMart and Lawson, are Japanese companies?
Or that they are publicly traded on the Japanese Stock Exchange?
If you’ve ever been to Japan, this should come as no surprise.
It is not an overstatement to say that Japan is the mecca of convenience stores!
There are more convenience stores here than anywhere else in the world.
In just one of those stores, often smaller than an American bathroom, you can find almost any item you can think of:
Heated lunches, fresh sushi, underwear, fruits, vegetables, exquisite desserts, scissors, fried chicken, ATMs, printing services, ticket counter, medicine, coffee, tea and hundreds of different ice cream flavors. I could go on for an hour just counting the items they have…
On top of this, the customer service is always exceptional and they are all open 24h/365 days a year!
These Japanese companies’ expertise in operational excellence and supply chain management have made their concept a roaring success, not only in Japan, but all over the world.
7-Eleven, the biggest convenience store chains, have more than 70,000 stores worldwide!
Compare that to the world’s largest restaurant chain, McDonald’s with its 39,000 stores worldwide, and you begin to understand how insanely widespread and influential the Japanese convenience store chains are.
Hence, it would almost be a crime not to analyze these companies further, and I have decided to do just that!
In the coming weeks, I will release a three-part series about how 7-Eleven, FamilyMart and Lawson were founded, how they operate, their future outlook, and most importantly: which stock you should invest in.
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