FamilyMart, QL Resources Expand in Malaysia

The partnership between the Japanese c-store chain and the large food processer will result in more convenience stores being opened in Malaysia.

April 13, 2016

KUALA LUMPUR, Malaysia – QL Resources has entered into a long-term franchise deal with FamilyMart to open and operate convenience stores in Malaysia, the Nikkei Asian Review reports. The Malaysian food processor plans to build 60 stores annually between now and 2021, with the first FamilyMart scheduled for opening by December.

This partnership will provide a foothold for the second-largest c-store chain in the world in Malaysia, a country with close to 2,000 7-Eleven stores. Malaysian convenience stores often populate urban areas, providing food, drinks, household items and printed materials.

What makes Malaysia more attractive to c-stores lately has been its constructing of a mass rapid transit system, the first of its kind. Thus, the cities will be undergoing rapid urbanization, which translates into a need for more convenience stores.

FamilyMart will be joining another Japanese c-store chain, Circle K Sunkus, which already operates more than a dozen stores with a local firm.