JAPAN’S C-STORE SALES REACH RECORD HIGH IN 2024

The local industry registered its fourth consecutive year of growth thanks to both a rise in sales as well as in the number of outlets throughout the country.

Convenience store sales in Japan reached a record high of 11,795.3 billion yen in 2024, marking the fourth consecutive year of growth, according to the Japan Franchise Association.

The strong performance was driven by several factors, including increased demand from international visitors to Japan.

Soft drinks and other products also saw strong sales, fueled by an extended period of hot weather throughout the year.

By the end of 2024, the number of c-stores in Japan had increased to 55,736, an increase of 23 stores compared to the previous year.

On a same-store basis, sales grew by 1.1% compared to the previous year.

The rise in customers, which increased by 0.9%, was attributed to the expansion of low-priced products and the introduction of discount coupons.

In addition, the average purchase amount per customer also saw a slight increase of 0.2%, reaching 725.5 yen.

However, December 2024 saw a slight downturn in same-store sales, which decreased by 1.2% compared to December 2023, totaling 1,000.8 billion yen.

This marked the first sales decline in 13 months.

Despite the December setback, the overall trend of growth throughout 2024 highlights the continued resilience and popularity of Japan’s convenience store sector.

View article source here.

Posted in

Subscribe to our free mailing list and always be the first to receive the latest news and updates.