Retail in Asia

FamilyMart stores to offer currency exchange in Japan

FamilyMart Co. said Wednesday it will start installing currency exchange machines in its stores in Japan from February in a bid to cater to foreign tourists.

The convenience store chain will place the automated machines in four stores in Tokyo on Feb. 1 and have them operational at 1,000 outlets by fiscal 2020. The stores will mainly be those in spots frequented by tourists.

Users will be able to get yen from 13 different foreign currencies, including the US dollar and the Chinese yuan, 24 hours a day.