Retail in Asia

In Trends

Japan Post, FamilyMart tie up for overseas delivery services

Japan Post Holdings Co and convenience store operator FamilyMart Co are forming an alliance for overseas delivery services, as a growing number of Japanese companies try to cash in on a surge in the number of foreign visitors.

The alliance will, for instance, enable tourists in Japan to hand over souvenirs at a FamilyMart store in Japan and pick them up back in their home countries at another outlet of the store operator, the companies said. They did not give financial details of the tie-up.

The number of foreign visitors in Japan has been hitting record levels since the government began relaxing visa requirements. Prime Minister Shinzo Abe also set an ambitious target recently to double the number of inbound tourists and the amount of money they spend in the country by 2020.

(Source: Jakarta Globe )