Taiwan FamilyMart Co (全家便利商店), the operator of the nation’s second-largest convenience store chain, yesterday broke ground for a new multi-temperature logistics center in Hualien County’s Jian Township (吉安), which is expected to begin operations next year.
FamilyMart president Hsueh Dong-du (薛東都) said at the groundbreaking ceremony that the NT$560 million (US$18.78 million) investment would enhance the convenience store chain’s capacity in sorting and transshipping store merchandise and e-commerce packages.
It would also help improve the chain’s logistics distribution network and operational efficiency in the eastern part of Taiwan, he said in a press release by the Hualien County Government.
Photo courtesy of Taiwan FamilyMart Co
The COVID-19 pandemic has witnessed explosive growth in e-commerce and the frozen food business, and FamilyMart has responded by boosting investments in supply chain integration, logistics enhancement, information management and fresh food processing.
The new two-story logistics center in the Guanghua Industrial Park (光華工業區) will have a total floor space of 2,500 ping (8,260m2), the release said.
It will include processing facilities and warehouses for frozen and room temperature products, it added.
The center will be used mainly by FamilyMart’s logistics subsidiaries Taiwan Distribution Center Co (全台物流) and Re-Yi Distribution Service Co (日翊文化物流), the release said, adding that the investment is to meet the medium and long-term logistics needs in Hualien and Taitung counties.
The large warehousing space in the new logistics center would boost the capacity of the company’s distribution of goods for stores in eastern Taiwan by 40 percent, it said.
FamilyMart has two multi-temperature logistics centers — in Kaohsiung’s Gangshan District (岡山) and in New Taipei City’s Rueifang District (瑞芳) — and several satellite warehouses in Taoyuan and Tainan.
The company on Monday reported consolidated revenue of NT$7.27 billion for last month, up 3.3 percent from a year earlier, thanks to branch expansion and higher fresh food and beverage sales.
Revenue in the first four months of the year grew 1.4 percent annually to NT$28.26 billion, it said.
As of the end of last month, FamilyMart had 4,030 stores in Taiwan, up from 3,980 at the end of last year.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
RSS