Improving Store Operating Efficiency Through Format Conversions and Closures

「In July, the company will convert the Maxvalu Express Hamamatsu Hayade store in Chuo Ward, Hamamatsu, and in November the Maxvalu Express Karasu store in Tsu, Mie, to the small-format store model designed to improve customer convenience and pursue efficient store operations」

「Following the closure of 1 store in March, the domestic business had 244 stores: 109 in Shizuoka, 56 in Aichi, 48 in Mie, 6 in Shiga, 8 in Gifu, 16 in Kanagawa and 1 in Yamanashi.」

「In addition, the company closed 1 store in March, leaving a total of 240 stores in the domestic business.」

「The company closed 3 stores to renovate stores and improve operating efficiency, leaving a total of ... 233 stores in the domestic business as a result.」

「In addition to closing 6 stores during the year for renovation, 5 of which had already been newly opened, the company had 231 stores in the domestic business: 102 in Shizuoka, 52 in Aichi, 46 in Mie, 16 in Kanagawa, 8 in Gifu, 6 in Shiga and 1 in Yamanashi.」

「In addition to the 4 stores closed in the first half for renovation, the company closed 1 more store, leaving 231 stores in the domestic business and 23 locations for its online supermarket business.」

「The company opened the Maxvalu Express Suzuka Wakamatsu store in Suzuka, Mie, in June and the Maxvalu Express Matsusaka Oishi store in Matsusaka, Mie, in August. Both were reopened after converting existing stores to the small-format model the company is strategically developing, marking the first openings of this format in Mie Prefecture. The company also closed 4 stores for renovation, leaving 229 stores in the domestic business.」

「In March 2021, the company opened the Maxvalu Hamamatsu Iida store in Minami Ward, Hamamatsu, and the Maxvalu Komono store in Komono, Mie. Both were newly opened following the rebuilding of existing stores. The company introduced the latest sales-floor layouts, expanded assortments to suit diverse lifestyles and local characteristics, and installed its first cashless self-checkout registers to provide more convenient services. It also closed 3 stores for rebuilding, leaving 228 stores in the domestic business.」

「In addition to temporarily closing 3 stores for rebuilding and closing 1 store to improve operating efficiency, the company progressively consolidated the 7 trade names used in the respective regions into 3: Maxvalu, Maxvalu Express and Maxvalu Grand.」

「To improve operating efficiency, each of the 2 companies closed 1 store.」

「In addition, the company carried out revitalization renovations at 2 stores to enhance the competitiveness of existing stores and closed 2 stores to rebuild them.」

「The store was newly opened following the rebuilding of a location that had operated for approximately 30 years since opening in 1988. The company is working to provide a product assortment rooted in the local community and more comfortable services than before.」

「In the second half, the company opened 3 new stores: the Maxvalu Yokkaichi Tomari store in Yokkaichi, Mie, and the Maxvalu Otsukyo store in Otsu, Shiga, in November, and the Maxvalu Weldy Nagaizumi store in Nagaizumi, Shizuoka, in December. It also temporarily closed 1 store for rebuilding and closed 2 stores to improve operating efficiency.」

「In its store expansion, the company opened the Maxvalu Yokkaichi Tomari store in Yokkaichi, Mie, and the Maxvalu Otsukyo store in Otsu, Shiga, in November. As a result, the domestic business had 225 stores, including 20 small-format Maxvalu Express stores.」

「In October of the previous year, the company carried out a scrap-and-build project, replacing the aging Maxvalu Gotemba Higashitanaka store in Gotemba, Shizuoka.」

「In October, the company opened the rebuilt Maxvalu Gotemba Higashitanaka store in Gotemba, Shizuoka, through a scrap-and-build project, and in November opened the Maxvalu Minamiashigara Iwahara store in Minamiashigara, Kanagawa,」

「The company carried out store revitalization renovations at a cumulative total of 6 stores to provide product assortments that meet customer needs and enhance eat-in areas. In May, it also closed the aging Maxvalu Gotemba Higashitanaka store as part of a scrap-and-build project.」

「The company carried out store revitalization renovations at 4 stores, including introducing product assortments suited to local characteristics and expanding eat-in areas, and closed the aging Maxvalu Gotemba Higashitanaka store for a scrap-and-build project.」

「The company converted The Big Shizuoka Kawahara store in Suruga Ward, Shizuoka, to The Big format. It also carried out store revitalization renovations at a total of 14 stores to enhance product assortments suited to local characteristics and create sales floors that meet customer needs, and closed 1 store to improve operating efficiency.」

「In addition to expanding product assortments suited to local characteristics and enlarging eat-in areas, the company carried out store revitalization renovations at 3 stores in the third quarter, bringing the cumulative total to 14 stores, to improve customer convenience. It also closed 1 store to improve operating efficiency.」

「The company closed 1 store to improve operating efficiency.」

「The company converted the Maxvalu Express Shizuoka Kawahara store in Suruga Ward, Shizuoka, to The Big format, and carried out store revitalization renovations at a total of 7 stores to expand product assortments suited to local characteristics and create sales floors that meet customer needs. It also closed 1 store in Konan Ward, Yokohama, to improve operating efficiency.」

「The company converted 4 stores, including The Big Ninomiya store, from the Maxvalu format to The Big format. It also closed the aging Kimisawa Gotemba 246 store for a scrap-and-build project and closed 4 stores to improve operating efficiency.」

「The company converted The Big Kanaya store in Shimada, Shizuoka, and The Big Shizuoka Shinkawa store in Suruga Ward, Shizuoka, from the Maxvalu format to The Big format. It also closed the aging Kimisawa Gotemba 246 store through a scrap-and-build project to strengthen its operating foundation, and closed a cumulative total of 4 stores to improve operating efficiency.」

「In addition to converting 2 Maxvalu-format stores, including The Big Ninomiya store in June, to The Big format, the company closed a cumulative total of 4 stores to improve operating efficiency.」