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convenient stores biz is going to get more competitive with 99 Speedmart, KK Mart, 7 Eleven and Familymart. Mynews lacks differentiation esp decline of magazine and news revenues
Personally I think the relationship between CU and Familymart is like Mcdonald and KFC. For example I will go familymart to get Oden and still go CU next door for Korean Fried Chicken.
mynews made no difference from family mart but local built biz b4 jv with jpn for RTE and now brought in CU. typically CU should have bigger market share in malaysia given that malays made up of 60% of malaysian where many of them prefer korean foods over taiwan foods.
