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7-Eleven's opening of first store on Orchid Island in Taiwan is opposed by locals
Publication Date : 12-07-2014
Convenience store chain 7-Eleven opened its 5,000th Taiwan store in Kaohsiung's Neimen District yesterday, and will open a store on Orchid Island on Aug 8. However, residents on the island, which currently has no convenience stores, expressed opposition to the idea.
The convenience store chain opened its 5,000th store in Kaohsiung as well as its 4,999th in Taoyuan, yesterday. Lo Chih-hsien, the chairman of Uni-President, which owns 7-Eleven, said he believes that the patterns of convenience stores in Taiwan and the rest of the world are quite different.
“There's various possibilities that could happen in the future. Uni-President should not be concerned with the number of stores it operates,” said Lo, who added that convenience stores may even one day operate in prisons.
Lo mentioned that revenues won't break records unless there are innovative marketing strategies, and that's why new shops in the future will adjust according to local lifestyles. However, Uni-President should pay close attention to the latest business models instead of the number of its stores.
Lo said that “after establishing the firm's 5,000th store, revenues are not the most important aspect of business, and he looks forward to providing convenience services around Taiwan.”
However, most residents of Orchid Island are against a new 7-Eleven, and they are concerned that local grocery stores will have to face a battle for survival. They have launched a Facebook campaign to kickstart a resistance petition.