TAIPEI (Taiwan News) — FamilyMart Taiwan Board Director Hsueh Tung-tu (薛東都) said Tuesday that the company aims to add 150 stores this year, up from 82 from last year.

Speaking at the opening of Taiwan’s new immigrant-friendly convenience store, Hsueh said that while last year’s number of new store openings held steady, more closures were made for business optimization, per CNA. This includes sites affected by rising rents or external shifts.

FamilyMart previously expanded by 200 to 220 stores annually, but since the pandemic, it has scaled back to a yearly target of 150 net additions. That strategy remains unchanged for this year, with a focus on quality over quantity.

Regarding US tariffs on Chinese goods, Hsieh said that convenience stores cater to basic, everyday needs and are less affected by market volatility. “Demand doesn’t change,” he stressed.

He added that weather is the real driver of convenience store performance. “Weather has a greater impact than economic conditions,” he said, noting that economic shifts take longer to reflect in operations.

FamilyMart reported on Monday an April revenue of NT$8.78 billion (US$288.07 million), up 3.14% year-on-year, with cumulative revenue for the first four months reaching NT$34.06 billion, an annual increase of 2.02%, per MoneyDJ.