Japanese dollar-store opens doors in North America

Cory Doctorow 5:50 pm Sun Dec 14, 2003

Hyaku Yen, a Japanese dollar-store, has begun to open shops in North America.

At its Aberdeen store, at Hazelbridge and Cambie Road, 45,000 items will initially be sold at $2 Cdn each. These are to include cosmetics, gardening tools, household goods, soft drinks, snack food and stationery.

"A public survey in Japan showed Daiso-Sangyo as being the second most recognizable brand-name retailer after Disney World in Tokyo," Fairchild chairman and CEO Thomas Fung said Tuesday. "They ranked ahead of famous brands such as Coca-Cola, McDonald's, Sony, Toyota and Starbucks."

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