Hanoi (VNA) – The first overseas 300-yen store of Japanese 100-yen shopoperator Daiso Industries Co. will be opened in Singapore on July 14 as part ofDaiso’s global expansion.
Daisospokesman Kengo Osako said the Threeppy outlet is located in the Funan mall ina central part of Singapore, offering kitchenware, household goods and stuffedtoys among other items principally at a single price of 5.8 SGD (4.3 USD).
Threeppyis hoping to attract family shoppers in Singapore, he said. The company hasoperated Daiso 100-yen stores in the country since 2002.
TheHiroshima-based retailer aims to expand its Threeppy store network to otherSoutheast Asian countries. It ran 22 Threeppy shops in Japan as of the end ofJune and plans to add 30 outlets every year at home, it said in a statement.
Itoperates over 5,500 stores globally, including more than 2,100 shops in 27foreign countries and regions, according to the company. -VNA
GSK opens 130 million USD facilities in Singapore
Pharmaceutical giant GlaxoSmithKline (GSK) of the UK unveiled new, fully automated continuous manufacturing facilities worth a total of 130 million SGD (95.61 million USD) in Singapore on July 5.