There is a convenience store in Japan where almost everything is priced at an average of 100 yen + consumption tax. It is usually called the “100 yen ショップ”, also known as the “100 yen koon”, similar to the 2 yen shops in Japan. The products include most of the daily necessities you need, but also include barbecue grill nets, food, kitchen utensils, stationery, etc. Even to the suburbs or some large stores, you can also buy large materials such as wood for decoration in the “hundred yuan store”.
The stores operated by Dachuang Industry are considered to be a larger enterprise, so Dachuang’s “hundred-yuan stores” can be seen almost everywhere. Although it is 100 yuan, but it will also sell some goods more than 200 yen, pay attention to the price tag when buying.
There are not only stores operated by Dachuang alone, but also stores that are jointly operated with other chambers of commerce or opened after merger. For example: Dachuang & Aoyama Baiyuan store, is the merger of Dachuang Industry and Aoyama Commercial opened.
In the early days, it opened a store in the parking lot of a large supermarket as a mobile sales type 100 yuan store. However, at that time, people believed that cheap things were of poor quality. In order to overcome people’s preconceived views, the store modified its operation mode, selling goods with a price close to or even higher than 100 yen at 100 yen, and fixed the store location so that customers could come to spend money at any time. In the end, it succeeded in improving people’s perception and was recognized. Later, it gradually became the current Dachuang 100 Yuan store.
Second in the 100-dollar store industry after Daiko, the company in Ogaki City, Gifu Prefecture, surpassed the then second place “CanDo” a few years ago, and now has more than 1,700 stores across Japan, and its revenue is growing every year.
In contrast to the concept of “small profits and high sales” of other stores, Seria locked the products of its stores in a certain number, selling only useful and practical products, in order to erase the impression that “100 yuan stores” are cheap and inferior. At the same time, the decoration of the store is changed to a more stable tone, which appears that the entire store is no longer chaotic but only has a line, so that customers can leisurely buy high-quality 100 yuan goods. And make this the biggest feature of the store.
Unlike “Dai-chong” and “CanDo”, Seria only sells products with 100 yen before tax from the beginning to the end, and focuses on women as the main target group, and specializes its business mode to carry out mainly for women. And as long as the cash register and goods are held, within a certain period of time, even if it is not the problem of the goods themselves, there is a probability that they can be returned for exchange.
The company is located in Shinjuku, Tokyo, and has stores not only throughout Japan, but also abroad. The current number of stores is about 1,100. Although there has been a history of stock crashes in the middle, it is still the top three in the 100 yuan store industry.
In 2007, “CanDo”, which is expanding its business in the Kanto region, acquired the full equity of Baiyuan Store Company and Crystal Store Co., LTD., which are mainly located in the Kansai region. In November 2008, he took over the operation of 30 stores under the Le Plus Co., LTD., after which the subsidiary Le Plus Co., LTD., announced its dissolution in December 2008.
In October 2021, AEON(AEON) Co., LTD., the leader of the circulation industry, announced that it would conduct a public purchase of equity in “CanDo”. In January 2022, “CanDo” was officially incorporated into AeON Group as its associated subsidiary. At present, the largest holding of “CanDo” is Aeon Group, which holds more than 51% of the equity.
【Watt Co., LTD. 】 under the 100 yuan store names “Watt”, “meets.”, “silk” and so on. Founded in 1995 in Chuo-ku, Osaka City, it has gradually grown to its current national scale.
As early as 2009, Watt set up an overseas branch in Thailand, and then committed to setting up branches overseas, and now has branches or cooperative business units in China, Malaysia, Thailand and other places. The Chinese store is called “Small Things Home”.
In each of the other areas, there are also small, independently operated 100-dollar shops, and passing students have the opportunity to go in and have a look. Now the 100 yuan store has a wide variety of goods and good quality, such as stationery, daily necessities can go to the 100 yuan store to buy, some processed food snacks and so on
Post time: Sep-25-2023