Business
What is the competitive advantage of thrift shops like Daiso
By Investment Moats  •  November 26, 2010

I had a 2 days good break currently from work. Well, make that 1.5 days since there was an emergency meeting this afternoon so I have to freaking be back in office.

I went to take a look at another nearby mall in Seng Kang and am surprised to find that there is a Daiso in Seng Kang! What is a Daiso?

Daiso sets itself apart from other 100 yen shops by choosing not to sell closeout or factory second merchandise. Instead, they keep prices low by purchasing directly from manufacturers in very high volume, a strategy often compared to Wal-mart. While the prices are low, and in many cases identical items are sold for more elsewhere, in some cases the quality reflects the low price.

Daiso often uses such locations as previous pachinko parlours for its retail outlets. They spend a lot of money on shelving and fixtures ...

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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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