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Operators are facing a difficult decision as to whether to keep focusing on ¥100 products or to expand their business beyond them.

10 Comments

A Teikoku Databank official. The domestic market for ¥100 shops will exceed ¥1 trillion for the first time in fiscal 2023. However, the official said that because most items in ¥100 shops are manufactured overseas, the depreciation of the yen has worsened profitability, and some products can no longer be sold at ¥100.

© Yomiuri Shimbun

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most items in ¥100 shops are manufactured overseas

Made in China and traded in dollar not yen.

-7 ( +6 / -13 )

Dollar stores are disappearing in the US rapidly. One dollar is a valueless as a penny now. $5 stores may open for a decade or so and then disappear. The situation is becoming worse and worse. A dollar isn't worth a dime.

2 ( +5 / -3 )

Gene HennighToday 09:24 am JST

Dollar stores are disappearing in the US rapidly. One dollar is a valueless as a penny now. $5 stores may open for a decade or so and then disappear. The situation is becoming worse and worse. A dollar isn't worth a dime.

Not sure what timeline this came from but the dollar hasn't had inflation above 5% in 30 years with the exception of 2022:

https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator/consumer-price-index-1913-

-2 ( +2 / -4 )

Most things sold in 100 yen shops ,or a lot of them at least, are not 100 yen anymore but 300 - 500 yen. And personally I don't mind since this means that the quality is generally better. 100 yen things usually have a very short life-expectancy.

0 ( +2 / -2 )

I go from time to time for notebooks and gift wrapping. Large supermarkets are also competitive. If you just avoid conbini where everything is marked up 40% you can save a lot of money.

0 ( +2 / -2 )

Even if the prices doubled it would still be good. Not all items are ¥100.

1 ( +4 / -3 )

As is usual no need to preclude one

-3 ( +0 / -3 )

Most of 100¥ shops are no longer selling 110¥ products, but most are like 330¥ or 550¥ for the same type and quality that 2-3 years ago you could have bought them for 200¥.

So let's not feel too sorry for those greedy shops, that now only use the excuse of "inflation" and "Yen crash" .

How about our salaries? Why are they not adjusting those based on the inflation and Yen value, like 40-45% more??

-5 ( +0 / -5 )

DanteKH

Today 07:42 pm JST

Most of 100¥ shops are no longer selling 110¥ products

Really? Never seen one, can you give an example?

-1 ( +0 / -1 )

A lot of Daiso's products are made specially for Daiso. This means that they have the power to do shrinkflation, i.e., shrink the product so it is still profitable at 100 yen. The 50g bag of peanuts becomes 40g. The 8m roll of electricians tape becomes 5m etc.

The last 100 yen shop I went to was the ex-video rental half of a Tsutaya. It had self service tills, the first time I've seen them in a 100 yen shop.

1 ( +1 / -0 )

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