Stationers titillate Daiso to concentration on domicile items, not propagandize supplies
September 26, 2017 - School Supplies
South Korean stationery stores have been struggling to tarry in a face of unbending foe from Japanese dollar-shop sequence Daiso, attention sources pronounced Tuesday, with many job on a authorization to concentration on domicile items.
Daiso, that sells products especially labelled from 2,000 won ($1.76) to 5,000 won, now operates over 1,000 outlets opposite a country, an boost from 850 in 2012.
The store posted 1.56 trillion won in sales in 2016, over a 30 percent burst from 1.2 trillion won a year earlier.
“It is not reasonable for a domicile object opening to sell propagandize stationery products in such quantities,” pronounced Lee Dong-jae, conduct of an organisation of stationers, adding his organisation will broach a views to applicable supervision agencies.
A Daiso store in Seoul. (Yonhap)
Daiso’s thespian expansion has partly been helped by a fact it is not subjected to a regulations directed during safeguarding tiny and medium-sized firms. The order bans franchises from opening stores circuitously another emporium doing identical goods, a sources said.
A consult of 459 stationers conducted by a organisation showed 92.8 percent suffered from a vital reversal in sales due to Daiso outlets handling nearby.
Only 5 percent pronounced they were not influenced by Daiso, while 8.1 percent pronounced they will no longer be means to stay afloat since of a foe from a chain.
About 9.6 percent pronounced they will shortly possibly close down a shops or start a new business. (Yonhap)