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33-522: Daiso was originally opened as a street vending shop with 100- yen products, known as “Yano Shoten", by Hirotake Yano in 1972. He later founded Daiso in 1977. Daiso categorizes all of its own branded items using the morpheme za ( ザ ), the Japanese representation of the English word "the", plus a category. For example, za hanabi ( ザ・花火 ) is the category for fireworks, and za purasuchikku ( ザ・プラスチック )

66-726: A flat rate of $ 2.80. Since then it has expanded to 13 stores in New South Wales , 14 in Queensland , three in South Australia , 12 in Victoria and 2 in Perth (at Westfield Carousel and Lakeside Joondalup ). The stores range from 209 m (2,250 sq ft) to 1,000 m (11,000 sq ft) (Midtown Plaza, Melbourne store), which is currently the largest in Australia. Almost every item

99-410: A new Nordstrom that opened in 2003. The former Nordstrom was razed in its turn for the construction of The Village, an attached, open-air lifestyle area on the mall's northern side comprising new shops, restaurants and a Borders bookstore . The addition was designed by Callison Architecture and was intended as the first phase in an "urbanized" mall. A second expansion was simultaneously constructed on

132-665: A shopping centre in Kampong Rimba . Daiso opened its first corporate Canadian store on Granville Street in downtown Vancouver, British Columbia in April 2021, with plans to expand nationally. With the opening of its Surrey location in March 2023, there are now four stores within Canada. A franchise store, owned by Fairchild Group , was operated in Richmond, British Columbia from 2003 to 2019, when it

165-499: Is AUD $ 3.30, or US$ 2.33, except for a small range of products (5% of total range) that is sold at varying prices from $ 3 to $ 15. Daiso's main store in Bahrain is located at Dasman Center, Manama, and spans two floors. It has been in operation since 2005. Daiso also has a smaller outlet at Ramli Mall, A'ali. As of 2007, most products cost BHD 0.600, or US$ 1.58. Daiso's first location in the sultanate opened on 1 July 2024 at Rimba Point,

198-464: Is a regional shopping mall in Lynnwood, Washington . It is anchored by JCPenney , Macy's (formerly The Bon Marche) and Nordstrom and comprises both a traditional enclosed mall and two open-air areas known as The Village and The Terraces. Brookfield Properties manages and co-owns the property with an institutional investor . Alderwood is Snohomish County's largest mall and one of the major malls in

231-642: Is expected to be completed in 2023. Alderwood Mall is served by several Community Transit local bus routes as well as Sound Transit Express for route 535, which travels from Lynnwood Transit Center south to the Bellevue Transit Center in Bellevue ; Community Transit's Swift Orange Line bus rapid transit route opened in 2024 and connects the mall to Mill Creek and Edmonds College . The agency also manages an on-demand microtransit service for Alderwood and surrounding parts of Lynnwood. As part of

264-481: Is located at IMM . Daiso Korea owns 1,150 stores across the country, established in 1992 as the Daiso-Asung Corporation. Working in cooperation with Daiso Japan from 2001–2011, the chain has proliferated over the last ten years using a low cost / high quality strategy. Each store stocks over 30,000 items; most are under 1,000 won, or 0.87. Daiso also has an online shopping mall that allows people to purchase

297-850: Is the category for plastic items such as plastic buckets and trays. In 2004, Daiso started selling items priced at multiples of 100 yen, such as 200, 300, 400 and 500 yen. Daiso has 3,620 stores in Japan, and nearly 2,300 stores overseas in Australia, Bahrain, Brazil, Cambodia, Canada, China, Hong Kong, India, Indonesia, Israel, Laos, Kuwait, Macau, Malaysia, Mauritius, Mexico, Myanmar, New Zealand, Oman, Philippines, Qatar, Saudi Arabia, Singapore, South Korea, Taiwan, Thailand, United Arab Emirates, United States of America, and Vietnam. Numbers of Daiso stores as of 2024: Asia Middle East Americas Oceania Africa The first Daiso store opened up in Abbotsford, Victoria in 2010, selling thousands of items at

330-505: Is used inside the country to rebrand itself as a more modern company and to show its break-off from Daiso Japan. In December 2023, Daiso Korea announced that it had bought back its shares from Daiso Japan (34.21% stake reportedly worth around 500 billion won), effectively making it fully Korean-owned. On October 2, 2005, the first Daiso store in the United States opened at Alderwood Mall in Lynnwood , near Seattle, Washington . This store

363-534: The Meiji period , this had expanded to clothing stores and food stands, and stores selling only 1-yen items were not uncommon The first 100-yen shop in its modern form was opened in 1985 in Kasugai , Aichi prefecture by Akira Matsubayashi, the founder of the company Life Standard. It was called '100-yen Shop' (100円ショップ). This model was eventually adopted by Hirotake Yano , the founder of Daiso Industries Co. Ltd. , who opened

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396-534: The Puget Sound region . It was named after the unincorporated area called Alderwood Manor where the mall is located, now part of the city of Lynnwood, Washington . The mall is home to one of the world's first Zumiez stores and the United States' first Daiso store. Alderwood is located near the eastern edge of Lynnwood proper. It stands just west of the junction of Interstate 5 , Interstate 405 , and State Route 525 in an area bounded by 184th Street Southwest to

429-791: The U.S. East Coast in Queens, New York . On December 29, 2021, Daiso opened its first store in Las Vegas, Nevada . In June 2017 Daiso was forced by the Australian Competition & Consumer Commission to recall 165 products in Australia. These included toys which could pose a choking hazard or injury and beauty products with unknown ingredients. In June 2022, Crocs filed a lawsuit against Daiso, accusing them of selling foam clogs that allegedly resembled theirs and violating copyright trademarks. 100-yen shop 100-yen shops ( 100円ショップ , hyaku-en shoppu ) are common Japanese shops in

462-447: The 100-yen shops are 99-yen shops. Daiei also operates 88-yen stores. Some shops, such as Lawson 100, specialize in certain items, such as groceries or natural goods, but this is less common than the variety store model. The concept of stores that sell products at a uniformly low price dates back to the Edo period , when shops selling items for 19 mon and later 38 mon were popular. By

495-578: The AMC moniker. In November 2005, Daiso , a Japanese dollar-store, opened its first U.S. store in Alderwood next to Sears. Following the success in its original location, Daiso moved to a larger suite adjacent to JCPenney in 2015 before relocating to a strip mall just outside the mall boundaries in 2017. The Sears store at the mall was included in the 2015 spin-off of Sears Holdings properties and joint ventures into Seritage Growth Properties. Sears closed

528-536: The Alderwood East Shopping Center. Another strip mall, Shane Plaza, was purchased by Alderwood Mall's then co-owner, General Growth Properties , in 2015. The area to the north includes a Costco and a peat bog that limits potential development. The Edmonds School District also operated a bus barn on the southern end of the block from the late 1980s until 2016, when it opened a new bus barn on 52nd Avenue West. The school district, which owned

561-518: The DeBartolo mall interests in 1996, General Growth Properties assumed management of the property in 1997. General Growth became co-owner of the mall following the formation of a joint venture with the New York pension fund in 1999. Facing a major vacancy with the 2000 closure of Lamonts, the mall was renovated and expanded in 2002. The former Lamonts store was purchased and razed for the construction of

594-712: The continental United States, operated by Daiso US. The stores are in Arizona , California , Nevada , New Jersey , New York , Texas , and Washington . The largest U.S. Daiso is ln Union City, California , with 17,760 square feet (1,650 m) of floor space; it opened on August 8, 2007. There are four Daiso stores in Hawaii operated by Daiso Hawaii. On December 12, 2018, Daiso Japan opened its first store in Honolulu , Hawaii, and opened two others on March 14, 2019 and January 20, 2022. On March 8, 2019, Daiso Japan opened its first branch on

627-544: The current price was effective from March 1, 2017. The price was temporarily reduced to RM 5.57 when GST was removed in Malaysia, but 8t returned to RM 5.90 when SST (Sales and Services Tax) became effective on September 1, 2018. There are 27 Daiso stores in Singapore, together with 11 Threeppy stores and one Standard Products store. Minimum pricing is $ 2.16, followed by 14 tiered increments. The first and largest flagship Daiso store

660-654: The first Daiso store in 1991. Today, there are over 2,800 Daiso stores throughout Japan, with 20-30 new stores opening every month. One of the largest 100-yen shops is the Daiso in the Tokyo neighborhood of Harajuku. It spans four stories and over 10,500 square feet (980 m ). Similar shops have opened around other parts of Asia as well, some operated by Japanese companies such as Daiso , which now has branches in 25 countries outside of Japan. In Hong Kong , department stores have opened their own 10-dollar-shops (JPY140) to compete in

693-438: The land since the 1950s, agreed to sell it to Wolff Enterprises in 2017, but the developer backed out the following year despite filing permits for mixed-use development containing 240 housing units. The school district eventually reached an agreement with another developer, Trammell Crow Residential , to build a mixed-use development containing 383 housing units; known as Alexan Alderwood, it commenced construction in 2021 and

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726-599: The mall's development took a decade from its initial announcement. Its original anchors included The Bon Marché , Lamonts , Nordstrom , JCPenney and Sears . The mall was later sold to the New York State Common Retirement Fund , which retained DeBartolo's management company to operate the center. It remained essentially unchanged except for the addition of a court and cosmetics renovation in 1995-1996 which cost $ 12 million. After briefly being managed by Simon Property Group following its acquisition of

759-428: The mall's southwest side; named The Terraces, it incorporated an expanded food court and restaurants as well as a 16-screen Loews Cineplex Entertainment multiplex. The theater, which opened on March 25, 2005, replaced an older Grand Cinemas theater that Loews operated just outside the mall boundaries. The expansion included two new parking garages, and the theater was constructed over subterranean parking. The 'mall'

792-519: The market, thus there are now "8-dollar-shops" (JPY110) in Hong Kong, in order to compete with those lower prices. 100-yen shops are able to keep prices down by purchasing goods internationally and in bulk . These goods come from countries with lower production costs, namely China and Thailand . This retail business article is a stub . You can help Misplaced Pages by expanding it . Alderwood Mall Alderwood , formerly Alderwood Mall ,

825-539: The north, 33rd Avenue West to the west, Alderwood Mall Boulevard to the south, and Alderwood Mall Parkway to the east. The mall takes up much of the block from the northern end apart from the Alderwood Corner strip mall on the northwest corner. The remaining portion of the block to the south is mainly occupied by office buildings and strip malls, the latter of which include the Alderwood Towne Center and

858-458: The proposed Everett Link Extension , which would extend Link light rail service from Lynnwood Transit Center north to Everett, Sound Transit plans to add a light rail station within the mall's vicinity; it is not expected to open until 2037. Alderwood Mall was opened on October 4, 1979, with an estimated 30,000 people visiting on the first day. It was financed by developer Edward J. DeBartolo Sr. on land originally owned by Allied Stores ;

891-488: The same items at home. In 2011 and 2014, Daiso Korea announced that they were no longer part of Daiso Japan, claiming that Daiso Japan was trying to promote Liancourt Rocks as part of Japan. Daiso Korea confirmed that they were not selling the products Daiso Japan was selling and that they were acting as a different company. Daiso Korea has a unique logo compared to the rest of the Daiso Corporation. The modified logo

924-792: The store in March 2017, with the 178,000-square-foot (16,500 m ) building it occupied torn down in 2019 to make way for redevelopment on the site. AvalonBay Communities purchased the site from Seritage/Brookfield in January 2020 and subsequently began construction on the Avalon Alderwood Place, a mixed-use development featuring 328 apartments and roughly 64,000 square feet (5,900 m ) of ground-floor retail space. The development had Dave and Buster's and Dick's Sporting Goods as planned retail tenants. The apartments first opened in late 2021, with Dave and Buster's opening in August 2022; Dick's

957-715: The vein of American dollar stores . Stocking a variety of items from clothing to stationery , housewares to food, each item is priced at precisely 100 yen , which is considered attractive to Japanese consumers because it can be paid for with a single 100-yen coin. However, the current Japanese consumption tax of 8% (food and drinks) or 10% (other items) is also added, making a 100-yen purchase actually cost 108 or 110 yen . Larger items, like furniture and tools, may also cost more yet are still relatively affordable, usually costing less than 1000 yen. The four major chains are Daiso , Seria, Watts, and Can Do, which combined have over 5,500 locations across Japan as of 2012. A variation of

990-495: Was dropped from the name at this time and became simply Alderwood, describing itself as a " lifestyle center ". Borders closed in 2011 following the company's bankruptcy. The Bon Marché was briefly renamed Bon-Macy's in 2003, before assuming the Macy's name in 2005. Despite Loews' subsequent merger with AMC Theatres in 2006, the theater retained the Loews name until 2018, when it assumed

1023-419: Was much smaller at only 442 square meters (approx. 4,750 square feet), and items were originally priced at $ 1, $ 1.50, and $ 2 (all USD ). The inventory was expanded to include packaged food and items priced up to $ 8, though most items remained at the $ 1.50 minimum until a 25-cent increase in 2022. The Alderwood store was moved to a new mall location in 2015 and off-site in 2017. As of 2023, there are 90 stores in

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1056-478: Was rebranded under Fairchild's Oomomo banner. Oomomo has continued to sell some Daiso products, but this supply will be discontinued as Daiso expands. There are three Daiso Japan locations in Cambodia. All products are priced at about US$ 1.90. As of 2018, its new name in Cambodia is "DAISO JAPAN Life Coordinates Store". All products are priced at RM 5.90, or US$ 1.43 GST -inclusive. The price increase from RM 5.30 to

1089-588: Was replaced by restaurants Fogo de Chão and Paris Baguette , with the former opening on April 21, 2023, and the latter opening on June 1, 2024. A freestanding Shake Shack restaurant, the fourth overall in Washington state and the first with a drive-thru , was opened in September 2023. In May 2018, Macy's announced an off price store called Macy's Backstage within its store. Japanese casual wear retailer Uniqlo opened at Alderwood on May 17, 2024. The mall

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