New stores are being planned for Thailand, Hong Kong, the Philippines, and Malaysia as well
By: Huang Tzu-ti, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – Japanese discount store chain, Don Quijote, announced plans to increase its presence across Asia on Feb. 20, with new stores to be launched in Taiwan, Thailand, Hong Kong, the Philippines, and Malaysia.
A new store of the retailer, also known as Donki, was inaugurated in an upscale residential area of Bangkok on Thursday, as part of the company’s ambitious plans to expand its overseas business by increasing the number of establishments from 41 to 200, reported Nikkei Asian Review.
According to Koji Ohara, president and CEO of Don Quijote chain operator, Pan Pacific International Holdings, the Bangkok store is expected to generate 2 billion yen (US$18 million) in annual sales, the report quoted him.
The franchise is known for its wide array of merchandise from daily necessities to second-hand watches available at bargain prices, wrote the Straits Times. Shoppers will also find a large variety of Japanese snacks as well as cosmetics and medicine that serve as top choices for international visitors looking for souvenirs, said Liberty Times. [FULL STORY]