Japanese retail giant opens 50th store in the Gulf

Daiso announces launch of landmark store in Dammam, Saudi Arabia
Japanese retail giant opens 50th store in the Gulf
By Staff writer
Tue 24 Oct 2017 01:38 PM

Daiso, the popular Japanese retail concept, has announced the opening of its 50th store in the Middle East.

The flagship store in the Othaim Mall, Dammam, Saudi Arabia is the seventh to open in the Gulf kingdom, the retailer said in a statement.

It added that as well as Japanese products, Daiso also offers shoppers a range of 70,000 items to select from glassware and crockery to DIY products, gardening accessories to gifts and novelties, plus a range of cosmetics, living, gifting, toys and stationery.

Daiso Japan operates in Middle East under the joint franchise ownership of Lals Group and Damas Group.
Manu Mulchandani, COO, Daiso Japan, GCC, said: “We are absolutely thrilled to announce the opening of our 50th Middle East store at the prestigious Othaim Mall.

“The GCC contributes a substantial part of our worldwide business and we have witnessed a significant growth on previous year’s numbers and have been strategically adding two to four stores every year in the region. Our success in the region stems from our high-quality products and value for money prices, which makes for an unparalleled offering in the prevalent market."

Worldwide, the brand has more than 4,000 stores with sales exceeding $3 billion. In the GCC region, there are 32 stores in the UAE, while the remaining 18 are located across Kuwait, Bahrain, Qatar and Saudi Arabia.

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