- Japanese retailer opens monumental 50th store in KSA

- Daiso Japan inaugurates the country's 7th store in Othaim Mall, Dammam

- Brand delivers on robust growth plans for the store network in the last quarter of 2017

Dubai, UAE: Daiso, renowned Japanese retail concept, opens its flagship store in the Othaim Mall, Dammam, marking the opening of its 50th store in the Middle East, a significant feat for the novel brand.

The store was inaugurated by Daiso Japan KSA’s country Manager Mr. Ahmed Basha under the tutorship of COO, Daiso Japan, GCC, Mr. Manu Mulchandani.

Speaking about the momentous opening Mr. 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; which is one of Dammam’s most bustling shopping centers with an eclectic variety of shopping, entertainment, and F&B destinations.”

“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. Moreover, we continually ensured to offer unique novelties that fulfill our customer’s everyday needs, as well as to create unique shopping experiences.” Concluded Mr. Mulchandani.

Besides 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, even a range of cosmetics, living, gifting, toys and stationery, among others.

The new unit raises the total number of stores in KSA to 7. This latest addition is located on the second level of Othaim Mall and is laid out over 612 square meter helping customers navigate easily and shop for quality Japanese household items.

Daiso Japan operates in Middle East under the joint franchise ownership of Lals Group and Damas Group. The unique concept has been extremely well received by over a billion customers worldwide.

Whilst worldwide the brand has more than 4,000 stores, there are 50 stores currently in the GCC region with 32 stores in the United Arab Emirates, and the remaining 18 located across Kuwait, Bahrain, Qatar and Saudi Arabia.

ABOUT DAISO JAPAN
Daiso Japan was launched in December 1977 by founder, Mr. Hirotake Yano, and is headquartered in Higashi, Hiroshima City, Japan. There are currently over 4,000 stores across the world with sales exceeding USD 3 billion annually. Every Daiso store adheres to the founding principles of the business: Quality, Variety, Uniqueness.

Daiso Japan has a wide spread presence in the GCC since 2004, with 32 stores in UAE and several stores in Kuwait, Bahrain and Saudi Arabia. The brand is operated under the franchise agreement of Lals Group and Damas Group.      

© Press Release 2017