SINGAPORE: Japanese retail chain Daiso, recognized for its number of items obtainable at S$2, introduced on Monday (Apr 25) that it’ll quickly implement a 15-tier pricing system.
The colour-coded tiers, that are pegged to the Japanese yen, embody Goods and Services Tax (GST) and vary from S$2.14 to S$25.47.
The new value change desk will take impact from May 1.
“We thank you for your understanding and continued support,” it mentioned in a Facebook publish.
The chain, which operates 29 shops in Singapore, gives merchandise resembling stationery, meals, homeware and garments. Items beneath the Daiso label have lengthy been obtainable at a flat value of S$2 whereas merchandise beneath its Threeppy model fluctuate in price.
This newest replace from Daiso Singapore comes after the retailer mentioned earlier this month that it’ll begin charging a 7 per cent GST on prime of its S$2 price ticket for its items.
Source : channelnewsasia.com
