Daiso Singapore to scrap S$2 prices for 15-tier system with items up to S$25.47

SINGAPORE: Japanese retail chain Daiso, recognized for its number of items obtainable at S$2, introduced on Monday (Apr 25) that it’s going to 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 stated in a Facebook put up. 

The chain, which operates 29 shops in Singapore, gives merchandise reminiscent of stationery, meals, homeware and garments. Items below the Daiso label have lengthy been obtainable at a flat value of S$2 whereas merchandise below its Threeppy model differ in value. 

This newest replace from Daiso Singapore comes after the retailer stated earlier this month that it’s going to begin charging a 7 per cent GST on high of its S$2 price ticket for its items.

Daiso Singapore to scrap S$2 prices for 15-tier system with items up to S$25.47

Gabrielle Andres

Source : channelnewsasia.com

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