Japan’s famed 100-yen shops fall victim to cost-of-living squeeze

Джерело:
The Guardian newspaper: International | guardian.co.uk

Дата публікації:
23/06/2022 08:37

Постійна адреса новини:
http://www.vsinovyny.com/9108481

Japan’s famed 100-yen shops fall victim to cost-of-living squeeze

23/06/2022 08:37 // The Guardian newspaper: International | guardian.co.uk

Prices at discount stores double or more as cost pressures become critical issue ahead of upper house elections next month

There can’t be a household in Japan that doesn’t own a few items from a 100-yen shop – anything from chopsticks and teacups to air freshener and bin bags.

But the wildly popular discount stores – whose roots lie in the country’s long battle with deflation – are having to compromise on their USP, as soaring raw material costs, the war in Ukraine and a weak yen force companies to raise prices.

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