Don Quijote eyes more Asia stores
In this article (4)
After opening its first outlet in Singapore (called Don Don Donki) this month, Japanese discount retailer Don Quijote plans to expand with even more outlets in Asia.
Founding chairman Takao Yasuda sas the group is looking to open stores in Hong Kong, Malaysia, Taiwan and Thailand.
When moving to Singapore to retire two years ago, Yasuda was surprised at the price of food ingredients and other products imported from Japan. “I realised my new mission was to lower the prices to affordable levels.”
He says the Singapore store has been so popular it has had to limit customer numbers at weekends. “We’ll increase to around 10 stores in Singapore in two to three years so customers can enjoy shopping at leisure.”
Questions & Answers
Q.Which specific Asian markets is Don Quijote planning to expand into?
Which specific Asian markets is Don Quijote planning to expand into?
The group is looking to open new stores in Hong Kong, Malaysia, Taiwan, and Thailand. This expansion follows the recent opening of its first outlet in Singapore this month.
Q.What was the main reason founding chairman Takao Yasuda decided to open stores in Singapore?
What was the main reason founding chairman Takao Yasuda decided to open stores in Singapore?
He was surprised by the high prices of Japanese food ingredients and other imported products in Singapore after moving there. His aim was to lower these prices to more affordable levels for consumers.
Q.How many Don Don Donki stores does the company plan to open in Singapore in the coming years?
How many Don Don Donki stores does the company plan to open in Singapore in the coming years?
The company intends to increase its presence to around 10 stores in Singapore within the next two to three years. This expansion aims to allow customers to shop at their leisure.
Reader pulse
Is Don Quijote's rapid expansion plan in Asia sustainable?
23,168 votes so far