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Daiso
is a large franchise of 100-yen shops founded in Japan. The headquarters are in Higashihiroshima, Hiroshima Prefecture. Daiso has a range of over 100,000 products, of which over 40 percent are imported goods, many of them from China, South Korea, and Japan. Many of their products are house-hold items such as kitchenware and cleaning products. Daiso has locations in 25 countries and regions worldwide. History Daiso was originally opened first as a street vending shop dealing with 100- yen products known as “Yano Shoten" by Hirotake Yano in 1972. He later founded Daiso in 1977. Business method Daiso often uses such locations as previous pachinko parlours for its retail outlets. They spend a lot of money on shelving and fixtures to help the stores compete with more high-end retailers. The stock of items retailed at each shop is varied frequently in order to increase repeat customers. Daiso categorizes all of its own branded items on sale using the morpheme ''za'' (ザ), the ...
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100-yen Shop
are common Japanese shops in the vein of American dollar stores. Stocking a variety of items from clothing to stationery, housewares to food, each item is priced at precisely 100 yen, which is considered attractive to Japanese consumers because it can be paid for with a single 100-yen coin. However, the current Japanese sales tax of 8% (food and drinks) or 10% (other items) is also added, making a 100-yen purchase actually cost 108 or 110 yen."100 Yen Shop"
''japan-guide.com'', 15 February 2018
Larger items, like furniture and tools, may also cost more yet are still relatively affordable, usually costing less than 1000 yen. The four major chains are , Seria, Watts, and Can Do, which combined have over 5,500 locations a ...
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Hirotake Yano
Hirotake Yano (矢野 博丈, born 19 April 1943) is a Japanese businessman and founder of the Daiso discount retail chain. Hirotake Yano was born Koro Kurihara in Beijing, China in 1943. He comes from a family of five brothers and three sisters. His father and two brothers were doctors. Yano's family moved back to his father's home town Higashi-Hiroshima when World War II ended. Yano took up boxing while at Hiroshima Kokutaiji High School in Hiroshima, and became a Hiroshima Prefectural representative. He was chosen for an Olympic athletes preparation camp, where one of his opponents was Tetsuro Kawai, an amateur featherweight champion and contender for the Tokyo Olympics in 1964. Yano's father would not send him to university unless he studied science or engineering-related subjects which would lead to a good job, so he could not apply for a sports scholarship. He failed entrance examinations for 16 different universities, and then was accepted into Chuo University , common ...
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Variety Store
A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, automotive parts, dry goods, toys, hardware, home furnishings, and a selection of groceries. It usually sells them at discounted prices, sometimes at one or several fixed price points, such as one dollar, or historically, five and ten cents. Variety stores do not include larger formats: general merchandise superstores (hypermarkets) such as Target and Walmart. Warehouse clubs like Costco, grocery stores, and department stores are also not considered variety stores. Economics Pricing and margins Some items are offered at a considerable discount over other retailers, whereas others are at the same price point. There are two ways variety stores make a profit: * Buying and selling vast amounts of goods at heavily discounted prices provides a small profit margin multiplied by the volume of sales. * Pricing many items at prices that are h ...
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Perth
Perth is the capital and largest city of the Australian state of Western Australia. It is the fourth most populous city in Australia and Oceania, with a population of 2.1 million (80% of the state) living in Greater Perth in 2020. Perth is part of the South West Land Division of Western Australia, with most of the metropolitan area on the Swan Coastal Plain between the Indian Ocean and the Darling Scarp. The city has expanded outward from the original British settlements on the Swan River, upon which the city's central business district and port of Fremantle are situated. Perth is located on the traditional lands of the Whadjuk Noongar people, where Aboriginal Australians have lived for at least 45,000 years. Captain James Stirling founded Perth in 1829 as the administrative centre of the Swan River Colony. It was named after the city of Perth in Scotland, due to the influence of Stirling's patron Sir George Murray, who had connections with the area. It gained c ...
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South Australia
South Australia (commonly abbreviated as SA) is a state in the southern central part of Australia. It covers some of the most arid parts of the country. With a total land area of , it is the fourth-largest of Australia's states and territories by area, and second smallest state by population. It has a total of 1.8 million people. Its population is the second most highly centralised in Australia, after Western Australia, with more than 77 percent of South Australians living in the capital Adelaide, or its environs. Other population centres in the state are relatively small; Mount Gambier, the second-largest centre, has a population of 33,233. South Australia shares borders with all of the other mainland states, as well as the Northern Territory; it is bordered to the west by Western Australia, to the north by the Northern Territory, to the north-east by Queensland, to the east by New South Wales, to the south-east by Victoria, and to the south by the Great Australian Bight.M ...
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Queensland
) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_date = Colony of Queensland , established_title2 = Separation from New South Wales , established_date2 = 6 June 1859 , established_title3 = Federation , established_date3 = 1 January 1901 , named_for = Queen Victoria , demonym = , capital = Brisbane , largest_city = capital , coordinates = , admin_center_type = Administration , admin_center = 77 local government areas , leader_title1 = Monarch , leader_name1 = Charles III , leader_title2 = Governor , leader_name2 = Jeannette Young , leader_title3 = Premier , leader_name3 = Annastacia Palaszczuk ( ALP) , legislature = Parliament of Queensland , judiciary = Supreme Court of Queensland , national_representation = Parliament of Australia , national_representation_t ...
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New South Wales
) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_date = Colony of New South Wales , established_title2 = Establishment , established_date2 = 26 January 1788 , established_title3 = Responsible government , established_date3 = 6 June 1856 , established_title4 = Federation of Australia, Federation , established_date4 = 1 January 1901 , named_for = Wales , demonym = , capital = Sydney , largest_city = capital , coordinates = , admin_center = Local government areas of New South Wales, 128 local government areas , admin_center_type = Administration , leader_title1 = Monarchy of Australia, Monarch , leader_name1 = Charles III , leader_title2 = Governor of New South Wales, Governor , leader_name2 = Margaret Beazley , leader_title3 = Premier of New South Wales, Premie ...
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Abbotsford, Victoria
Abbotsford ( wyi, Carran-carramulk) is an inner-city suburb in Melbourne, Victoria, Australia, north-east of Melbourne's Central Business District, located within the City of Yarra local government area. Abbotsford recorded a population of 9,088 at the 2021 census. Abbotsford is bounded by Collingwood, Richmond and Clifton Hill and separated from Kew by the meandering Yarra River. Formerly part of the City of Collingwood, it is now part of the City of Yarra. Victoria Street forms the southern boundary to Abbotsford (with Richmond); Hoddle Street forms the western boundary (with Collingwood); the Eastern Freeway forms the northern boundary (with Clifton Hill) while the Yarra forms the eastern boundary with Kew, in Boroondara. Some well known Abbotsford landmarks include the Skipping Girl Sign, Dights Falls, the former Collingwood Town Hall, Victoria Park Football Stadium and Abbotsford Convent. Abbotsford is designated one of the 82 Major Activity centres listed i ...
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Morpheme
A morpheme is the smallest meaningful constituent of a linguistic expression. The field of linguistic study dedicated to morphemes is called morphology. In English, morphemes are often but not necessarily words. Morphemes that stand alone are considered roots (such as the morpheme ''cat''); other morphemes, called affixes, are found only in combination with other morphemes. For example, the ''-s'' in ''cats'' indicates the concept of plurality but is always bound to another concept to indicate a specific kind of plurality. This distinction is not universal and does not apply to, for example, Latin, in which many roots cannot stand alone. For instance, the Latin root ''reg-'' (‘king’) must always be suffixed with a case marker: ''rex'' (''reg-s''), ''reg-is'', ''reg-i'', etc. For a language like Latin, a root can be defined as the main lexical morpheme of a word. These sample English words have the following morphological analyses: * "Unbreakable" is composed of three mor ...
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Pachinko
is a mechanical game originating in Japan that is used as an arcade game, and much more frequently for gambling. Pachinko fills a niche in Japanese gambling comparable to that of the slot machine in the West as a form of low-stakes, low-strategy gambling. Pachinko parlors are widespread in Japan, and usually also feature a number of slot machines (called '' pachislo'' or pachislots) so these venues look and operate similarly to casinos. Modern pachinko machines have both mechanical and digital components. Gambling for cash is illegal in Japan, but the widespread popularity of low-stakes pachinko in Japanese society has enabled a specific legal loophole allowing it to exist. Pachinko balls won from games cannot be exchanged directly for money in the parlor, nor can they be removed from the premises or exchanged with other parlors. However, they can be legally traded to the parlor for so-called "special prize" tokens (特殊景品 ''tokushu keihin''), which can in turn be "s ...
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Japanese Yen
The is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar (US$) and the euro. It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as of gold, or of silver, and divided decimally into 100 ''sen'' or 1,000 ''rin''. The yen replaced the previous Tokugawa coinage as well as the various ''hansatsu'' paper currencies issued by feudal ''han'' (fiefs). The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. Following World War II, the yen lost much of its prewar value. To stabilize the Japanese economy, the exchange rate of the yen was fixed at ¥360 per US$ as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per US ...
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Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and fi ...
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