New Japanese under-$5 shop aims higher than U.S. dollar stores

Daiso's Standard Products to open first location near Chicago on Saturday

20250205N Standard Products

Shoppers at a Standard Products store in Tokyo's Ginza district. (Photo by Kento Hirashima)

KENTO HIRASHIMA

TOKYO -- A Japanese retailer that competes in the dollar store segment of the U.S. market will aim higher with a new discount format that sells lifestyle products for around $4.

Daiso Industries' Standard Products will debut in the U.S. on Saturday in the Chicago suburb of Oswego.

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