Why did $1.99 shop close down?

technoboy SG

she open to many outlet .. than stuck by sars nobody come out to shop .. that y she go bankrupt ..

That's the correct answer!

She opened too many outlets in too short a time. Company thus faced cash flow problem and thus led to the downfall of the $1.99 shops.

Hello Kitty SG

she got write a book.

u can go buy & read.

mancha SG

One cent coin too costly.

Rednano SG

Hi all

Does anyone remember why did the $1.99 retail outlets close down? Appreciate lotz if you can help me on this one!!

http://www.nanzchongkomo.com/

^Acid^ aka s|aO^eH~ SG

daiso better...

dukedracula SG

poor planning….expansion was too fast and picked expensive locations like ngee ann city…especially when each item is only 1.99….. she went for high class branding…but budget goods need budget branding….fyi, the brand is now held by creative’s sim wong hoo, who paid a million bucks for it….i think the money went to charity….

Q.C.Pak SG

Daiso alot of chiobu.

dj woody SG

Daiso alot of chiobu.

LOL

tomhongs SG

thanks for the info. Appreciate it!

Snookerlover SG

Maybe shift to $2 shop.

Man!x SG

a 1.80 cents store opened?

kenn3th SG

still got value shop

1greatguy SG

Crap shop.

Bitch wanna act high class by selling cheap stuff, end up not making money.

Lucky got rich husband & some connections. No means got who gonna makan all her loss $$ goods.....

Come to think again, I wonder where some the entrepurner of the years went to?

I remember the Nokia lady who's on trial for something connected to a guy fr Semi-tech who also an EOtY but end getting charged for corruption.

Some entrepreneur SG hv!

Jeromethewarrior SG

I miss that shop too. 1.99 just fell like a good bargain when buying things.

[J]erry SG

Crap shop.

Bitch wanna act high class by selling cheap stuff, end up not making money.

Lucky got rich husband & some connections. No means got who gonna makan all her loss $$ goods.....

Come to think again, I wonder where some the entrepurner of the years went to?

I remember the Nokia lady who's on trial for something connected to a guy fr Semi-tech who also an EOtY but end getting charged for corruption.

Some entrepreneur SG hv!

how true

elite

sir_peanuts SG

i remember sim even had a experiment... he set up bazaar in creative hq to sell all the leftovers from one99, and people could pay whatever amount they wanted to pay. someone paid $20 for one piece, another paid 20cents and waited for 10cents change.

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